Oil drops on oversupply, equities sell-off
Oil prices fell on Tuesday after reports of swelling inventories and forecasts of record U.S. and Russian output combined with a sharp sell-off in stock markets as the outlook for global growth deteriorated.
Volkswagen may have to step up electric car plans to meet EU CO2 targets
Volkswagen may have to step up its plans for mass production of electric vehicles in order to meet tougher-than-expected European targets to cut greenhouse emissions from cars, its chief executive said on Tuesday.
Wall Street set to bounce from sell-off, Fed in focus
Wall Street was set to open higher on Tuesday, after a 2-percent fall in the prior session, boosted by some strong earnings and a bounce in certain bellwether stocks as investors wait for clues on the Federal Reserve’s path for future rate hikes.
Trump pressures Fed before meeting, warns against ‘another mistake’
U.S. President Donald Trump on Tuesday further sought to pressure the Federal Reserve as the central bank prepared to start its two-day policy meeting, warning the Fed’s board not to “make yet another mistake” ahead of an expected interest rate hike.
Futures climb heading into Fed meeting
U.S. stock index futures climbed on Tuesday, following a rocky start to the week, as investors focus on a two-day meeting where the Federal Reserve is expected to raise interest rates for the fourth time this year and signal the path of future rate hik…
Growth fears grip world markets ahead of Fed meeting
World stock markets, the U.S. dollar and oil prices tumbled on Tuesday as fears about a slowing global economy gripped investors, just as the U.S. Federal Reserve looks set this week to deliver its fourth interest rate hike of the year.
Kroger starts use of unmanned vehicles for delivery in Arizona
U.S. supermarket chain Kroger Co said on Tuesday it has started using unmanned autonomous vehicles to deliver groceries Scottsdale, Arizona in partnership with Silicon Valley startup Nuro.
Renault-Nissan leaders to meet amid alliance crisis
The head of Nissan and acting CEO of Renault will hold talks during a two day meeting of their carmaking partnership starting on Tuesday, sources said, amid a crisis in relations sparked by the arrest of long-time alliance supremo Carlos Ghosn.
Twitter tumbles on concerns about hacking activity
Twitter Inc shares fell almost 7 percent on Monday after the company said it was investigating unusual traffic that might be from state-sponsored hackers and, in what appeared to be an unrelated issue, a security firm said hackers used the platform to…
Huawei to spend $2 billion over five years in cybersecurity push
(This version of the December 18th story corrects chairman’s last name to Hu in 11th, 14th and last paragraphs)
