Rare permit for Keystone oil pipeline in spotlight after spills
The massive Keystone pipeline has been transporting oil from Canada to the United States at a higher-than-standard level of pressure since it started operating in 2010, thanks to a special permit granted by U.S. regulators on the condition operator TC …
Asian shares eases from six-month highs on U.S.-China trade uncertainty
Asian stocks retreated from six-month highs on Friday on uncertainty over whether and when the United States and China will seal a deal marking a truce in their trade war that has slowed economic growth and roiled markets.
Volkswagen’s Shanghai EV plant with SAIC has started trial production: VW CEO
Trial production has started at Volkswagen AG’s (VW) and SAIC Motor Corp Ltd’s $2.5 billion electric vehicle (EV) factory in Shanghai, VW’s chief executive said on Friday, the latest development in the race to sell EVs in China.
Indonesia’s Lion Air finds cracks in two 737 NGs with fewer flights than FAA safety directive
Lion Air has found structural cracks in two Boeing Co 737 NG planes with fewer flights than a U.S. Federal Aviation Administration (FAA) threshold for checks, Indonesia’s aviation safety regulator said on Friday.
Volkswagen CEO says SAIC VW plant in Shanghai starts trial production
Volkswagen and SAIC Motor Corp’s $2.5 billion new energy vehicle plant in Shanghai has started trial production, Volkswagen’s CEO Herbert Diess said on Friday.
WhatsApp adds shopping catalog feature, courting e-commerce
Facebook Inc on Thursday launched a catalog feature for its WhatsApp messaging app, it said in a blog post, building out the service’s e-commerce tools as it moves slowly toward monetizing the app it bought in 2014 for $19 billion.
Citi, Deutsche get go-ahead to probe regulator witnesses in landmark cartel case
Citigroup Inc and Deutsche Bank AG may cross-examine four antitrust investigators involved in a criminal cartel prosecution against them, an Australian court ruled on Friday, a win for the defence in a closely watched legal battle.
Global stocks close in on record highs on U.S.-China trade deal hopes
World stocks rallied to near record highs on Friday after China said it had agreed with the United States to cancel tariffs in phases, a key demand of Beijing for sealing a deal to end a trade war that has slowed economic growth and roiled markets.
Trump nominates former Ford executive to be new U.S. energy secretary
The U.S. Department of Energy said on Thursday that President Donald Trump had formally nominated Deputy Energy Secretary Dan Brouillette, a former vice president of Ford Motor Co and Louisiana state energy regulator, to head the department.
U.S. ‘very, very optimistic’ about reaching a trade deal with China: White House
The United States is “very, very optimistic” about reaching a trade deal with China soon, White House spokeswoman Stephanie Grisham told Fox News Channel in an interview on Thursday.
