India an investment priority for Saudi Aramco: CEO
Saudi Aramco said on Wednesday that investing in India is a priority for the company, and it expects the country’s oil demand to rise to 8.2 million barrels per day by 2040.
Asia shares scale four-and-a-half month peak on hopes of U.S.-China trade deal
Asian stocks advanced to 4-1/2-month highs on Wednesday as investors bet that Chinese and U.S. trade negotiators would be able to secure a deal to de-escalate their year-long tariff war.
Microsoft expands political security service to 12 European countries
Microsoft Corp on Wednesday said it will offer its cyber security service AccountGuard to 12 new markets in Europe including Germany, France and Spain, to close security gaps and protect customers in political space from hacking.
India’s top court finds Anil Ambani guilty on contempt in Ericsson case
India’s Supreme Court said on Wednesday that Reliance Communications chairman Anil Ambani willfully did not pay 5.5 billion rupees to Swedish telecom equipment maker Ericsson, holding him guilty in a contempt of court case.
Oil slips away from 2019 highs as surging US supply undermines OPEC cuts
Oil prices slipped away from 2019 highs on Wednesday, with surging U.S. supply and slowing economic growth tempering upward pressure from supply cuts led by producer club OPEC and from Washington’s sanctions on Iran and Venezuela.
Lockheed unveils new F-21 fighter jet configured for India
Lockheed Martin offered India on Wednesday a new combat jet to be made locally, the F-21, in an attempt to win a large military order worth more than $15 billion.
Oil near 2019 highs amid OPEC cuts, U.S. sanctions
Oil prices were around 2019 highs on Wednesday, propped up by supply cuts led by producer club OPEC and by U.S. sanctions on Iran and Venezuela.
Nissan to oppose having same chair as Renault: FT
Nissan Motor Co Ltd’s independent committee on governance is expected to recommend against the company having the same chairman as Renault SA, the Financial Times reported on Wednesday, citing people with knowledge of the discussions.
Asia shares rally to four-and-a-half month peak on hopes of U.S.-China trade deal
Asian stocks advanced to 4-1/2-month highs on Wednesday as investors bet that Chinese and U.S. trade negotiators would be able to secure a deal to de-escalate their year-long tariff war.
Southwest vows investigation into grounded planes amid talks with mechanics
A top Southwest Airlines Co executive said the low-cost carrier would investigate why the number of aircraft unable to fly due to mechanical issues had doubled in recent days, causing flight delays and cancellations.
