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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,…
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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…
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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…
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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,…
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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…
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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…
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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,…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…