U.S. commercial crude oil stocks probably dipped last week, while distillate and gasoline stocks likely edged higher, a preliminary Reuters survey showed on Monday.
Jubilant North Koreans celebrate the success of what Pyongyang says is the nation’s first test of a hydrogen bomb. The Hermit Kingdom has been conducting tests with nuclear weapons for the past 10 years, but global pressure and sanctions have not had any halting effect on...
The development of a network of on-demand autonomous vehicles will combine GM’s advancing autonomous technology and Lyft’s platform of ride-sharing services.
The uninhabited islands are in the East China Sea, 330 km from China’s coast, 170 km northwest of the Japanese island of Ishigaki and a similar distance north of Taiwan.
General Motors Company [NYSE:GM] today announced it is entering a long-term strategic alliance with Uber-rival Lyft to create an on-demand ride-sharing service that will rely on a fleet of autonomous cars.
The Japanese yen, considered a safe-haven currency, traded slightly lower against the dollar from the previous session, with the dollar-yen pair at 118.57. Stocks plunged further after trading resumed 15 minutes later, triggering the daylong trading freeze.
The CSI300 index dipped 7 percent in afternoon trade Monday, resulting in trade being suspended for the day. Escalating tensions in the Middle East pushed up the price of oil, analysts said.
Severe floods in the Midwest during the previous week forced several companies to shutdown oil pipelines in and out of Cushing (located in PADD 2), which can help explain the large build in stocks there and lower utilization rates at Midwest refineries. That’s because a...
In doing so, it made a growing sectarian problem in the region even worse; goaded Iranian hard-liners into storming the Saudi Embassy in Tehran; and severed diplomatic ties with Iran – all while refusing for the past two-and-a-half years to meet directly with Iran to...
Hong Kong’s leader said Monday that he was “highly concerned” about the recent disappearances of people associated with a publishing company in the city that specializes in titles critical of mainland China’s leadership.
After eliminating the effects of price fluctuations, which generates the numbers used to calculate gross domestic product, the trade deficit narrowed to US$59.6 billion in November from US$61 billion the previous month.
The report is based on data collected from ADP clients in addition to lagged government data. Manufacturing, despite the worsening conditions, added a net 2,000 positions, according to the report. The good jobs news had no market effect, however. The latter number is used to...