Cyclone shuts Sembcorp Salalah water production plant
DUBAI (Reuters) – Sembcorp Salalah Water and Power Co , which operates an electricity generation and seawater desalination plant in Oman, said its water production plant had been temporarily shut down because of rough seas as a result of a tropical sto…
Tencent chairman pledges to advance China chip industry after ZTE ‘wake-up’ call: reports
HONG KONG (Reuters) – Tencent Holdings chairman pledged to advance China’s semiconductor industry, saying the blow to ZTE Corp from Washington’s ban on U.S. firms supplying telecommunications company was a “wake-up” call, local media reported.
Daimler faces scrutiny of 120,000 Vito, C-Class diesels: BamS
FRANKFURT (Reuters) – Daimler faces an investigation of 40,000 diesel Vito vans and 80,000 C-Class model cars for possible illicit software that allowed the vehicles to emit excess pollution without detection, Bild am Sonntag reported, citing no sourc…
Oil output could return to October 2016 level, says Russia’s Novak
MOSCOW (Reuters) – A return to the oil production levels that were in place in October 2016, baseline for the current deal to cut output, is one of the options for easing curbs, Russia’s energy minister said on Saturday.
Return to pre-deal oil output levels possible, says Russia’s Novak
MOSCOW (Reuters) – A return to the oil production levels that were in place prior to the 2016 deal to cut output is one of the options for easing curbs, Russia’s energy minister said.
Miner Grupo Mexico blames freight train derailments on ‘sabotage’
MEXICO CITY (Reuters) – Mexican miner and infrastructure firm Grupo Mexico on Friday said in a statement that seven freight train derailments were due to “sabotage” and would cost the company 312 million pesos ($16 million).
Audi CEO says diesel crisis not over and vows to stay on: report
FRANKFURT (Reuters) – Audi Chief Executive Rupert Stadler said the diesel emissions affair was not over and promised to stay at the helm of the German luxury car maker, a German newspaper reported on Saturday.
Olympics: Sporting events put Japan businesses in the mood for love
TOKYO (Reuters) – As Japan gears up to host the Rugby World Cup and Olympic Games in consecutive years, many businesses are seizing on the opportunity to capitalize on the influx of tourists, media and athletes for both big events.
U.S. jury fails to reach verdict in latest J&J talc trial
NEW YORK (Reuters) – A South Carolina jury on Friday could not agree on a verdict in a case of a woman whose family said her long-term use of Johnson & Johnson’s Baby Powder led to her death from asbestos-related cancer, resulting in a mistrial.
U.S. reaches deal to keep China’s ZTE in business: congressional aide
WASHINGTON (Reuters) – The Trump administration told lawmakers the U.S. government has reached a deal to put Chinese telecommunications company ZTE Corp back in business after it pays a significant fine and makes management changes, a senior congressio…
