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Nissan warns UK plant 'unsustainable' without EU trade deal -BBC

Nissan's car manufacturing plant in Sunderland, northern England, which employs 7,000, is "unsustainable" if Britain leaves the European Union without a trade deal, it said on Wednesday.



5 years ago

Global shares hit three-month highs on economic recovery hopes

World shares hit three-month highs on Wednesday and the dollar fell for the sixth day running as easing lockdowns and hopes for more monetary stimulus gave investors confidence, despite civil unrest in the United States and rising COVID-19 tolls.



5 years ago

Exclusive: Huawei hid business operation in Iran after Reuters reported links to CFO

China's Huawei Technologies acted to cover up its relationship with a firm that had tried to sell prohibited U.S. computer gear to Iran, after Reuters in 2013 reported deep links between the firm and the telecom-equipment giant's chief financial officer, newly obtained internal Huawei documents show.



5 years ago

Oil tops $40 for 1st time since March on OPEC cuts, demand recovery

Oil rose on Wednesday, topping $40 a barrel for the first time since March, supported by lower U.S. inventories, expectations OPEC+ will keep oil output cuts in place and signs of demand recovery from the coronavirus crisis.



5 years ago

Stock futures buoyed by optimism over economic revival

U.S. stock index futures climbed on Wednesday, with Nasdaq futures inching closer to a record high as investors remained optimistic about an economic rebound from a coronavirus-led slump amid continuing social unrest.



5 years ago

Oil tops $40 on OPEC cuts and demand recovery

Oil climbed above $40 a barrel for the first time since March on Wednesday, supported by signs of recovery in coronavirus-hit demand, lower U.S. inventories and expectations that OPEC+ will keep oil output cuts in place.



5 years ago

Iberdrola to invest up to 4 billion euros in French renewable energy

Spanish utility Iberdrola said on Wednesday it will invest up to 4 billion euros ($4.5 billion) over the next four years in France to develop renewable energy.



5 years ago

Coty in talks to collaborate with Kim Kardashian for cosmetics line

Coty Inc is in talks with reality TV star Kim Kardashian West over a potential collaboration for a beauty line, the cosmetics maker disclosed in a regulatory filing on Wednesday.



5 years ago

Saudi, Russia reach deal on oil cuts, raising pressure on laggards

OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil production cuts by one month while raising pressure on countries with poor compliance to deepen their output cuts, OPEC+ sources told Reuters.



5 years ago

Lufthansa expects significantly larger loss in second quarter

Lufthansa expects a significantly larger loss in the second quarter of this year, the airline group's finance chief said on Wednesday.



5 years ago

Oil falls from $40 on doubts over early OPEC meeting

Oil fell after touching its highest since March at more than $40 a barrel on Wednesday, pressured by doubts that an early meeting of OPEC and its allies to extend existing output cuts will take place.



5 years ago

3M names General Electric exec Monish Patolawala as CFO

U.S. industrial conglomerate 3M Co on Wednesday appointed General Electric Co executive Monish Patolawala as the company's chief financial officer, effective July 1.



5 years ago

Here's how far hackers are willing to go to steal your stimulus check

Rip-off artists will stop at nothing to trick confused Americans out of their cash. Scammers created more than 145,000 fishy domain registrations using the term "stimulus check" during the first quarter, according to Bolster.

5 years ago

U.S. private payrolls fall less than expected in May

U.S. private payrolls fell less than expected in May, with employers laying off another 2.76 million workers.



5 years ago

Saudi, Russia reach deal on oil cuts, raising pressure for compliance

OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil output cuts by one month while raising pressure on countries with poor compliance to deepen their cuts, OPEC+ sources told Reuters.



5 years ago