Oil falls about 2.5% as U.S. Gulf production returns
Oil fell about 2.5% a barrel on Thursday, weighed down by weakness in U.S. equities markets and an expectation that crude output would rise in...
BMW picks Oliver Zipse as new CEO
BMW said Oliver Zipse will become chief executive on Aug. 16, picking the 55-year-old manufacturing expert to help the German automaker make the shift to...
U.S. tells T-Mobile, Sprint to wrap up divestiture deal: source
The U.S. Justice Department has told T-Mobile US Inc and Sprint Corp to wrap up a deal by the end of next week to sell...
BMW promotes Oliver Zipse to CEO
German luxury carmaker BMW on Thursday named 55-year-old Oliver Zipse as its new chief executive, continuing a tradition of promoting a manufacturing expert to the...
Trump to meet airline executives to discuss ‘competition and transparency’
U.S. President Donald Trump will meet with top executives from a handful of airlines on Thursday to discuss “competition and transparency,” a White House official...
Trade, earnings caution weigh on stocks; oil drops
A gauge of global stocks lost ground for a third straight session on Thursday on worries over how the trade war between the United States...
Trump to meet with airline CEOs on Qatar flights
U.S. President Donald Trump planned to meet on Thursday with the chief executives of major American airlines and Qatar Airways to discuss their accusations that...
Airline chiefs at White House with concerns over Open Skies agreement; subsidies by Qatar, UAE
U.S. President Donald Trump planned to meet on Thursday with the chief executives of major American airlines to discuss their accusations that subsidies by Qatar...
Transport app FlixMobility gets Germany’s biggest tech funding round to drive growth
Transport app FlixMobility has raised around 500 million euros ($561 million) in Germany’s biggest tech funding round to date to back investments in its expansion,...
Blackstone reports better-than-expected Q2 distributable earnings
Blackstone Group Inc , the world’s largest manager of alternative assets such as private equity and real estate, said on Thursday its distributable earnings in...