Oil prices recover some ground, but economic concerns weigh
Oil prices recovered some ground on Wednesday after touching their lowest in close to a month during the previous session on concerns that a weakening...
Japanese automakers’ sales fall in South Korea amid consumer boycott
Japanese automakers posted sharper sales falls in South Korea in August, industry data showed on Wednesday, hit by a consumer boycott of Japanese vehicles amid...
Global regulator discrepancies over Boeing 737 MAX worry IATA
The head of the International Air Transport Association (IATA) warned on Tuesday that any discrepancy among global regulators over reapproving Boeing Co’s 737 MAX for...
Walmart halts ammunition sales for assault-style rifles; Kroger calls for gun safety
Walmart Inc, the nation’s largest retailer, said on Tuesday it would stop selling ammunition for handguns and some assault-style rifles in all its stores across...
Asia stocks dip after poor U.S. data stokes recession fears
Asian stocks dipped early Wednesday after poor U.S. economic data stoked global recession fears and further soured investor sentiment already hurt by heightened trade war...
ECB back to easing again, but inflation still not in its grip: Reuters poll
The European Central Bank will cut its deposit rate next week and announce a restart of its asset purchase program, but over 80% of economists...
Kroger asks customers to quit openly carrying guns in stores
U.S. grocer Kroger Co has begun asking customers to stop openly carrying firearms in stores, a change in policy, a spokeswoman said on Tuesday....
Exclusive: OxyContin maker prepares ‘free-fall’ bankruptcy as settlement talks stall
OxyContin maker Purdue Pharma LP is preparing to seek bankruptcy protection before the end of the month if it does not reach a settlement with...
Tyson cuts profit forecast, says slaughterhouse fire among challenges
U.S. meat processor Tyson Foods Inc on Tuesday lowered its 2019 adjusted earnings forecast citing short-term challenges due to commodity market volatility, slower-than-expected operational improvements...
Ford finds buyer for Brazil plant, but new owner could cut 1,300 jobs
Brazilian automaker CAOA reached an initial agreement to buy Ford Motor Co’s plant in Sao Bernardo do Campo, the companies said on Tuesday, but CAOA...