Commerzbank managers keeping staff in dark on overhaul, union says
Commerzbank managers are keeping employees in the dark about the German lender’s overhaul plans, a union representative said on Wednesday.
Plentiful supplies to hamper molybdenum’s price rally
Bargain hunters have helped molybdenum recover after prices crashed to two-year lows, but ample supplies of the metal used to make stainless steel mean further significant gains for now are unlikely, analysts say.
Oil steadies above $64 as trade hopes offset U.S. inventories
Oil steadied above $64 a barrel on Wednesday as an industry report showing a surprise boost in U.S. crude inventories was offset by optimism about a U.S.-China trade deal being agreed soon.
BAT says U.S vaping slowdown will curb growth of e-cig business
World No.2 tobacco maker British American Tobacco said on Wednesday a slowdown in the U.S. vaping market would lead to lower revenue growth in its vaping arm even as it gained market share in its traditional cigarettes business.
H&M-backed startup puts bacteria to work in green dyeing process
A British biotech startup is developing a method of textile dyeing that taps into the bright colors of birds and butterflies and has micro-organisms recreate them on fabric, slashing the use of water and heavy chemicals in the process.
Oil steadies as trade optimism counterweighs U.S. stockpile build
Oil steadied above $64 a barrel on Wednesday as an industry report showing a surprise boost in U.S. crude inventories was offset by optimism about a U.S.-China trade deal being agreed.
Norwegian Air to end routes from Sweden, Denmark to U.S., Thailand
Budget airline Norwegian Air is ending flights from Copenhagen and Stockholm to the United States and Thailand due to weak demand and technical problems affecting the engines on its Boeing 787 Dreamliners, it said on Wednesday.
Further to run for global stocks, but trade salve needed: Reuters poll
The global stock market rally has further to run in 2020, according to analysts, brokers and strategists polled by Reuters, but much depends on U.S. and Chinese officials making real progress in stopping a disruptive trade war.
Abu Dhabi, Kuwait sovereign funds plan investment in Aramco IPO: sources
The sovereign wealth funds of Abu Dhabi and Kuwait plan to invest in the initial public offering (IPO) of Saudi Aramco, which is relying mainly on Saudi and Gulf investors to raise up to $25.6 billion, sources familiar with the matter said.
Nestle to use Nutri-Score nutrition-labeling in Europe
Nestle will give its food products ratings according to their nutritional value, the packaged food company said, so customers can better decide the healthiness of their shopping.
