Electric vehicle (EV) concepts shown in Shanghai this week, such as the Audi AI:me and Infiniti QX Inspiration, point to a future of living-room-like comfort in cars with flat floors and ample space for sofa-like bench seats.
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Fiat Chrysler Automobiles NV said Friday it is recalling more than 320,000 Dodge Dart compact cars in North America that could roll away because of a defective part that could allow the
U.S. homebuilding dropped to a near two-year low in March, pulled down by persistent weakness in the single-family housing segment
Holly Energy Partners, L.P. announced its 58th consecutive quarterly distribution increase.
Talks are underway at Kinder Morgan as the company wants to build a third natural gas pipeline serving the Permian Basin.
Oklahoma City’s Chesapeake Energy has declared a quarterly dividend and also announced it will release its financial results on May 8.
After Western sanctions gutted Russia’s financial system five years ago, a new bank card began appearing in the wallets of many Russians.
China will maintain policy support for the economy, which still faces “downward pressure” and difficulties after better-than-expected first quarter growth, the Communist Party’s top decision-making body said on Friday.
The nation’s oil and gas rig count has fallen below the mark a year ago according to figures released by Baker Hughes Co. of Houston. More rigs are in storage nationally and in Oklahoma.
Nissan Motor Co Ltd will cut global production by about 15 percent for the fiscal year ending March 2020 as the company shifts away from the aggressive expansion campaign promoted by former Chairman Carlos Ghosn, the Nikkei newspaper reported on Friday.
Tulsa’s ONEOK, Inc. has declared a quarterly dividend of nearly 87 cents a share.
Oklahoma City-based Chaparral Energy, Inc. plans to release its first quarter 2019 financial results on May 9.
A joint venture between U.S. smartphone chipmaker Qualcomm Inc and China’s Guizhou province will shut down by the end of the month, The Information reported on Friday, citing employees at the venture.
U.S. oil refiners are planning a heavy slate of plant overhauls in the second quarter, with total production this month off 8.5 percent compared with the start of the year, according to data from the U.S. Energy Information Administration.
Surrounded by 15-kg (33 lb) wheels of cheese ready to be carted away in horse-drawn carriages, a dairy farmer in the Dutch city of Gouda faces off against a cheese trader wearing traditional wooden clogs.
Tokyo prosecutors are likely to indict former Nissan Motor Co Ltd Chairman Carlos Ghosn on an additional charge of aggravated breach of trust as early as Monday when his current detention period expires, public broadcaster NHK reported on Friday.
Taiwan’s Foxconn said on Friday it remains committed to its contract to build a display plant and tech research facilities in Wisconsin, days after the U.S. state’s governor said he wanted to renegotiate the deal.
Japan’s Nomura Holdings has no plan to follow the lead of Wall Street rivals and seek a tie-up with a commercial lender, its chief executive told Reuters, pledging to stay independent even as the investment bank faces its first annual loss in a decade.
Embattled Chinese conglomerate HNA Group has denied accusations of embezzlement and financial irregularity made by a rival group of shareholders in Hong Kong Airlines (HKA) as the two sides fight for control of the struggling carrier.
Nintendo shares jumped 13 percent in early Tokyo trade on Friday, a day after China’s Tencent won a key approval to begin selling Nintendo’s Switch console in China, the world’s largest games market.
Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission are seeking more time from a federal court to settle a dispute over Musk’s use of Twitter, according to a court filing Thursday.
U.S. sanctions on Venezuela have led the New York Federal Reserve to crack down on Puerto Rico’s $50 billion offshore banking industry, according to four sources and a document seen by Reuters.
American Media Inc (AMI) is selling its tabloid the National Enquirer for $100 million to James Cohen, chief executive of Hudson News , the Washington Post reported on Thursday, citing people familiar with the agreement.
Oil prices edged down on Thursday despite a surprise decline in U.S. inventories, with international benchmark Brent retreating from a five-month high touched in the previous session.
Uber’s autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corp , giving the company a much-needed funding boost for its pricey self-driving ambitions on the eve of its public stock offering.
President Nicolas Maduro is funneling cashflow from Venezuelan oil sales through Russian state energy giant Rosneft as he seeks to evade U.S. sanctions designed to oust him from power, according to sources and documents reviewed by Reuters.
Permits to drill issued on April 18, 2019.
Completion reports filed on April 18, 2019.
Next week will go a long way in determining whether investors should be concerned about the dawning of an earnings recession or whether back-to-back quarters of negative growth can be avoided in what is the heaviest week for profit reporting by U.S. companies.
The United States won a World Trade Organization (WTO) ruling on Thursday against China’s use of tariff-rate quotas for imported rice, wheat and corn, which it successfully argued limited market access for U.S. grain exports.
Sears Holdings Corp sued longtime Chairman Eddie Lampert, his hedge fund ESL Investments, and former directors including Treasury Secretary Steven Mnuchin, accusing them of allowing the retailer to be looted of billions of dollars before its October 2018 bankruptcy.
The U.S. International Trade Commission estimated the proposed new North American free trade deal would modestly boost the U.S. economy but could reduce U.S. vehicle production.
Air Canada said on Thursday it was using the down time with its pilots who fly Boeing Co’s MAX planes to review various aircraft systems, alternative flight conditions on the aircraft type and maintain their qualifications.
Spain’s Repsol has suspended its swaps of refined products for crude with Venezuela’s state-run oil company PDVSA, people familiar with the matter said, as U.S. officials weigh penalties for foreign firms doing business with Venezuela.
U.S. stock index futures were muted on Thursday, as weak manufacturing data out of Europe underscored concerns of a global slowdown, while investors stayed on the sidelines ahead of the release of a long-awaited Mueller report.
One of President Donald Trump’s prospective Federal Reserve nominees, businessman Herman Cain, said on Thursday he was not withdrawing from consideration for the post, although his chances of winning the Senate’s needed approval appear dim.
Satellite operator Intelsat S.A. said on Thursday one of its satellites made by Boeing Co has failed due to an anomaly related to its propulsion system.
Shares of online scrapbook company Pinterest Inc surged 25 percent in their debut on Thursday, giving it a market capitalization of $15.8 billion and signalling increased investor appetite for new tech listings.
The initial earnings results of this reporting period are beating expectations by a wide margin, suggesting to some investors that the S&P 500 may be able to avoid a so-called “profit recession” this year because predicted economic bad news has failed to materialize.
Asian shares were subdued on Thursday after a negative performance on Wall Street, with caution ahead of business surveys in Europe and Japan, and the Good Friday and Easter holidays keeping investors on the sidelines.
Union Pacific Corp on Thursday reported a 6.2 percent rise in quarterly profit, as the U.S. railroad raised prices, helping offset the impact of severe winter weather and record flooding that damaged rails in the Midwest.
General Motors Co’s top executive, Mary Barra, received a compensation package worth just under $22 million in 2018, slightly less than the previous year, according to the No. 1 U.S. automaker’s proxy statement released on Thursday.
U.S. lawmakers and economists are awaiting a key analysis of the economic impacts of the new North American trade deal, expected to be published late on Thursday and to show minimal gains at best for the United States.
Demand for electric vehicles remains low in the U.S. market, but industry executives at the New York auto show this week said they are pushing ahead with billions of dollars in investments even while preaching patience.
Valoptec International which represents employees and former employees of Ray Ban maker EssilorLuxottica has proposed the appointment of an additional independent director to the group’s board in a bid to resolve governance issues.
U.S. retail sales increased by the most in 1-1/2 years in March as households boosted purchases of motor vehicles and a range of other goods
Samsung’s new Galaxy Fold, a splashy $1,980 phone that opens into a tablet, is malfunctioning for some journalist reviewers after only a day or two of use, according to posts on social media on Wednesday.
An attempt by French sugar group Tereos to spread risk on a 250 million euro ($281 million) loan secured earlier this year has failed to attract bidders, leaving three main creditor banks with exposure, sources familiar with the matter said.
The Trump administration on Thursday estimated that its new North American trade deal will create 76,000 automotive sector jobs within five years as automakers invest some $34 billion in new plants to comply with the pact’s new regional content rules.
Video conferencing company Zoom Video Communications opened at $65 per share on Thursday, 80.6 percent above its initial public offering price, in its debut on the Nasdaq.
Germany’s economy ministry wants to extend subsidies for new electric cars until the end of 2020 in an effort to increase sales, draft guidelines seen by Reuters on Thursday showed.
The European Commission’s push to implement a Wi-Fi standard for connected cars has won the support of lawmakers in a victory for Germany’s Volkswagen, although competitor BMW and other backers of a rival technology still hope to overturn the decision.