Oil bounced above $63 a barrel on Wednesday to claw back some of the previous day’s 6 percent plunge, lifted by a report of an unexpected decline in U.S. crude inventories.
U.S. chipmaker Nvidia Corp has signed separate deals with Chinese electric vehicle startups XPeng Motors, Singulato Motors and SF Motors to develop autonomous driving technology, Chief Executive Jensen Huang said on Wednesday.
U.S. prosecutors are investigating if Hyundai Motor and affiliate Kia Motors’ vehicle recalls over engine defects were conducted properly, according to a person with knowledge of the matter and documents reviewed by Reuters.
Almost all the money that flowed through Danske Bank’s Estonian branch passed through banks in the United States, the whistleblower who brought to light an alleged 200 billion euro ($228 billion) money laundering scandal said on Wednesday.
French Finance Minister Bruno Le Maire said on Wednesday France and Japan were keen to pursue the consolidation of the alliance between Renault and Nissan.
Airbus on Wednesday set in place the financial and operational pillars of a soon-to-be completely overhauled leadership as it emerges from months of internal strife caused by legal problems and delays in meeting record output goals.
Oil bounced by more than 1 percent on Wednesday to claw back some of the previous day’s 6-percent plunge, lifted by a report of an unexpected decline in U.S. commercial crude inventories and record Indian crude imports.
French finance minister Bruno Le Maire will hold a briefing on Wednesday to discuss the situation with Renault, said a spokesman for the French economy ministry, with Renault boss Carlos Ghosn still in custody in Japan.
U.S. prosecutors are investigating if Hyundai Motor and affiliate Kia Motors’ vehicle recalls over engine defects were conducted properly, according to a person with knowledge of the matter and documents reviewed by Reuters.
China’s Babytree Group, a parenting website operator, has priced its Hong Kong IPO at the bottom of a marketing range, people close to the deal said, reducing its valuation and implying a ‘down round’ for investor Alibaba Group Holding Ltd .
Airbus on Wednesday named the finance director of German chipmaker Infineon Technologies as its next chief financial officer to replace fellow German Harald Wihelm, who is due to step down next year.
The European Union should harmonize whistleblower protection with the United States to avoid major money laundering scandals like the one in which Danske Bank is embroiled, the lawyer for the main whistleblower in the case said on Wednesday.
U.S. farmers finishing their harvests are facing a big problem – where to put the mountain of grain they cannot sell to Chinese buyers.
Illinois, the U.S. state with the lowest credit rating on Wall Street, has often been chastised for using gimmicks to balance its budget.
Asian stocks slipped on Wednesday as intensifying concerns about global economic growth gripped financial markets, sending Wall Street shares tumbling and driving the safe haven dollar up from a two-week low.
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