Oil rises after U.S. threat of sanctions on Venezuela crude
Oil rose on Thursday, shaking off persistent concern about the outlook for demand after the U.S. government said it could impose sanctions on OPEC member Venezuela’s crude exports.
Oil rose on Thursday, shaking off persistent concern about the outlook for demand after the U.S. government said it could impose sanctions on OPEC member Venezuela’s crude exports.
The euro retreated while stocks and bonds rallied on Thursday, as painful data from France and only modestly better readings from Germany set the tone for the European Central Bank’s first meeting of the year.
Deutsche Bank said on Thursday that it had received an inquiry from two important committees of the U.S. House of Representatives on the lender’s ties to U.S. President Donald Trump.
Renault’s board was meeting on Thursday to appoint new leadership, after Chairman and Chief Executive Carlos Ghosn resigned in the wake of a financial scandal that has rocked the French carmaker and its alliance with Japan’s Nissan .
Somber results from chipmakers SK Hynix Inc and Texas Instruments Inc , on the heels of warnings from tech behemoths Samsung and Apple, indicate more gloom for the sector as China’s economy slows to its weakest in decades.
Nissan Motor Co Ltd said on Thursday it was preparing to hold an extraordinary shareholders meeting in mid-April to vote on removing former Chairman Carlos Ghosn and director Greg Kelly from the automaker’s board.
If you somehow missed the news about the killing of journalist Jamal Khashoggi by Saudi agents and the global outcry that ensued, you might think Saudi Arabia is the darling of the World Economic Forum in Davos.
China and the United States will have in-depth discussions on economic and trade issues during Chinese Vice Premier Liu He’s U.S. visit next week, the Chinese commerce ministry said on Thursday.
China’s Huawei Technologies Co Ltd [HWT.UL] on Thursday said it could become the world’s biggest-selling smartphone vendor this year even without the U.S. market and as global scrutiny of the firm intensifies.
China’s Huawei Technologies Co Ltd on Thursday unveiled its 5G modem Balong 5000, which it described as the most powerful 5G modem in the world.
Asian shares inched up in subdued trade on Thursday after Wall Street ended higher, but political uncertainty in the United States and worries about weakening global economic growth kept many investors on the sidelines.
Oil prices declined on Thursday on lingering concerns that slowing global economic growth may limit fuel demand and after a surprise build in U.S. crude inventories.
Apple Inc has dismissed more than 200 employees from its autonomous vehicle group, Project Titan, CNBC reported on Thursday, citing people familiar with the matter.
Carlos Ghosn has resigned from French carmaker Renault , French finance minister Bruno Le Maire told Bloomberg Television in an interview at the World Economic Forum in Davos.
Once seen as a laggard in the global mining industry, U.S. copper deposits have quietly drawn more than $1.1 billion in investments from small and large miners alike as Tesla and other electric carmakers scramble for more of the red metal.
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