Author: Reuters

Oil rose toward $67 a barrel on Wednesday, recouping some of the previous session’s slide, on the growing prospect of OPEC and allied producers cutting output at a meeting next month to prop up the...

Oil struggled to find a floor and stocks tumbled on Wednesday as disappointing German GDP figures heightened worries over slowing global growth, while the pound eased off peaks as Prime Minister Theresa May faced the hard task...

OPEC and its partners are discussing a proposal to cut oil output by up to 1.4 million barrels per day (bpd) for 2019, three sources familiar with the issue said, to avert an oversupply that would weaken...

German automaker Daimler AG said on Wednesday it plans to invest 1.1 billion yuan ($158.23 million) in a second research and development center in Beijing to help accelerate localization of Mercedes-Benz vehicle models in...

South Korea’s top financial regulator on Wednesday said it found Samsung BioLogics Co Ltd intentionally breached accounting rules in inflating the company’s value ahead of its 2016 stock exchange...