Asia shares pause near high ground, oil jumps on Libya shutdown
Asian shares held near a 20-month top on Monday even as investors took some money off the table following a strong run recently, while oil jumped to more than a one-week high after two large crude production bases in Libya began shutting down.
Subaru sets mid-2030s target to sell only electric vehicles worldwide
Japan’s Subaru Corp set a target on Monday for all the vehicles it sells worldwide to be electric by the first half of the 2030s, in a move toward its long-term goal of a carbon-free society.
Subaru plans to electrify all vehicles sold worldwide by first half of 2030s
Japan’s Subaru Corp on Monday said it plans to electrify all its vehicles sold globally by the first half of the 2030s as part of its long-term goal to achieve a carbon-free society.
Oil jumps to highest in more than a week after Libyan shutdowns
Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, setting the stage for crude flows from the OPEC member to be cut to a trickle.
Samsung appoints new mobile chief as Huawei chips away at market share
Samsung Electronics Co Ltd on Monday named its youngest president as its new smartphone chief as the firm seeks to defend its lead in the handset market from rising challenges from rivals such as Huawei Technologies Co Ltd.
Asia shares camp on high ground, oil jumps on Libya shutdown
Asian shares neared a 20-month top on Monday as Wall Street extended its run of record peaks on solid U.S. economic data and lashes of liquidity from the Federal Reserve.
Oil surges as Libyan pipeline shutdown cripples output
Oil prices jumped on Monday after two large crude production bases in Libya began shutting down amid a military blockade, setting the stage for crude flows from the OPEC member to be cut to a trickle.
Samsung Electronics appoints new mobile chief
Samsung Electronics, the world’s top smartphone maker, said on Monday that it has named President Roh Tae-moon as its new mobile chief as part of a management shake-up.
Guoxuan says in talks with Volkswagen, hasn’t reached binding agreement
Guoxuan High-Tech Co Ltd is in talks with Volkswagen AG for potential strategic cooperation in technology, product, and capital, the Chinese battery maker wrote in a company filing on Monday.
Asia shares camp on high ground, oil up on Libya shutdown
Asian shares neared a 20-month top on Monday as Wall Street extended its run of record peaks on solid U.S. economic data and lashes of liquidity from the Federal Reserve.
