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Oil prices rise on likelihood of ongoing OPEC+ supply cuts

Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia were likely to keep withholding supplies, and in relief that the United States and Mexico averted a trade war that would have damaged the global economy.



4 years ago

Nissan CEO: If differences of opinion with Renault, then would like to discuss - Jiji

If Nissan Motor Co and its top shareholder Renault SA have differences of opinion, then those should be discussed, Jiji news agency quoted Nissan's chief executive as saying on Monday.



4 years ago

U.S. stock futures, Asian shares gain as Mexico tariffs averted

U.S. stock futures and Asian shares rose on Monday after the United States dropped its threat to impose tariffs on Mexico in a deal to combat illegal migration from Central America, while weak U.S. jobs data raised hopes for U.S. interest rate cuts.



4 years ago

White House seeks delay on Huawei ban for contractors

The White House Office of Management and Budget has asked the U.S. Congress for more time to phase in a ban on federal contracts with companies that do business with Chinese telecom giant Huawei, part of a defense law passed last year.



4 years ago

United Technologies, Raytheon to create $120 billion aerospace and defense giant

United Technologies Corp agreed on Sunday to combine its aerospace business with U.S. contractor Raytheon Co and create a new company worth about $121 billion, in what would be the sector's biggest ever merger.



4 years ago

Exclusive: FCA-Renault revival may hinge on Nissan stake cut - sources

Fiat Chrysler Automobiles NV and Renault SA are looking for ways to resuscitate their collapsed merger plan and secure the approval of the French carmaker's alliance partner Nissan Motor Co Ltd , according to several sources close to the companies.



4 years ago

Nissan sees conflict of interest if Renault director joins reform teams: source

Nissan Motor Co believes that attempts by Renault SA to place one of its directors on Nissan's planned governance reform committees may lead to a conflict of interest, a source with knowledge of the issue told Reuters on Monday.



4 years ago

Air New Zealand drops ban on staff tattoos amid discrimination concerns

Air New Zealand said on Monday it was ending a longstanding ban on staff having visible tattoos after facing criticism that the policy discriminated against Māori employees.



4 years ago

Oil rises as Saudi sees OPEC, Russia restricting supplies for longer

Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia were likely to keep withholding supplies, and in relief as the United States withdrew its threat to impose import tariffs on Mexico, removing one cloud over the global economy.



4 years ago

Global stocks gain as Mexico tariffs averted, yuan falls to 2019 lows

U.S. stock futures and Asian shares rose on Monday after the United States dropped its threat to impose tariffs on Mexico in a deal to combat illegal migration from Central America, and as weak U.S. jobs data raised hopes for U.S. interest rate cuts.



4 years ago

Oil rises as Saudi sees producers sticking with ongoing supply cuts

Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia should keep supplies restricted at current levels, and in relief that the United States withdrew a tariff threat against Mexico, removing a cloud over the global economy.



4 years ago

China exports grow despite U.S. tariffs, but import slump most in nearly three years

China's exports unexpectedly returned to growth in May despite higher U.S. tariffs, but imports fell the most in nearly three years in a further sign of weak domestic demand that could prompt Beijing to step up stimulus measures.



4 years ago

Aurora partners with Fiat Chrysler over self-driving tech

Self-driving car software startup Aurora said on Sunday it would partner with Fiat Chrysler to build autonomous platforms for commercial vehicles, the latest collaboration with an automaker for the fast-growing Silicon Valley company.



4 years ago

Renault, Nissan spar over governance reforms as tie-up strains worsen: sources

Renault has signaled it will block alliance partner Nissan from adopting planned governance reforms unless it gets a seat on new board committees, sources said, a demand one person at the Japanese automaker derided as a potential conflict of interest.



4 years ago

Renault, Nissan spar over governance reforms as tie-up strains worsen

Renault has signaled it will block alliance partner Nissan from adopting planned governance reforms unless the French automaker gets more say in the new system, a demand which Nissan said was "most regrettable" and which one source derided as a potential conflict of interest.



4 years ago