Saudi Aramco shares open 10% lower as oil price crash
Shares in Saudi Aramco plunged 10% in opening trade on Monday, following a sharp drop in oil prices after Saudi Arabia slashed its official selling...
Amazon launches business selling automated checkout to retailers
Amazon.com Inc on Monday is set to announce a new business line selling the technology behind its cashier-less convenience stores to other retailers, the company...
India’s embattled Yes Bank debt writedown to hit sector capital-raising
The unexpected writedown of some bonds issued by crisis-hit Indian lender Yes Bank Ltd as part of a state-led rescue is set to raise borrowing...
Oil crashes after Saudi Arabia starts price war amid slumping demand
Oil prices plummeted around 30% on Monday after Saudi Arabia slashed its official selling prices and set plans for a dramatic increase in crude production...
Cathay could fly freight-only services on passenger jets after Japan curbs
Hong Kong’s Cathay Pacific Airways Ltd may fly only freight to Japan, and no passengers, if it retains some services whose cancellation it announced at...
Exclusive: U.S., Canada, European nations meet to discuss concern over Mexico energy policy
The United States, the European Union, Canada and six European nations have held joint talks on concerns over Mexico’s energy policy, sources told Reuters, as...
Australia sues Facebook, alleges breach of user data
The Australian privacy regulator filed a lawsuit against Facebook Inc accusing the social media giant of sharing the personal details of more than 300,000 people...
Airport passenger traffic in Asia-Pacific set to plunge 24% in first quarter – industry group
Airport passenger traffic in the Asia-Pacific region is expected to take a 24% hit in the first quarter from the coronavirus, leading to a $3...
U.S. stock futures sink by 5% down limit after crude rout
U.S. stock futures plunged 5% to hit their daily down limit and halt trading after the biggest single-day loss in oil futures in almost 30...
Oil plunges 25% after Saudi Arabia slashes prices, says will open taps
Oil prices plunged around 25% on Monday, heading towards their biggest daily loss since 1991 after Saudi Arabia slashed prices and set plans for a...