Oil prices jump on U.S. crude stocks fall, major refinery outage
Oil prices hit their highest level in nearly a month on Wednesday, buoyed by an outage at a major refinery on the U.S. East Coast...
Macron calls for synergies, alliances to strengthen Renault-Nissan
French President Emmanuel Macron on Wednesday called for further synergies and alliances to strengthen the Renault-Nissan partnership in a global market....
Kuwaiti equities to be in main MSCI emerging markets index from 2020
MSCI Inc said on Tuesday it would upgrade Kuwaiti equities to its main emerging markets index in 2020, a move that could trigger billions of...
TechnipFMC resolves U.S. and Brazil probes, hopes to settle French case
Oil services company TechnipFMC said it would pay $301.3 million to resolve anti-corruption probes with Brazilian and U.S. authorities, and added it was committed to...
Walmart says it aims to list Japanese supermarket unit Seiyu
Walmart aims to list its Japanese supermarket unit Seiyu while keeping a majority stake in the business, the U.S. company said in a statement on...
TDR Capital to buy car auctioneer BCA Marketplace for $2.4 billion
British private equity firm TDR Capital on Wednesday said it offered to buy car auctioneer BCA Marketplace for about 1.91 billion pounds ($2.42 billion)....
Large carmakers including Volkswagen, FCA could face 2021 EU emissions fines: study
Volkswagen and FiatChrysler could face penalties of up to 1.83 billion euros ($2.08 billion) and 746 million euros respectively, if they fail to meet the...
Masters of what universe? Central bankers in a bind as G20 bickers over trade
For decades the United States led the push for lower tariffs worldwide, but President Donald Trump is testing the solidarity of his G20 peers with...
Oil prices jump as U.S. crude stocks fall, Middle East worries add support
Oil prices rose more than 1% on Wednesday to their highest in nearly a month as industry data showed U.S. crude stockpiles fell more than...
Asia stocks retreat after Fed tempers aggressive rate cut expectations
Asian stocks retreated on Wednesday and the dollar inched up from three-month lows after Federal Reserve officials tempered expectations in the markets for aggressive monetary...