UAE official: Saudi Aramco attacks are a dangerous escalation
Attacks on oil plants in Saudi Arabia are a dangerous escalation and the international community should stand by Riyadh and ensure regional stability, a senior United Arab Emirates official said on Tuesday.
Japan’s Abe says he will meet Iran’s Rouhani this month in New York: NHK
Japanese Prime Minister Shinzo Abe said on Tuesday he would meet with Iranian President Hassan Rouhani at the end of the month, as regional tensions rise in the Middle East after the weekend attacks on Saudi oil facilities, public broadcaster NHK said….
Divided Fed set to cut interest rates this week, but then what?
Deep disagreements within the Federal Reserve over the economic outlook and how the U.S. central bank should respond will not stop policymakers from cutting interest rates at a two-day meeting that began on Tuesday.
Oil falls but prices still elevated after attacks on Saudi facilities
Oil fell more than 1% on Tuesday as the market hung on tenterhooks over the threat of a military response to attacks on Saudi Arabian crude oil facilities that cut the kingdom’s output in half and sent prices soaring by the most in decades.
Trump says U.S. reaches trade deals with Japan, no word on cars
U.S. President Donald Trump said on Monday Washington had struck trade agreements with Tokyo that could be implemented without congressional approval, but stopped short of assuring Japan that new tariffs would not be slapped on vital auto exports.
LG Display seeks job cuts amid mounting financial losses
South Korea’s LG Display Co Ltd on Tuesday announced a voluntary redundancy program for its domestic production line employees amid mounting financial losses.
WeWork parent says IPO still on despite setbacks
WeWork owner The We Company said on Monday it expected to complete its initial public offering (IPO) by the end of the year, after walking away from preparations earlier in the day to proceed with its stock market debut this month.
Currency provision won’t be in Japan-U.S. trade deal: Aso
Japanese finance minister Taro Aso said on Tuesday that a currency provision won’t be included in a Japan-U.S. bilateral trade deal that the two countries are aiming to conclude by the end of this month.
Japan seeks to confirm no additional tariffs on auto exports to U.S.: Motegi
Japan plans to reconfirm in the final stage of trade talks with the United States that Washington will not impose additional tariffs on Japanese vehicles and auto parts, Foreign Minister Toshimitsu Motegi said on Tuesday.
What’s next for OxyContin maker Purdue Pharma
OxyContin maker Purdue Pharma LP filed for bankruptcy protection after reaching a partial deal to resolve more than 2,600 lawsuits alleging it helped fuel the U.S. opioid crisis.
