U.S. business to Trump: Go slowly on Hong Kong response
Business groups are urging U.S. President Donald Trump to go slowly in responding to Bejing’s planned imposition of new national security laws on Hong Kong,...
Germany’s Bosch to begin restarting operations in Mexico
German automotive supplier Bosch on Monday said it has received government approval in Mexico to restart operations, which had been suspended since late March due...
Billionaire Icahn exits Hertz with ‘significant’ loss after bankruptcy filing
Billionaire investor Carl Icahn, who was the largest shareholder in Hertz Global Holdings Inc, unloaded his entire stake in the rental car company at a...
Oil drops on worse than feared rise in U.S. fuel stocks
Oil prices fell in early trade on Thursday after U.S. crude, gasoline and heating oil inventories all rose more than expected, dousing hopes of a...
Asian stocks gain on economic hopes, Hong Kong remains a risk
Asian shares and U.S. stock futures rose on Thursday as growing optimism about economic recovery from the coronavirus pandemic trumped immediate concerns about a standoff...
U.S. senators weigh additional sanctions on Russia’s Nord Stream 2
Two U.S. senators said on Wednesday they could draft further sanctions on Russia’s Nord Stream 2 natural gas pipeline if Moscow finishes laying pipes for...
Nissan to set out survival plan after expected annual loss
Nissan Motor Co will unveil its plan to become a smaller, more cost-efficient automaker on Thursday as it looks to recover from four years of...
Trump to sign executive order on social media on Thursday: White House
U.S. President Donald Trump will sign an executive order on social media companies on Thursday, White House officials said after Trump threatened to shut down...
Wall Street rises with economic hopes; bank stocks jump
U.S. stocks rose on Wednesday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns...
Carl Icahn exits Hertz with ‘significant’ loss
Billionaire investor Carl Icahn said on Wednesday he had sold his entire equity position in Hertz Global Holdings Inc at a “significant loss”, days after...