Oil rose to around $67 a barrel on Tuesday, supported by Saudi Arabia’s plan for further voluntary supply curbs in April and by a cut in oil exports from Venezuela due to a power outage.
Japan’s Nissan Motor and France’s Renault said they would retool the world’s top car-making alliance to put themselves on more equal footing, breaking up the all-powerful chairmanship previously wielded by ousted boss Carlos Ghosn.
The chief executives of T-Mobile US Inc and Sprint Corp, which are seeking to merge, head back to Capitol Hill on Tuesday to defend their planned $26 billion deal.
Last-minute tweaks to Britain’s deal to leave the European Union triggered gains across global stocks and propelled sterling higher on Tuesday, soothing investor worries about a possible no-deal exit that has unnerved financial markets in recent months.
Families of those killed aboard Ethiopia Airlines flight 302 must wait at least five days to begin receiving some victims’ remains, the company said on Tuesday, though the identification of others is expected to take much longer.
Former Nissan boss Carlos Ghosn will not hold a highly anticipated news conference until next week at the earliest and is not now planning to attend the carmaker’s shareholders meeting next month, his lawyer said on Tuesday.
Japan’s Nissan Motor and France’s Renault on Tuesday retooled the board structure of the world’s largest car-making alliance, putting themselves as equals after the ouster of former boss Carlos Ghosn.
Singapore and Australia suspended operations of all Boeing 737 MAX aircraft in and out of their airports on Tuesday, and Indonesia and China grounded their fleets of the U.S. planemaker’ s latest model after it suffered a second fatal crash in less than five months.
Australia’s civil aviation safety authority suspended Boeing Co 737 MAX aircraft from flying to or from Australia, following fatal crashes involving the U.S. planemaker’s latest model in Indonesia and Ethiopia.
Oil prices rose on Tuesday, as OPEC’s de facto leader Saudi Arabia appeared to deepen the group’s supply cuts aimed at tightening markets, although gains were capped by the ongoing surge in U.S. supply and worries over the global economy.
Japan’s Nissan Motor Co and France’s Renault SA on Tuesday unveiled a new board structure for their alliance that will see the chairman of Renault serve as a director of Nissan.
Singapore suspended operations of all Boeing 737 MAX aircraft in and out of Changi airport on Tuesday, and Indonesia and China grounded their fleets of the U.S. planemaker’ s latest model after it suffered a second fatal crash in less than five months.
Oil prices rose on Tuesday, lifted by healthy demand and output cuts led by producer group OPEC, although the gains were capped by the ongoing surge in U.S. supply while analysts warned of risks to the global economy.
It seemed like an opportunity a lender would not want to miss.
The Malaysian government is considering whether to shut, sell or refinance national carrier Malaysia Airlines (MAB), Prime Minister Mahathir Mohamad said on Tuesday.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
