Large carmakers including Volkswagen, FCA could face 2021 EU emissions fines: study
Volkswagen and FiatChrysler could face penalties of up to 1.83 billion euros ($2.08 billion) and 746 million euros respectively, if they fail to meet the European Union’s emissions targets set for 2021, according to AlixPartners.
Oil prices jump as U.S. crude stocks fall, Middle East worries add support
Oil prices rose more than 1% on Wednesday to their highest in nearly a month as industry data showed U.S. crude stockpiles fell more than expected, underpinning a market already buoyed by worries over a potential U.S.-Iran conflict.
Asia stocks retreat after Fed tempers aggressive rate cut expectations
Asian stocks retreated on Wednesday and the dollar inched up from three-month lows after Federal Reserve officials tempered expectations in the markets for aggressive monetary easing.
Apple buys self-driving car startup Drive.ai
Apple Inc on Tuesday confirmed that it has acquired self-driving shuttle firm Drive.ai.
Kinder Morgan wins Texas court challenge, removing obstacle to $2 billion gas pipeline
Kinder Morgan Inc can begin work on a $2 billion natural gas pipeline without having the Texas energy regulator approve its proposed route, a state judge ruled on Tuesday.
U.S. aims to restart China trade talks, will not accept conditions on tariff use
The United States hopes to re-launch trade talks with China after President Donald Trump and President Xi Jinping meet in Japan on Saturday, but Washington will not accept any conditions around the U.S. use of tariffs in the dispute, a senior administr…
Oil prices climb amid fall in U.S. stockpiles, Middle East worries
Oil prices rose over 1% on Wednesday to hit their highest in nearly a month as widely-watched data showed U.S. crude stockpiles fell more than expected, underpinning a market already buoyed by worries over potential U.S.-Iran conflict.
Asia stocks slip after Fed tempers aggressive rate cut expectations
Asian stocks slipped on Wednesday and the dollar pulled back from three-month lows after Federal Reserve officials tempered expectations in the markets for aggressive monetary easing.
FAA reassigns three in office overseeing Southwest Airlines: source
The Federal Aviation Administration has reassigned three managers in its office overseeing Southwest Airlines Co, a person briefed on the matter said on Tuesday.
U.S. hopes to re-launch China trade talks, will not accept conditions on tariffs
The United States hopes to re-launch trade talks with China after President Donald Trump and President Xi Jinping meet in Japan on Saturday but Washington will not accept any conditions on tariffs, a senior administration official said on Tuesday.
