Russia’s largest oil producer Rosneft will buy around 6 million tonnes of oil worth over $2 billion from domestic producers next year, according to an announcement on a state-owned website for purchases of companies’ needs.
The New York Yankees are in talks with Amazon.com Inc and Sinclair Broadcast Group Inc about a joint bid for the team’s regional sports network, Yes, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Stocks in Europe and Asia rose cautiously on Friday after Wall Street ended a volatile session with big gains, but fears of further price swings and worries about U.S. politics kept safe-haven currencies such as the yen and Swiss franc in demand.
Oil prices rebounded on Friday, clawing back some of the ground lost this week, but remained close to their lowest levels in more than a year as rising U.S. inventories and concern over global economic growth kept markets under pressure.
A third prototype of China’s home-built C919 narrowbody passenger jet completed its first test flight on Friday, its manufacturer said, in another step forward in the nation’s push to become a global civil aerospace player.
Oil prices rose by a $1 on Friday to win back some of the ground they lost in the previous session, but growth in U.S. crude stockpiles and ongoing concerns about the global economy kept markets under pressure.
Asia stocks advanced on Friday after Wall Street ended volatile trade in positive territory, adding to the previous session’s big gains, although lingering investor jitters helped support safe-haven currencies such as the yen.
Nissan Motor Co will produce 30,000 fewer vehicles in the coming months in China than what it had planned, a person briefed on the matter told Reuters, as global automakers grapple with falling demand in the world’s biggest car market.
Russian aluminum company Rusal said on Friday it has appointed independent non-executive director Jean-Pierre Thomas as its new chairman as part of an agreed restructuring in exchange for the lifting of U.S. sanctions.
Russian aluminum company Rusal said on Friday it has appointed independent non-executive director Jean-Pierre Thomas as its new chairman as part of an agreed restructuring in exchange for the lifting of U.S. sanctions.
Mexico’s government unveiled a plan on Thursday to step up use of the armed forces to combat fuel theft, vowing to root out corrupt officials it says are largely responsible for a problem that has cost the country billions of dollars.
Nissan Motor Co plans to cut vehicle production in China by 30,000 units in the coming months, a person briefed on the matter told Reuters, as global automakers grapple with falling demand in the world’s biggest car market.
Asia stocks gained on Friday after Wall Street ended volatile trade in the green, adding to the big advances of the previous session, although lingering investor jitters helped support safe-haven currencies such as the yen.
U.S. cannabis retailer Green Growth Brands Ltd said on Thursday it would make a hostile takeover bid for Aphria Inc in an all-stock deal valuing the Canadian pot producer at C$2.8 billion ($2.06 billion).
Asia stocks inched higher on Friday after Wall Street ended volatile trade in the green, adding to the massive gains of the previous session although lingering investor jitters helped support safe-haven currencies such as the yen.
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