Oil prices edged up on Thursday on optimism that trade talks at the upcoming G20 meeting could help the global economy and improve demand, but gains were curbed after U.S. crude inventories hit their highest in a year.
Anglo-Dutch consumer goods company Unilever said its CEO Paul Polman was retiring, less than two months after a damaging row with shareholders, and would be replaced by the head of its beauty unit Alan Jope from January 1.
U.S. Trade Representative Robert Lighthizer said on Wednesday that he was examining all available tools to raise U.S. tariffs on Chinese vehicles to the 40 percent duties that China is now charging on U.S.-produced vehicles.
Safran unveiled ambitions to become the world’s leading aerospace supplier in 15 years, overtaking United Technologies , as it pledged a research and development (R&D) spending drive while increasing cash returns to shareholders.
A Bank of Japan board member declined on Thursday to comment on a media report that she was involved in an alleged attempt by former Nissan chairman Carlos Ghosn to shift personal investment losses to the automaker during her time at a commercial bank.
Huawei Technologies Co Ltd said it was seeking clarification from New Zealand after the country’s intelligence agency rejected the telecommunication industry’s first request to use the Chinese firm’s equipment in its planned 5G mobile network.
Oil prices ticked higher on Thursday on optimism that trade talks at the G20 meeting could aid the global economy and improve the demand outlook, while an increase in U.S. crude inventories to their highest in a year curbed gains.
Billionaire entrepreneur Elon Musk has scrapped plans for a high-speed passenger tunnel under the West side of Los Angeles but is moving ahead with a similar proposal across town designed to whisk baseball fans to and from Dodger Stadium.
Asian stocks advanced on Thursday, tracking a surge on Wall Street, after the chairman of the U.S. Federal Reserve suggested it may nearing an end to its three-year rate tightening cycle, boosting interest in riskier assets.
Huawei Technologies Co Ltd said it was seeking clarification from New Zealand after the country’s intelligence agency rejected the telecommunication industry’s first request to use the Chinese firm’s equipment in its planned 5G mobile network.
Volkswagen is deciding where to locate a new factory in North America to build electric vehicles for the U.S. market, the German automaker’s new head for the Americas said on Wednesday.
The U.S. Army said on Wednesday that it has awarded Microsoft Corp a $479.2 million contract to supply prototypes for the Army’s augmented reality systems helping soldiers in training and combat missions.
Tobacco company Altria Group Inc is in talks to take a minority stake of 20 to 40 percent in e-cigarette maker Juul Labs Inc, people familiar with the matter said on Wednesday.
Asian stocks rose on Thursday tracking a Wall Street rally as dovish comments from Federal Reserve Chair Jerome Powell boosted investor sentiment towards riskier assets.
An end to the bull run in global stocks is not far away, according to a Reuters poll which also showed a broad cut to forecasts for next year on concerns over global growth and tightening financial conditions.
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