Oil market shrugs off Libya crisis
Oil prices fell more than 1% on Tuesday on expectations that a well-supplied market would be able to absorb disruptions that have cut Libya’s crude...
Apple lawsuit tests if an employee can plan rival startup while on payroll
Attorneys for a former Apple Inc executive on Tuesday will try to convince a skeptical judge of a core tenet of tech startup culture –...
Uber tests feature allowing some California drivers to set fares: WSJ
Uber Technologies Inc is testing a feature that allows some drivers in California to set their fares, the Wall Street Journal reported https://www.wsj.com/articles/uber-is-testing-a-feature-that-lets-some-california-drivers-set-fares-11579600801 on Tuesday,...
BP appoints new finance chief as Looney prepares to take over
BP’s finance chief Brian Gilvary is to step down in June after eight years in the role and will be replaced by a close ally...
KFC apologizes for ‘sexist’ Australian ad: report
KFC apologized for an advertisement in Australia that shows two young boys staring at a woman’s breasts, after calls from a local campaign group to...
Airbus adds new A321 production capabilities in France to meet strong demand
European planemaker Airbus said on Tuesday that it had decided to create new A321 production capacity at its French site in Toulouse, in order to...
China virus sends shiver through markets as risks mount
Global shares took a beating on Tuesday, wiping out all gains made at the start of the week as mounting concerns about a new strain...
Japan’s Aeon aims to serve eco-certified sushi in time for Olympics
Japanese supermarket chain Aeon Co Ltd , Asia’s biggest retailer by sales, said it aims to start selling eco-certified sushi this year amid growing demand...
Uber sells Indian Eats business to Zomato in move to cut losses
Uber has sold its loss-making online food-ordering business in India to local rival Zomato in exchange for a 9.99% stake in the startup backed by...
Oil prices slide as supply concerns fade
Oil prices fell nearly 1% on Tuesday as investors expected Libya’s oil production to eventually resume following a force majeure declared by the oil exporter...