Oil prices rise, hit 2-month highs on supply worries
Oil prices rose on Thursday, with Brent crude touching its highest level in more than two months, supported by growing fuel demand and a draw in U.S. crude inventories as…
Senior manager of Russia’s Novatek arrested in U.S. on tax charges
Mark Gyetvay, a deputy head of Russian natural gas producer Novatek (NVTK.MM), has been arrested in the United States on tax charges related to $93 million hidden in offshore accounts,…
ExpressVPN employees complain about ex-spy’s top role at company
When a senior executive at virtual private network company ExpressVPN admitted to working on behalf of a foreign intelligence service to hack American machines last week, it stunned employees at…
Nike warns on holiday delays, cuts full-year sales estimate
Nike Inc (NKE.N) on Thursday cut its fiscal 2022 sales expectations and said it expects delays during the holiday shopping season, blaming a supply chain crunch that has left it…
San Francisco raises Tesla ‘self-driving’ safety concerns as public test nears
San Francisco transport authorities on Thursday raised concerns about the safety record of Tesla’s advanced driver assistant system, as the electric car maker prepared a wide release of a test…
Japan’s Sept manufacturing activity growth slows
Japan’s factory activity grew at the slowest pace in eight months in September as output and orders contracted, while that of the services sector remained in its downturn, underscoring the…
U.S. Commerce chief: more action to be taken on Huawei if needed
U.S. Commerce Secretary Gina Raimondo said on Thursday the Biden administration will take further action against Chinese telecoms firm Huawei (HWT.UL) if necessary, after some Republican lawmakers have pressed for…