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China will keep supporting economy as "pressure" lingers: politburo

China will maintain policy support for the economy, which still faces "downward pressure" and difficulties after better-than-expected first quarter growth, the Communist Party's top decision-making body said on Friday......»»

Category: topSource: REUTERS41 min. ago Related News

U.S. refiners planning major plant overhauls in second quarter

U.S. oil refiners are planning a heavy slate of plant overhauls in the second quarter, with total production this month off 8.5 percent compared with the start of the year, according to data from the U.S. Energy Information Administration......»»

Category: topSource: REUTERS1 hr. 25 min. ago Related News

Return of the bench seat: Concept EVs show space big enough for sofas

Electric vehicle (EV) concepts shown in Shanghai this week, such as the Audi AI:me and Infiniti QX Inspiration, point to a future of living-room-like comfort in cars with flat floors and ample space for sofa-like bench seats......»»

Category: topSource: REUTERS1 hr. 25 min. ago Related News

Carlos Ghosn to be indicted on additional charge as early as Monday: NHK

Tokyo prosecutors are likely to indict former Nissan Motor Co Ltd Chairman Carlos Ghosn on an additional charge of aggravated breach of trust as early as Monday when his current detention period expires, public broadcaster NHK reported on Friday......»»

Category: topSource: REUTERS2 hr. 40 min. ago Related News

Despite headwind, Japan"s Nomura says intent on going it alone

Japan's Nomura Holdings has no plan to follow the lead of Wall Street rivals and seek a tie-up with a commercial lender, its chief executive told Reuters, pledging to stay independent even as the investment bank faces its first annual loss in a decade......»»

Category: topSource: REUTERS3 hr. 10 min. ago Related News

Nissan slams output cut report as "completely incorrect"

Nissan Motor Co Ltd said on Friday a report by the Nikkei that it would slash production this year was "completely incorrect" and that it had lodged a complaint with the business daily, in an unusually strong denial of a media report in Japan......»»

Category: topSource: REUTERS3 hr. 10 min. ago Related News

Foxconn says it remains committed to Wisconsin investment project

Taiwan's Foxconn said on Friday it remains committed to its contract to build a display plant and tech research facilities in Wisconsin, days after the U.S. state's governor said he wanted to renegotiate the deal......»»

Category: topSource: REUTERS3 hr. 10 min. ago Related News

Carlos Ghosn to be indicted on additional charge: NHK

Tokyo prosecutors are likely to indict former Nissan Motor Co Ltd boss Carlos Ghosn on an additional charge of aggravated breach of trust as early as Monday, when his current detention period expires, public broadcaster NHK reported on Friday......»»

Category: topSource: REUTERS3 hr. 10 min. ago Related News

Qualcomm"s joint venture with Chinese province to shut down: The Information

A joint venture between U.S. smartphone chipmaker Qualcomm Inc and China's Guizhou province will shut down by the end of the month, The Information reported on Friday, citing employees at the venture......»»

Category: topSource: REUTERS4 hr. 55 min. ago Related News

HNA denies embezzlement claims as it fights for control of Hong Kong Airlines

Embattled Chinese conglomerate HNA Group has denied accusations of embezzlement and financial irregularity made by a rival group of shareholders in Hong Kong Airlines (HKA) as the two sides fight for control of the struggling carrier......»»

Category: topSource: REUTERS7 hr. 10 min. ago Related News

Uber"s self-driving unit valued at $7.25 billion in new investment

Uber's autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corp, giving the company a much-needed funding boost for its pricey self-driving ambitions on the eve of its public stock offering......»»

Category: topSource: REUTERS9 hr. 25 min. ago Related News

Oil prices inch up on signs of tighter global supply

Oil futures edged up on Thursday as a drop in crude exports from OPEC's de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices......»»

Category: topSource: REUTERS9 hr. 25 min. ago Related News

Nissan to cut global production by 15 percent: Nikkei

Nissan Motor Co Ltd will cut global production by about 15 percent for the current fiscal year ending March 2020, as it shifts away from the aggressive expansion campaign promoted by former Chairman Carlos Ghosn, the Nikkei newspaper reported on Friday......»»

Category: topSource: REUTERS9 hr. 25 min. ago Related News

National Enquirer to be sold to owner of magazine distributor

American Media Inc (AMI) said on Thursday it was selling its National Enquirer tabloid to James Cohen, whose family owns a magazine distributor and used to own the Hudson chain of airport newsstands......»»

Category: topSource: REUTERS10 hr. 40 min. ago Related News

Uber lands $1 billion from SoftBank, Toyota for self-driving unit

Uber's autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corp , giving the company a much-needed funding boost for its pricey self-driving ambitions on the eve of its public stock offering......»»

Category: topSource: REUTERS10 hr. 40 min. ago Related News

Earnings deluge could make or break sentiment

Next.....»»

Category: topSource: REUTERS10 hr. 40 min. ago Related News

Potential Fed nominee Cain says not withdrawing from consideration

One of President Donald Trump's prospective Federal Reserve nominees, businessman Herman Cain, said on Thursday he was not withdrawing from consideration for the post, although his chances of winning the Senate's needed approval appear dim......»»

Category: topSource: REUTERS13 hr. 40 min. ago Related News

Exclusive: Spain"s Repsol suspended swap deal for Venezuelan oil under U.S. pressure

Spain's Repsol suspended its swaps of refining products for crude with Venezuela's state-run oil company PDVSA, people familiar with the matter said, as U.S. officials weighed penalties for foreign firms doing business with Venezuela......»»

Category: topSource: REUTERS13 hr. 40 min. ago Related News

Air Canada pilots reviewing aircraft systems on Boeing"s MAX jets

Air Canada said on Thursday its Boeing Co 737 MAX pilots were reviewing aircraft systems and alternative flight conditions for the grounded planes, and the carrier would decide on further training pending final recommendations from regulators......»»

Category: topSource: REUTERS13 hr. 40 min. ago Related News

Tesla"s Elon Musk, SEC get another week to work out deal on Twitter use

Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission will get another week to settle a dispute over Musk's use of Twitter, a federal judge ruled Thursday......»»

Category: topSource: REUTERS13 hr. 40 min. ago Related News