Oil slips as investors reassess Mideast risks
Oil prices on Tuesday surrendered some of the gains of recent days as investors reconsidered the likelihood of immediate supply disruptions in the Middle East after the United States killed a top Iranian military commander.
A Saudi family feud, a decade-long debt saga and a court’s $14 billion decision
Saudi Arabia’s largest and longest debt saga, fueled by a feud that has split one of its richest families, could be nearing a resolution after a court approved about $14 billion in claims related to the collapse of two business empires a decade ago.
South Korea’s LG Display to end domestic production of LCD TV panels by end of 2020
South Korean panel maker LG Display Co Ltd will halt domestic production of liquid-crystal display (LCD) TV panels by the end of this year, its chief executive said on Monday, due to dropping LCD prices and a global supply glut.
Factbox: Boeing’s 737 MAX compensation deals with airlines
American Airlines is the latest airline to reach a settlement with Boeing Co regarding the grounding of the Boeing 737 MAX airliner.
Ferrari joins European auto lobby ACEA four years after spin-off
Italian luxury carmaker Ferrari has become the latest manufacturer to join the European carmakers’ association (ACEA), the auto lobby said on Tuesday.
Facebook defies China headwinds with new ad sales push
Facebook Inc is setting up a new engineering team in Singapore to focus on its lucrative China advertising business, according to three people familiar with the effort, even as chief executive Mark Zuckerberg ramps up criticism of a country that block…
Japan issues arrest warrant for Ghosn’s wife, looks for ways to bring him back
Tokyo prosecutors on Tuesday issued an arrest warrant for Carlos Ghosn’s wife Carole for allegedly lying in testimony, as officials sought ways to bring the fugitive car industry boss back for trial on financial misconduct charges.
Nissan bolsters taskforce to prepare for Ghosn broadsides: sources
Nissan Motor Co has strengthened a taskforce of senior officials ahead of an expected onslaught of criticism from former chairman Carlos Ghosn following his dramatic escape from house arrest in Japan, three sources familiar with the matter told Reuters…
Stripteasing Musk launches Tesla SUV program at new China factory
Elon Musk showed off striptease moves at the launch of Tesla’s Model Y electric sports utility vehicle program at its new Shanghai factory on Tuesday, where the company delivered its first cars built outside the United States to the public.
Arrest warrant for Ghosn’s wife ‘pathetic’, spokeswoman says
A decision by Japanese prosecutors to issue an arrest warrant for Carlos Ghosn’s wife shortly before the fugitive car boss was due to speak publicly about his case was “pathetic”, a spokeswoman for Ghosn told Reuters on Tuesday.
