Venezuela congress to weigh 2020 PDVSA bond payment next week
Fri, 19 Apr 2019 12:27:56 -0400
Venezuela's opposition-controlled National Assembly expects to vote on making a $71 million bond interest payment when it meets next week,…
Will the Benettons use Alitalia to fly in from the cold?
Fri, 19 Apr 2019 12:05:16 -0400
Italian transport group Atlantia could join a rescue of loss-making flag carrier Alitalia to try to win favor with the…
SEC fines Prosper Funding $3 million for overstating net returns to investors
Fri, 19 Apr 2019 11:31:07 -0400
The Securities and Exchange Commission on Friday said Silicon Valley-based Prosper Funding LLC will pay a $3 million penalty for…
U.S. homebuilding near two-year low; permits extend decline
Fri, 19 Apr 2019 11:29:29 -0400
U.S. homebuilding dropped to a near two-year low in March, pulled down by persistent weakness in the single-family unit segment,…
Return of the bench seat: Concept EVs show space big enough for sofas
Fri, 19 Apr 2019 09:35:51 -0400
Electric vehicle (EV) concepts shown in Shanghai this week, such as the Audi AI:me and Infiniti QX Inspiration, point to…
Fiat Chrysler recalls 320,000 Dart cars that could roll away
Fri, 19 Apr 2019 09:25:56 -0400
Fiat Chrysler Automobiles NV said Friday it is recalling more than 320,000 Dodge Dart compact cars in North America that…
China will keep supporting economy as 'pressure' lingers: politburo
Fri, 19 Apr 2019 07:23:02 -0400
China will maintain policy support for the economy, which still faces "downward pressure" and difficulties after better-than-expected first quarter growth,…
Nissan slams output cut report as 'completely incorrect'
Fri, 19 Apr 2019 07:00:04 -0400
Nissan Motor Co Ltd said on Friday a report by the Nikkei that it would slash production this year was…
Qualcomm's joint venture with Chinese province to shut down: The Information
Fri, 19 Apr 2019 06:23:49 -0400
A joint venture between U.S. smartphone chipmaker Qualcomm Inc and China's Guizhou province will shut down by the end of…
U.S. refiners planning major plant overhauls in second quarter
Fri, 19 Apr 2019 06:18:09 -0400
U.S. oil refiners are planning a heavy slate of plant overhauls in the second quarter, with total production this month…
Carlos Ghosn to be indicted on additional charge as early as Monday: NHK
Fri, 19 Apr 2019 04:55:36 -0400
Tokyo prosecutors are likely to indict former Nissan Motor Co Ltd Chairman Carlos Ghosn on an additional charge of aggravated…
Foxconn says it remains committed to Wisconsin investment project
Fri, 19 Apr 2019 04:11:12 -0400
Taiwan's Foxconn said on Friday it remains committed to its contract to build a display plant and tech research facilities…
Despite headwind, Japan's Nomura says intent on going it alone
Fri, 19 Apr 2019 03:06:46 -0400
Japan's Nomura Holdings has no plan to follow the lead of Wall Street rivals and seek a tie-up with a…
HNA denies embezzlement claims as it fights for control of Hong Kong Airlines
Thu, 18 Apr 2019 23:47:57 -0400
Embattled Chinese conglomerate HNA Group has denied accusations of embezzlement and financial irregularity made by a rival group of shareholders…
Tesla's Elon Musk, SEC get another week to work out deal on Twitter use
Thu, 18 Apr 2019 22:15:18 -0400
Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission will get another week to settle a…
Exclusive: New York Fed cracks down on Puerto Rico banks following Venezuela sanctions
Thu, 18 Apr 2019 22:13:09 -0400
U.S. sanctions on Venezuela have led the New York Federal Reserve to crack down on Puerto Rico's $50 billion offshore…
National Enquirer to be sold to owner of magazine distributor
Thu, 18 Apr 2019 22:11:16 -0400
American Media Inc (AMI) said on Thursday it was selling its National Enquirer tabloid to James Cohen, whose family owns…
Oil prices inch up on signs of tighter global supply
Thu, 18 Apr 2019 21:51:08 -0400
Oil futures edged up on Thursday as a drop in crude exports from OPEC's de facto leader, Saudi Arabia, and…
Uber's self-driving unit valued at $7.25 billion in new investment
Thu, 18 Apr 2019 21:49:23 -0400
Uber's autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corp, giving the company…
Exclusive: Venezuela skirts U.S. sanctions by funneling oil sales via Russia
Thu, 18 Apr 2019 21:25:06 -0400
President Nicolas Maduro is funneling cashflow from Venezuelan oil sales through Russian state energy giant Rosneft as he seeks to…