Oil prices shed gains as alarm over Iran rocket strike fades – for now
Oil prices were up on Wednesday but well below peaks hit in frenzied early trading after a rocket attack by Iran on American forces in...
Geely, Mercedes-Benz launch $780 million JV to make electric smart-branded cars
Zhejiang Geely Holding Group Co Ltd and Mercedes-Benz on Wednesday said they would each invest 2.7 billion yuan ($388.77 million) in a China-based venture to...
‘Flawed, biased’: Ghosn lawyers blast Nissan before news conference
Fugitive ex-Nissan chief Carlos Ghosn’s lawyers opened fire on the car maker on Wednesday, hours before he was scheduled to hold a highly anticipated news...
Saudi Aramco hits new low on U.S.-Iran tensions
Shares of Saudi Aramco opened at 34 riyals ($9.06) on Wednesday, their lowest level since the oil giant began trading on December 11, after Iran...
Oil charts steadier course as tensions on Iran strike ebb – for now
Oil prices were about 1% higher on Wednesday, but well below highs hit in a frenetic start to the trading day after a rocket attack...
Airlines re-route flights away from Iraq, Iran airspace after missile attack on U.S. troops
Several major airlines said on Wednesday they were re-routing flights to avoid airspace over Iraq and Iran after the Federal Aviation Administration banned U.S. carriers...
Stocks, gold and oil whipsawed as Iran strikes spark Mideast war fears
Asian shares tumbled on Wednesday, while oil, safe-haven Treasury prices and gold shot higher after Iran fired rockets at U.S.-led forces in Iraq, stoking fears...
Oil gains trimmed as tensions on Iran strike recede – for now
Oil markets calmed on Wednesday after prices had jumped to their highest in months in the wake of a rocket attack by Iran on American...
‘Shot across the bow’: U.S. increases pressure on UK ahead of key Huawei decision
The United States is making a final pitch to Britain ahead of a U.K. decision on whether to upgrade its telecoms network with Huawei equipment,...
Oil price spike clouds corporate profit outlook, putting investors on edge
The spike in oil prices due to the escalating conflict between the United States and Iran is causing investors to worry that U.S. corporate earnings...