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Oil extends slide on expectations of smoother crude flows via Hormuz
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US-Israel war on Iran
Opec warns of 2019 oil glut
Opec warned on Tuesday that an oil supply glut could emerge in 2019 as the world economy slows and supply from rival producers rises more quickly than expected, building a case for cutting output at a meeting next month.
13 November 2018, 18:00 PM
Tata in active talks to buy majority stake in Jet Airways
Indian conglomerate Tata Sons is in active talks to acquire a controlling stake in Jet Airways, four people aware of the talks told Reuters, in what could potentially be a lifeline for the debt-laden carrier.
13 November 2018, 18:00 PM
Gas to overtake coal as second largest energy source by 2030: IEA
Natural gas is expected to overtake coal as the world's second largest energy source after oil by 2030 due to a drive to cut air pollution and the rise in liquefied natural gas (LNG) use, the International Energy Agency (IEA) said on Tuesday.
13 November 2018, 18:00 PM
Alibaba Singles' Day sales hit $10b in first hour
Chinese e-commerce giant Alibaba Group Holding Ltd settled roughly 69 billion yuan ($9.92 billion) in the first hour of its annual Singles' Day on Sunday, up roughly 21 percent from last year's early haul of 57 billion yuan.
11 November 2018, 18:00 PM
China-backed trade deal takes centre stage at summit as US retreats
World leaders will push for the rapid completion of a massive, China-backed trade deal that excludes the US at a summit this week, in a rebuke to rising protectionism and Donald Trump's "America First" agenda.
11 November 2018, 18:00 PM
India to sell 'enemy shares' of people who fled to Pakistan
India's government is to sell more than $400 million worth of shares left behind by people who fled to Pakistan or China after wars with those countries.
10 November 2018, 18:00 PM
Fed to reconsider 'stress capital buffer' plan: official
Randal Quarles, head of supervision at the Federal Reserve, said on Friday the central bank would re-propose aspects of a bank capital rule known as the “stress capital buffer” due to industry concerns.
10 November 2018, 18:00 PM
China's import expo logs $57.8b of deals
Around $57.83 billion worth of deals were agreed for the year ahead at the China International Import Expo (CIIE), the official China Daily said on Saturday.
10 November 2018, 18:00 PM
China launches aviation fuel index
China National Aviation Fuel Group on Saturday launched the country's first aviation fuel consumption index aimed at providing a fresh gauge for the regional and national economic health of the world's second-largest economy.
10 November 2018, 18:00 PM
Italy vows to keep euro despite Brussels standoff
Italy will not leave the eurozone, populist Deputy Prime Minister Luigi Di Maio said on Friday, despite a standoff with Brussels over Rome's big-spending budget.
10 November 2018, 18:00 PM
EU envoy heads to US to clarify trade deal plans
The EU's top trade negotiator Cecilia Malmstrom heads to Washington next week in an effort to nail down the parameters of a US trade deal, with both sides at loggerheads over what should be included.
10 November 2018, 18:00 PM
Dollar climbs toward 16-month high
The U.S. dollar rose toward a 16-month high against the euro on Friday after the U.S. Federal Reserve kept interest rates steady and reaffirmed its monetary tightening stance, setting up for a fourth interest rate hike this year in December.
10 November 2018, 18:00 PM
Dollar climbs toward 16-month high
The U.S. dollar rose toward a 16-month high against the euro on Friday after the U.S. Federal Reserve kept interest rates steady and reaffirmed its monetary tightening stance, setting up for a fourth interest rate hike this year in December.
10 November 2018, 18:00 PM
Amazon strikes deal with Apple to sell iPhones, iPads
Amazon.com Inc on Friday said it would carry more Apple Inc products globally in time for the holiday shopping season, as the technology rivals put aside past differences to boost sales.
10 November 2018, 18:00 PM
Thai businessman to buy Fortune magazine
Thai businessman Chatchaval Jiaravanon agreed Friday to buy Fortune magazine for $150 million in the latest deal for titles from the former Time Inc. family.
10 November 2018, 18:00 PM
UK economy picks up but slowdown looms before Brexit
Britain's economy has grown at the fastest pace in nearly two years as strong exports and solid household spending offset slumping business investment, data showed Friday awaiting a Brexit deal.
10 November 2018, 18:00 PM
China's factory gate inflation slips
China's factory inflation eased in October owing to slackening demand and a trade war with the United States, while consumer price inflation held steady, official data showed Friday.
10 November 2018, 18:00 PM
Quality issues hit iPhone X, MacBook
Apple Inc said on Friday it had found some issues affecting some of its iPhone X and 13-inch MacBook pro products and said the company would fix them free of charge.
10 November 2018, 18:00 PM
Russia clashes with Western oil buyers over new deals
Russian energy majors are putting pressure on Western oil buyers to use euros instead of dollars for payments and introducing penalty clauses in contracts as Moscow seeks protection against possible new U.S. sanctions.
10 November 2018, 18:00 PM
VW plans to sell electric Tesla rival for less than $23,000
Volkswagen intends to sell electric cars for less than 20,000 euros ($22,836) and protect German jobs by converting three factories to make Tesla (TSLA.O) rivals, a source familiar with the plans says.
9 November 2018, 04:48 AM