Oil prices ease as weak demand outlook weighs on market
Oil prices slipped on Thursday amid persistent concerns about a weak demand outlook, after posting sharp gains in the previous session following a surprise crude...
Asian shares inch ahead as earnings, geopolitics sway sentiment
Asian shares pulled ahead on Thursday as corporate earnings and a ceasefire in northern Syria helped prop up sentiment, though the backdrop of trade and...
China’s Communist Party to hold key meeting next week
China’s ruling Communist Party will hold key meeting starting from next Monday until Thursday, state news agency Xinhua said on Thursday....
Daimler reports third-quarter operating profit rose 8%
Daimler on Thursday announced cost cuts as it reduced its revenue outlook for Mercedes-Benz trucks unit and reported a slight rise in third-quarter operating profit....
Bolivia’s Morales set to win outright as disputed vote count nears completion
Bolivia’s leftist leader Evo Morales was on track to win a fraught presidential race outright, edging to a decisive 10-point lead over his main rival...
Indonesia president tells cabinet to fix regulations, create jobs
Indonesian President Joko Widodo on Thursday ordered his new cabinet members to simplify the country’s regulatory framework within their first month in office, stressing the...
Macron proposes Atos CEO Thierry Breton as new French EU commissioner
France has proposed Atos technology group Chief Executive Officer Thierry Breton as its candidate to head industrial policy in the next European Commission, President Emmanuel...
Hyundai third-quarter profit misses estimates, dogged by quality woes
Hyundai Motor’s quarterly net profit widely missed analyst estimates, after the South Korean automaker booked additional charges to address potential engine defects in the United...
Thousands hit by PG&E’s latest power cutoffs, more planned
Thousands of homes and businesses in California were in the dark on Wednesday as Pacific Gas & Electric turned off power in parts of 15...
Daimler third-quarter operating profit down 8% on weaker car and truck sales
Daimler on Thursday announced cost cuts as it reduced its revenue outlook for Mercedes-Benz trucks unit and reported an 8% drop in third-quarter operating profit....