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.
Russian aluminium company Rusal said on Friday that its board of directors has elected Jean-Pierre Thomas as its new chairman as part of an agreed restructuring in exchange for the lifting of U.S. sanctions.
U.S. cannabis company Green Growth Brands Ltd said on Thursday it would make a takeover bid for Aphria Inc , valuing the Canadian pot producer at C$2.8 billion ($2.06 billion).
Oil prices fell on Thursday, retreating from an 8 percent rally in the previous session as the oil market focused on signs of faltering global economic growth and record production of crude.
Lockheed Martin Corp has been awarded a $712 million U.S. defense contract for the development of advanced hardware in support of the F-35 Lightning II aircraft, the Pentagon said on Thursday.
U.S. marijuana company Green Growth Brands Ltd said on Thursday it intends to make an offer for Aphria Inc , valuing the marijuana producer at C$2.8 billion ($2.06 billion).
A wild Christmas week ride in global markets continued on Thursday as stocks rallied from significant losses to post gains for the day.
U.S. stocks roared back to end in positive territory on Thursday, following steep losses earlier, as equities rebounded for a second day.
U.S. stocks ended positive on Thursday, with major indexes roaring back late from steep losses earlier in the session, as a late-year rebound in equities continued for a second day.
Chile will delay a previously announced arbitration with Albemarle Corp, the world’s top lithium producer, in anticipation that the U.S.-based miner will make a new offer to bring it into compliance with a 2016 contract, a source close to the negotiations told Reuters.
The S&P 500 and Dow industrials turned positive late in the session on Thursday, roaring back after steep losses for most of the day, helped by gains in technology and health stocks.
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