Brent crude inches up, U.S. oil falls on weak economic data
U.S. benchmark crude prices fell on weak economic indicators on Friday while Brent oil ticked higher, supported by tensions over Iran and this week’s decision by OPEC and its allies to extend a supply cut deal until next year.
Renault-Nissan unsure whether will publish cost-saving figures: sources
Renault-Nissan has not decided whether to publish figures on cost savings and other synergies achieved by the alliance over the last year, as has been its custom, two sources close to Renault said, amid growing tension in the partnership.
‘Safe like China’: In Argentina, ZTE finds eager buyer for surveillance tech
In Argentina’s remote northern province of Jujuy, Chinese telecoms giant ZTE is installing a little slice of the Asian nation’s vast surveillance state – security cameras that the local government says will help to curb street crime.
World stocks cling to gains, bonds hover ahead of U.S. payrolls
World stocks clung to their 17-month highs on Friday and bonds paused after this week’s rally ahead of U.S. jobs data, a gauge that could stoke or temper market expectations about aggressive policy easing by the Federal Reserve.
UK competition regulator puts brake on Amazon’s Deliveroo investment
Britain’s competition regulator has stepped in to pause Amazon’s investment in online food delivery group Deliveroo while it considers launching a full investigation.
Jaguar Land Rover to build electric cars at UK plant
Jaguar Land Rover is making a multi-million pound investment to build electric vehicles in Britain, in a major boost for the UK government and a sector hit by the slump in diesel sales and Brexit uncertainty.
GM’s China sales decline for fourth straight quarter amid economy woes
General Motors Co’s second-quarter vehicle sales in China fell 12.2%, as the U.S. automaker was hurt by a slowing economy amid the Sino-U.S. trade war and by heightened competition in its key mid-priced SUV segment.
Airbus deliveries climb in H1, sources say, leaving production challenge
Airbus deliveries rose about 28% in the first half to just under 390 aircraft, putting the planemaker on course to beat crisis-hit Boeing in 2019 but handing it a record production task in the second half, industry sources said.
Oil set for weekly loss on weak economic data
Crude oil prices fell on Friday on weak economic indicators from the United States and Germany, shrugging off tensions around Iran and this week’s decision by OPEC and its allies to extend a supply cut deal until next year.
Jaguar to make multi-million pound electric car investment in UK plant
Britain’s biggest carmaker Jaguar Land Rover is making a multi-million pound investment to build electric vehicles in its home market, in a major boost to a sector hit by a slump in diesel sales and Brexit uncertainty.
