Category (4 columns)
DUBAI/MOSCOW (Reuters) - OPEC and its allies are likely to extend existing oil output cuts when they meet next month until mid-2020, with non-OPEC oil producer Russia supporting Saudi Arabia’s push for stable oil prices amid the listing of state oil giant Saudi Aramco.
LONDON (Reuters) - Stocks slid further on Thursday as the standoff between the world’s two largest economies expanded beyond trade, reducing the odds of a “phase-one” deal this year and forcing investors to shed risky assets.
WASHINGTON (Reuters) - The Trump administration will miss its target of holding the first-ever oil drilling lease sale in Alaska’s Arctic National Wildlife Refuge this year due to delays in the environmental review process, Interior Secretary David Bernhardt told Reuters.
(Reuters) - Tesla Inc Chief Executive Elon Musk has talked for years about building an electric pickup truck that would threaten the heart of the Detroit automakers’ profits, and on Thursday he will finally take the wraps off the so-called cyberpunk truck.
FRANKFURT/PARIS (Reuters) - Sanofi (SASY.PA) is considering a joint venture or outright sale among options for its consumer healthcare unit, sources told Reuters, as the French drugmaker prepares to present a new strategic plan next month.
GUANGZHOU, China/SHANGHAI (Reuters) - Daimler (DAIGn.DE) plans to sell luxury Maybach brand’s first sport-utility vehicle, its China chief executive, Hubertus Troska, said on Thursday, joining other luxury brands that offer SUV models to attract customers from China and the United States.
(Reuters) - U.S. President Donald Trump said on Thursday he had asked Apple Inc (AAPL.O) Chief Executive Officer Tim Cook to look into helping develop telecommunications infrastructure for 5G wireless networks in the United States.
BERLIN (Reuters) - Strong German exports to the United States helped Europe’s largest economy to avoid a recession in the third quarter, data showed on Thursday, as companies benefited from a weaker euro and trade diversion linked to the U.S.
DUBAI (Reuters) - The institutional tranche of Saudi Aramco’s initial public offering (IPO) has received more than 64 billion riyals ($17.1 billion) in orders, Saudi-owned news channel Al-Arabiya said on Thursday, citing a banking source.
TURIN/PARIS (Reuters) - Fiat Chrysler (FCA) on Thursday brushed off a shock lawsuit from General Motors (GM) and said it was confident of reaching a binding merger deal with Peugeot owner PSA Group by the end of this year to create the world’s fourth largest carmaker.
(Reuters) - Macy’s Inc (M.N) cut its annual profit forecast for the second time this year on Thursday, as the department store operator blamed weak international tourism and sluggish mall traffic for the first drop in same-store sales in two years.