China’s Alibaba to invest $100 million in Russian e-commerce JV
China’s Alibaba and Russia’s RDIF sovereign wealth fund will each invest $100 million in a Russian joint venture, RDIF said in a statement on Wednesday....
Exxon agrees to $1 million fine over 2011 Yellowstone River oil spill
Exxon Mobil Corp has agreed to pay a $1 million civil penalty to settle U.S. charges involving a 2011 pipeline rupture that spilled oil into...
Stocks, Treasuries climb on bets for U.S. rate cut
Major world stock markets edged higher and the U.S. Treasuries market resumed its recent rally on Wednesday as investors bet that the U.S. Federal Reserve...
Brazilian brewer Ambev signs $36 million deal to build solar plants
Ambev SA has signed contracts with four partners to build solar plants in Brazil that will supply clean energy to all of the brewing company’s...
Oil slumps 4% on U.S. inventory build, equity rally caps losses
Oil prices resumed their slide on Wednesday, with West Texas Intermediate crude futures (WTI) dropping more than 4% after U.S. crude inventories unexpectedly surged....
Ex-deputy appears in court on Parkland charges
Former school resource officer Scot Peterson made his first court appearance on Wednesday to face neglect charges stemming from his inaction during the 2018 Parkland...
Mexican president hopeful a deal with U.S. on tariffs can be reached
Mexican President Andres Manuel Lopez Obrador said he is “optimistic” that talks in Washington aimed at averting across-the-board tariffs on Mexican exports to the United...
White House adviser says tariffs on Mexican goods may not be needed
White House trade adviser Peter Navarro said on Wednesday a U.S. plan to impose tariffs on Mexican goods may not have to take effect, offering...
Nepal picks up four bodies, 11 tonnes of garbage in Everest clean-up
Nepali climbers have retrieved four bodies and collected some 11 tonnes of decades-old garbage from Mount Everest and its approach below the base camp as...
Republican, Democratic senators seek to block Trump Saudi arms sales
Republican and Democratic U.S. senators said on Wednesday they would introduce 22 separate joint resolutions seeking to block President Donald Trump’s plan to sidestep congressional...