Big Oil eyes US minority groups to build offshore drilling supportThe largest US oil and gas lobby group is seeking to convince Hispanic and black communities to support the Trump administration’s proposed expansion of offshore drilling, arguing it would create high...
Trump greets EU trade reprisals with threat of steep auto tariffPresident Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 percent tariff on all US imports of European Union-assembled cars. Trump posted his threat on Twitter t...
Harley says EU duties could prompt price hikesHarley-Davidson Inc could be forced to raise prices in Europe due to EU tariffs on US goods, hitting buyers of new motorcycle models when they are shipped to dealers later in the year, the head of its...
Wall Street Week Ahead: Supercharged telecom sector could become investor favouriteAn overhauled telecommunications sector featuring most of the so-called FANG stocks could debut as Wall Street’s hottest bet when it kicks off in September, boosted by a rising wave of media and telev...
Bitcoin falls to four-month low in persistent bearish trendBitcoin dropped to a more than four-month low on Friday, continuing a downtrend after more negative headlines such as Japan’s financial regulator ordering six digital currency exchanges to make improv...
China consumer prices seen stable in second half: state plannerChina’s consumer prices are likely to be stable in the second half of the year, the state planner said on Saturday, soothing concerns that have grown amid China’s escalating trade dispute with the Uni...
Argentina gets first $15bn from IMFArgentina on Friday received $15 billion, the first tranche of a $50 billion loan from the International Monetary Fund to help stabilize its fragile economy, the South American nation's central bank s...
VW may seek damages from ex-CEO Winterkorn over dieselgateVolkswagen is reviewing whether to seek damages from former Chief Executive Martin Winterkorn, who was at the helm when it emerged the carmaker had cheated on emissions tests, supervisory board member...