MELBOURNE (Reuters) – Oil prices climbed on Monday, backed by Saudi optimism over Asian demand and an Iraqi commitment to deepen cuts in supply, despite uncertainty over a deal to curb US economic recovery gains. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian …
Read More »Oil rises 1% in response to Saudi Aramco’s upbeat demand, Iraq’s supply cut
MELBOURNE (Reuters) – Oil prices climbed on Monday, backed by Saudi optimism over Asian demand and an Iraqi commitment to deepen cuts in supply, despite uncertainty over a deal to curb US economic recovery gains. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian …
Read More »Asian equities calm as Sino-American tensions warm
SYDNEY / HONG KONG (Reuters) – Asian stocks held tight on Monday as concerns about rising tensions between the United States and China rose on sentiment, though signs of a recovery in industrial activity in the world’s second largest economy limited losses. PHILO PHOTO: A pedestrian wearing a face mask …
Read More »Asian equities calm as Sino-American tensions warm
SYDNEY / HONG KONG (Reuters) – Asian stocks held tight on Monday as concerns about rising tensions between the United States and China rose on sentiment, though signs of a recovery in industrial activity in the world’s second largest economy limited losses. PHILO PHOTO: A pedestrian wearing a face mask …
Read More »Fueled by Volvo, China’s Geely seeks startup to enter auto giant track
TAIZHOU, China / SHANGHAI (Reuters) – Chinese carmaker Geely plans to use a platform developed with input from Volvo to build new models in Malaysia for its partly owned Proton brand, a strategy that shows how it aims to accelerate its push to become China’s first global auto giant. Workers …
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