Oil up on OPEC output cuts and as sanctions against Venezuela, Iran bite
Oil prices rose on Tuesday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, although analysts expect surging U.S. output and concerns over economic growth to keep markets in check.
Renault: Ghosn remains director of Renault, Bollore chairman of Renault-Nissan
Carlos Ghosn remains a director of Renault SA even though he has resigned as chairman and chief executive and Thierry Bollore is now chairman of the Renault-Nissan BV holding company, Renault said on Tuesday.
Exclusive: Russia expects to recover far less from ‘bad bank’ assets – sources
Russia will dramatically cut its estimate of the sum it expects to recover from a “bad bank” set up after the collapse of three major lenders, according to three sources familiar with new calculations being prepared for the central bank.
Few tears shed by French workers after Macron’s Alstom dream is blocked
After four decades on the production line at French trainmaker Alstom, Claude Gemino had little sympathy for Emmanuel Macron when Brussels scotched the French president’s hopes of creating a European rail champion.
Exclusive: Walmart, Google-backed Deliv end online grocery partnership
Walmart Inc and logistics firm Deliv pulled the plug on a key same-day grocery delivery partnership, dealing a setback in the retailer’s race against rival Amazon.com Inc to deliver groceries to customers’ homes.
Stocks buoyed by deal to avert U.S. government shutdown
Asian shares gained on Tuesday as investors hoped a new round of U.S.-China trade talks would help to resolve a dispute that has dented global growth and some corporate earnings.
Renault’s Senard to meet Nissan CEO Saikawa in Japan this week: Nissan
Renault’s chairman will meet Nissan Motor’s CEO this week in Japan as they look at ways to cement their partnership after the ouster of former alliance leader Carlos Ghosn, the Japanese automaker said on Tuesday.
Pentagon to review certification of Elon Musk’s SpaceX launch vehicles
The Pentagon will evaluate the certification for Elon Musk’s SpaceX launch vehicles to determine whether the U.S. Air Force complied with certain guidelines, according to a memo https://media.defense.gov/2019/Feb/11/2002088764/-1/-1/1/D2019-D000PT-0059…
Venture capital firm uses AI to seek out start-ups across Europe
A London-based venture capital firm that uses artificial intelligence to find promising start-ups across Europe said on Tuesday it had raised 53 million euros (£46.6 million) for its biggest fund to date.
Asian stocks edge up, U.S. futures rise on hope for no U.S. govt. shutdown
Asian shares edged up on Tuesday as investors hoped a new round of U.S.-China trade talks would help to resolve a dispute that’s dented global growth and some corporate earnings.
