Oil edges up on trade optimism, eyes on MidEast tensions
Oil prices traded at three-month highs on Monday, underpinned by optimism over an expected U.S-China trade deal, while traders kept a close eye on the...
Tesla begins deliveries of China-made Model 3 cars
U.S. electric vehicle maker Tesla Inc on Monday began delivering Model 3 vehicles built at its Shanghai factory, marking the occasion with a ceremony during...
Oil steady on trade pact optimism, stock draw; eyes on MidEast
Oil prices hovered around three-month highs on Monday following a higher-than-expected crude inventory drawdown and optimism over an expected U.S-China trade deal, while traders kept...
Asian shares down from 18-month top; oil steady after U.S. strikes
A broad gauge of Asian share markets fell on Monday as investors consolidated gains after scaling 18-month highs last week, while oil was steady after...
Egypt competition watchdog approves Uber acquisition of Careem with conditions
The Egyptian Competition Authority (ECA) said on Sunday it had approved ride-hailing group Uber’s acquisition of former regional rival Careem after the regulator agreed to...
China commerce ministry says it has proactively dealt with U.S. trade frictions
China’s Commerce Ministry has “proactively dealt with” trade frictions with the United States this year, it said on Sunday after an annual work conference....
Musk says Boring Co’s Las Vegas tunnel to ‘hopefully’ be operational next year
Elon Musk, founder of tunneling enterprise Boring Company, said in a tweet that a commercial tunnel in Las Vegas would “hopefully” be fully operational in...
Sinochem unit gets $1.65 billion investment from state firms
Sinochem Energy, a unit of China’s Sinochem Group, has agreed to sell a 20% stake to five state-owned firms for 11.56 billion yuan ($1.65 billion),...
U.S. eyes customs deal with Mexico, plans attorney general visit in January
The United States is looking at ways to cooperate with Mexico on customs along their border to curb flows of illicit arms, drugs and money,...
Tim Hortons President Alex Macedo to leave next year
Restaurant Brands International Inc said on Friday Alex Macedo, the president of coffee and breakfast chain Tim Hortons, will be stepping down after two years...