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PARIS: Renault Group will invest more than €10 billion ($11 billion) in France over the next five years in electric vehicles and more affordable cars, Chief Executive François Provost said on…
PARIS: The International Energy Agency said Saturday that member countries had so far released 325 million barrels of oil and oil-derivative products from strategic reserves, from 400 million…
LONDON: Copper prices edged higher on Friday, supported by a weaker dollar and supply issues, but gains were modest due to worries about high oil prices hitting demand.
The Securities and Exchange Commission of Pakistan (SECP) has sought public comments on a proposed accreditation framework for official liquidators, provisional managers and insolvency experts.
Australian shares rose on Friday, recovering from a more than three-month low hit in the previous session as banks, energy stocks and easing bond yields lifted the benchmark, although it remained on…
SYDNEY: The Australian and New Zealand dollars were pinned around multi-month lows on Friday as the greenback extended its bull run through major chart levels, while bonds found some relief from a…
SINGAPORE: Copper recovered from some of the previous days’ losses on Friday , supported by supply concerns, but earlier declines still set it up to notch its worst weekly fall since April.
Amazon is seeking to offload about $8 billion of advanced Nvidia chips to investors through a new vehicle to strengthen its balance sheet, the Financial Times reported on Friday, citing people…
HONG KONG: Hong Kong stocks dropped on the first trading day of October, as the 10-year US Treasury yield hitting a more-than-two-decade high and rising oil prices dampened investor appetite for…
JAKARTA: Malaysian palm oil futures were on course for a second straight weekly fall on Friday, with prices declining for a sixth straight session to their lowest in 13 weeks, on weak export data…
SYDNEY: Asian shares fell on Friday as investors grappled with wild swings in bond and currency markets ahead of key US jobs data, while a widening military buildup in the Gulf kept oil prices…
Gold prices fell on Friday and were on track for a second straight weekly decline, pressured by a firmer US dollar and elevated Treasury yields, while investors awaited key US payrolls data for…
SINGAPORE: The US dollar headed for its third straight week of gains on Friday , perched at a 17-month high as a bond market rout pushed borrowing costs across the globe to multi-decade peaks in…
Lucky Motor Corporation (LMC) announced on Thursday the official launch of the all-new Kia Stonic 1.0L Turbo and opened bookings for the compact crossover from October 1.
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