Asian shares aim for second week of gains amid virus scare
Asian shares inched higher on Friday, on course to post the second straight week of gains, helped by hopes governments will make provisions to soften the impact on their economies from the coronavirus epidemic.
Samsung Electronics says its board chairman offers to resign
Samsung Electronics said on Friday that Lee Sang-hoon, the chairman of its board, had offered to resign, without elaborating on a reason.
Portuguese communities lock horns with lithium miners to save their land
The lush, green hills where Paulo Pires has for years brought sheep to graze above his picturesque Portuguese village may soon be transformed by the race to power electric vehicles.
Hedge funds test Swiss tolerance with franc gambit
Hedge funds betting that the Swiss franc will climb further against the euro will soon meet their match, according to investors who are taking the other side of the trade.
Australia investigator met other regulators before Citi, Deutsche charges
An Australian investigator who helped bring criminal cartel charges against Citigroup Inc and Deutsche Bank AG told a court he met agents from another regulator in a cafe to discuss the matter but the talks were “high level” only.
Oil prices stabilize, set for weekly gain on hopes for supply cut
Oil prices edged higher Friday, on track for their first weekly gain in six weeks, backed by expectations that major producers will implement deeper output cuts to offset slowing demand in China caused by the coronavirus epidemic.
Asian shares tick up, aim for second week of gains amid virus scare
Asian shares edged up on Friday, on course to post the second straight week of gains, helped by hopes governments will make provisions to soften the impact on their economies from the coronavirus epidemic.
Tesla to recall 3,183 Model X vehicles in China: market regulator
Tesla Inc will recall 3,183 Model X vehicles in China, because of a potential issue that could make steering harder and increase the risk of a crash, according to the country’s market regulator.
Woodside holds on to stake in Senegal oil field as FAR challenge fails
ConocoPhillips’ sale of a stake in a $4.2 billion Senegal oil and gas project to Woodside Petroleum has been cleared by an international tribunal, resolving a long-running challenge by Australian partner FAR Ltd .
Oil prices steady but set for weekly gain on supply cut optimism
Oil prices were steady on Friday but are set for their first weekly gain in six weeks on the assumption major producers will implement deeper output cuts to offset slowing demand in China, the world’s second-largest crude user.
