Business & Finance News
NEW YORK (Reuters) – Vistra Energy Corp and Dominion Energy Inc – which serve about 5.5 million electricity customers in more than a dozen U.S. states – both say they are done building combined-cycle natural gas-fired power plants.
TOKYO (Reuters) – Toyota Motor Corp on Thursday said it plans to build a plant to manufacture hydrogen fuel cell stacks, a key component of fuel cell vehicles, as it seeks to mass manufacture hydrogen-powered cars to expand their usage as a zero emissions alternative to gasoline vehicles.
NEW DELHI (Reuters) – Indian billionaire Anil Agarwal often talks about his dream to turn his London-listed company Vedanta Resources into a global resources giant. He has already bought stakes in big mining companies, such as Anglo American Plc, and says he plans to spend at least $1 billion on investments in Africa.
WASHINGTON (Reuters) – U.S. President Donald Trump has signaled a new direction in U.S.-China trade talks and said any deal would need “a different structure,” fueling uncertainty over current negotiations.
WASHINGTON (Reuters) – The Trump administration has launched a national security investigation into car and truck imports that could lead to new U.S. tariffs similar to those imposed on imported steel and aluminum in March.
SHANGHAI (Reuters) – Asian shares fell on Thursday after the U.S. government launched a national security probe into auto imports that could lead to new tariffs, and President Donald Trump’s comments indicated fresh setbacks in U.S.-China trade talks.
BEIJING (Reuters) – China’s Premier Li Keqiang said on Thursday China has always supported a unified and prosperous Europe and that China and Germany uphold free trade.
SHANGHAI (Reuters) – Japanese retailer Muji has been fined 200,000 yuan (23,445 pounds) in Shanghai for using packaging that lists Taiwan as a country, underscoring China’s growing sensitivity to how companies refer to the self-ruled island.
BEIJING (Reuters) – China’s Commerce Ministry said on Thursday that it had not pledged to cut the country’s trade surplus with the United States by a certain figure, and hopes the United States implements measures promised during trade negotiations as soon as possible.
HONG KONG (Reuters) – Russia’s largest aluminum producer, United Company Rusal Plc , said on Thursday its chief executive and seven board members have quit, and warned it may have problems servicing its debt due to the impact of U.S. sanctions.
CHICAGO (Reuters) – United Airlines executives faced questions about ending its discount for a gun rights group and how it treats its workers at the carrier’s annual shareholders meeting on Wednesday.
WASHINGTON (Reuters) – The Trump administration on Wednesday launched a national security investigation into car and truck imports that could lead to new U.S. tariffs similar to those imposed on imported steel and aluminum in March.
SEOUL (Reuters) – Oil prices fell on Thursday, pulled down by expectations that OPEC members could step up production in the face of worries over supply from both Venezuela and Iran.
SAN FRANCISCO (Reuters) – Uber has shut down its self-driving car operation in Arizona two months after a fatal crash involving one of its vehicles, the company said on Wednesday.
SHANGHAI (Reuters) – Asian shares moved lower on Thursday as investors fretted about new setbacks in U.S.-China trade talks, but negative sentiment was tempered by U.S. Federal Reserve meeting minutes suggesting it would not raise the tempo at which it increases interest rates.
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