Oil drops 2% as trade war rumbles on and output swells
Oil prices fell by 2% on Tuesday, weighed down by rising OPEC and Russian oil output as well as the protracted U.S.-China trade dispute that...
Netflix applies for license under new Turkish broadcasting rules
U.S. online streaming service Netflix has applied for a license to continue operating in Turkey under new online broadcasting rules, the head of the country’s...
Catastrophes to drive 2020 reinsurance rate price rise
Two years of higher-than-expected losses from natural catastrophes are likely to prompt average reinsurance rate renewal rises of up to 5% in January, ratings agencies...
U.S. IPOs hope for stock market volatility reprieve
U.S. companies planning to launch initial public offerings (IPOs) in the coming weeks are hoping that August’s bout of stock market volatility will subside this...
Netflix applies for Turkish online broadcasting license: TV watchdog
The head of Turkey’s television watchdog said on Tuesday that online streaming service Netflix has applied for a license under the country’s new online broadcasting...
Executive’s flight to PSA highlights Renault-Nissan alliance tensions
A senior Renault-Nissan executive has quit the troubled carmaking alliance to join Peugeot maker PSA Group , blaming Renault boss Thierry Bollore for forcing his...
Former Renault-Nissan executive Deboeuf named PSA’s industrial strategy director
Arnaud Deboeuf has left his role as a senior executive in the troubled Renault-Nissan alliance and been appointed industrial strategy director at French rival PSA...
Global stocks stumble toward two-month lows as U.S. data looms
Global stocks slipped toward a recent two-month low on Tuesday, as U.S.-China trade tensions drove investors to the relative shelter of gold, the Japanese yen...
Marvel superheroes power up Lego’s sales
Models of superheroes and villains from Marvel’s “Avengers” movies helped lift first-half sales at Lego, as the Danish toymaker continued its turnaround drive with investments...
Just Eat shareholder Eminence Capital to vote against Takeaway.com merger
A top-10 investor in Just Eat said on Tuesday it would vote against the British food delivery company’s proposed 9 billion pound ($11 billion) merger...