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Latest News

Oil prices were around 2019 highs on Wednesday, propped up by supply cuts led by producer club OPEC and by U.S. sanctions on Iran and Venezuela.\n \n
Nissan Motor Co Ltd\'s independent committee on governance is expected to recommend against the company having the same chairman as Renault SA, the Financial Times reported on Wednesday, citing people with knowledge of the discussions.\n \n
Asian stocks advanced to 4-1/2-month highs on Wednesday as investors bet that Chinese and U.S. trade negotiators would be able to secure a deal to de-escalate their year-long tariff war.\n \n
The Tokyo Stock Exchange\'s push to weed out small and weak firms from its main board could take years, but some fund managers are already ditching small-caps for fear they could be excluded from benchmarks.\n \n
A top Southwest Airlines Co executive said the low-cost carrier would investigate why the number of aircraft unable to fly due to mechanical issues had doubled in recent days, causing flight delays and cancellations.\n \n
The United States should respect China\'s right to develop and become prosperous, the Chinese government\'s top diplomat told a visiting U.S. delegation, reiterating that the country\'s doors to the outside world would open wider.\n \n
Qualcomm Inc is urging U.S. trade regulators to reverse a judge\'s ruling and ban the import of some Apple Inc iPhones in a long-running patent fight between the two companies.\n \n
South Korean prosecutors on Wednesday raided the office of Hyundai Motor Co\'s quality division in southern Seoul as part of a probe into how the automaker and affiliate Kia Motors Corp handled vehicle recalls over engine defects, online media Chosun Biz reported.\n \n
Elon Musk\'s Tesla Inc is preparing to launch its leasing products for Model 3 to boost demand, news website Electrek said on Tuesday, citing an email sent to employees.\n \n
The U.S. Federal Trade Commission has given Germany\'s Fresenius Medical Care AG and U.S. home dialysis equipment maker NxStage Medical Inc antitrust approval for their merger, the agency said on Tuesday.\n \n

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