Oil dives as U.S., Iran tensions ease and on U.S. crude build
Oil futures fell more than 4% on Wednesday in a wild swing, soaring close to a four-month high in early trade on an Iranian rocket attack on U.S. forces in Iraq before retreating as the countries quickly ratcheted back tensions.
Seeking justice: the legal risks facing fugitive Carlos Ghosn
Carlos Ghosn said on Wednesday he was the victim of a conspiracy to oust him from the helm of automaker Nissan and escaped from Japan because he could not defend himself against baseless charges of financial misconduct.
Ghosn: Seeds of Renault-Nissan crisis were sown by Macron’s move
Ex-Nissan boss Carlos Ghosn said on Wednesday that a surprise corporate move, orchestrated five years ago by French President Emmanuel Macron who was then economy minister, soured relations between Renault and Nissan and contributed to his ouster.
Takata recalls 10 million U.S. replacement air bag inflators
Takata is recalling 10 million replacement air bag inflators in the United States, the largest ever auto safety recall in history, as U.S. regulators consider whether to make it even wider.
McDonald’s expands Beyond Meat plant-based burger trials in Canada
McDonald’s Corp said on Wednesday it will expand its trial in Canada of vegan burgers made by Beyond Meat as the world’s biggest fast food chain tests the viability of a broader rollout.
Lyft and Chase to offer credit card ride-hailing rewards
Lyft Inc on Wednesday said it has teamed up with JPMorgan Chase & Co to offer extended rewards to Chase customers using their credit cards to pay for Lyft rides.
Would consider traveling to France with guarantees: Ghosn
Former Nissan boss Carlos Ghosn, asked in a French television interview if he would be willing to face trial in France, says he would maybe travel if he knew he would not face problems at the border.
Saudi Aramco shares hit new low on U.S.-Iran tensions; debt markets steady
Saudi Aramco shares hit a new low on Wednesday after Iran launched missiles against U.S. bases in Iraq, but Gulf debt markets were stable as some had feared stronger action in retaliation for the killing of an Iranian military commander.
Crisis-hardened markets have learned to look past military flare-ups
Iran’s missile attack on U.S. army bases in Iraq overnight sent gold blasting above $1,600 an ounce, boosted the Japanese yen by almost 1% and oil by $3 a barrel.
U.S. lawmaker seeks ban on intelligence sharing with countries that use Huawei
U.S. Senator Tom Cotton on Wednesday introduced a bill that would prevent the United States from sharing intelligence with countries that allow Chinese telecoms giant Huawei Technologies to operate 5G network technology within their borders, according …
