Iran has sold more than 13 million barrels of oil that it had long held on tankers at sea, capitalizing on an OPEC output cut deal from which it is exempted to regain market s ..
WASHINGTON, Jan 6 (Reuters) - - The U.S. trade deficit widened for a second straight month in November as imports rose to their highest level in more than a year on higher oil ..
Oil prices edged higher on Friday as output cuts by OPEC members met with lingering concern that other producers could try to shirk their share of planned decreases aimed at c ..
Airbus (AIR.PA) reached a target for at least 50 deliveries of its A350 wide-body jetliner in 2016, two industry sources said on Friday. Widely watched deliveries of the newes ..
Chinese telecom equipment maker ZTE , which is facing U.S. trade sanctions that could severely disrupt its supply chain, is slashing about 3,000 jobs, including a fifth of pos ..
U.S. and UK equity indexes holding near record highs, a brighter earnings outlook and rising forecasts for economic growth have all spurred talk of the "January effect,&q ..
Siemens chief Joe Kaeser said on Friday he does not expect the German engineering group to come under pressure from U.S. President-elect Donald Trump. Kaeser made the comments ..
World stocks held near 1-1/2 year highs and the dollar moved up from a three-week low on Friday, with investors looking to upcoming U.S. jobs data to provide clues on the pace ..
Global automakers reported a surge in China sales last year as consumers rushed to take advantage of a tax cut on small-engine cars, but cautioned 2017 would be tougher for th ..
A South Korean court on Friday sentenced an executive of Volkswagen's (VOWG_p.DE) local unit to one year and six months in prison for fabricating documents on emissions a ..