Oil bounced by more than 1 percent on Wednesday to claw back some of the previous day’s 6-percent plunge, lifted by a report of an unexpected decline in U.S. commercial crude inventories and record Indian crude imports.
French finance minister Bruno Le Maire will hold a briefing on Wednesday to discuss the situation with Renault, said a spokesman for the French economy ministry, with Renault boss Carlos Ghosn still in custody in Japan.
U.S. prosecutors are investigating if Hyundai Motor and affiliate Kia Motors’ vehicle recalls over engine defects were conducted properly, according to a person with knowledge of the matter and documents reviewed by Reuters.
China’s Babytree Group, a parenting website operator, has priced its Hong Kong IPO at the bottom of a marketing range, people close to the deal said, reducing its valuation and implying a ‘down round’ for investor Alibaba Group Holding Ltd .
Airbus on Wednesday named the finance director of German chipmaker Infineon Technologies as its next chief financial officer to replace fellow German Harald Wihelm, who is due to step down next year.
The European Union should harmonize whistleblower protection with the United States to avoid major money laundering scandals like the one in which Danske Bank is embroiled, the lawyer for the main whistleblower in the case said on Wednesday.
U.S. farmers finishing their harvests are facing a big problem – where to put the mountain of grain they cannot sell to Chinese buyers.
Illinois, the U.S. state with the lowest credit rating on Wall Street, has often been chastised for using gimmicks to balance its budget.
Asian stocks slipped on Wednesday as intensifying concerns about global economic growth gripped financial markets, sending Wall Street shares tumbling and driving the safe haven dollar up from a two-week low.
Tokyo District Court has decided that Nissan Motor Chairman Carlos Ghosn and Representative Director Greg Kelly will be detained for 10 days, Kyodo News reported on Wednesday.
Oil bounced by around $1 a barrel on Wednesday to claw back some of the previous day’s 6 percent plunge, lifted by a report of an unexpected decline in U.S. commercial crude inventories and record Indian crude imports.
Japan said on Wednesday it is ready to work for the stability of the Nissan-Renault global alliance following the stunning arrest of common Chairman Carlos Ghosn, as the Asahi newspaper reported prosecutors are weighing bringing a case against the Japanese automaker.
Oil prices on Wednesday recovered some of the previous day’s over 6 percent plunge, lifted by a report of an unexpected decline in U.S. commercial crude inventories as well as record Indian crude imports.
Asian stocks slid on Wednesday as intensifying concerns about global economic growth gripped financial markets, sending Wall Street shares and crude oil prices tumbling and driving the safe haven dollar up from a two-week low.
Tencent Music Entertainment (TME) – China’s answer to Spotify – is facing crunch time on its hotly anticipated U.S. $2 billion mega IPO this year.
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