U.S. oil futures plumb historic lows below zero
U.S. oil futures traded in negative territory on Tuesday, after sinking nearly $40 the previous session in their first ever dive below zero, as concern...
California regulator wants changes in PG&E reorganization plan, proposes $2 billion fine
A California regulator has asked PG&E Corp for governance and oversight changes in its reorganization plan, while also proposing penalties of about $2 billion on...
Daimler teams up with Volvo Trucks in fuel cell venture
Daimler and Volvo Trucks have agreed to join forces to develop, produce and sell fuel cell systems for heavy-duty vehicles, in a sign that the...
U.S. crude futures turn positive after historic plunge, Brent falls
U.S. oil prices hobbled back into positive territory on Tuesday after sinking below $0 for the first time ever, but international benchmark Brent dipped as...
Analyst View: After U.S. oil futures crash, what next?
A historic rout in oil markets sent U.S. crude prices plummeting to as much as minus $40 a barrel as traders rushed to get rid...
Remember the 1980s glut: Ex-BP boss Browne warns oil will stay low
The oil price will stay low for some time as supply exceeds demand and the current situation on global oil markets is reminiscent of the...
Nissan to close global headquarters, other Japan sites through May 10 due to virus
Nissan Motor Co said on Tuesday it will shut its global headquarters in Japan for 16 days through early May to contain the spread of...
Ferrari rolls out coronavirus testing to get staff ready for work
Workers at Ferrari are signing up en masse for voluntary coronavirus screening so they can return to work as soon as possible in an ambitious...
Crude costs money again after shock crash, stocks stay in doldrums
U.S. crude oil bounced back into positive territory on Tuesday, but a historic plunge below zero rattled investors and triggered the steepest drop in Asian...
SAP reverts to sole CEO to handle coronavirus pandemic
The coronavirus pandemic brought a six-month experiment in dual leadership at SAP to an abrupt end as the German business software group named Christian Klein...