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Aluminium producer Hydro hit by cyber attack, shuts some plants
Mar 19, 2019
OSLO — Norsk Hydro, one of the world's largest producers of aluminium, was battling on Tuesday to contain a cyber attack which hit parts of its production, sending its shares lower.The company shut several metal extrusion plants, which transform aluminium ingots into components for carmakers, builders and other industries, while its giant smelters ...
Oil producers to decide in June on extending cuts
Mar 18, 2019
BAKU — Major oil producers led by Saudi Arabia agreed on Monday to keep working toget ...
Traders say 80 businesses hit in ‘yellow vest’ rampage
Mar 17, 2019
PARIS — Workers began cleaning up the Champs Elysees in Paris on Sunday after rioters ...
China’s premier ready to use more policy tools to help economy
Mar 16, 2019
BEIJING — The Chinese government has additional monetary policy measures that it can take to support economic growth this year, and will eve ...
Facebook struggles into day 2 of global outage
Mar 14, 2019
The BBC and a handful of other media outlets said it was the platform's longest ever outage. ...
Norwegian Air to seek compensation from Boeing for MAX groundings
Mar 13, 2019
OSLO — Norwegian Air said on Wednesday it will seek compensation from plane maker Boeing for costs and lost revenue after grounding its flee ...
Europeans join wave of Boeing suspensions, Trump frets
Mar 12, 2019
ADDIS ABABA/PARIS — Major European nations Britain, Germany and France joined a wave of suspensions of Boeing 737 MAX aircraft on Tuesday as ...
Saudi Arabia to cut oil exports in April — Saudi official
Mar 11, 2019
DUBAI — Saudi Arabia plans to cut its crude oil exports in April to below 7 million barrels per day (bpd), while keeping its output well bel ...
China will not devalue renminbi to spur exports — central bank chief
Mar 10, 2019
BEIJING — China has gone to great lengths to support its currency and would not devalue the renminbi to spur exports or combat trade frictio ...
Tourism industry fears 'no-deal' Brexit will cost it billions
Mar 09, 2019
BERLIN — Travel specialists say the overseas tourism industry could lose billions over the next five years if Britain crashes out of the Eur ...
Sterling hits one-week low on Brexit deadlock
Mar 07, 2019
LONDON — Sterling fell to a one-week low on Thursday after British and European Union sources said Brexit negotiations had hit an impasse.No ...
US trade deficit surges to 10-year high in 2018
Mar 06, 2019
WASHINGTON — The skyrocketing US trade deficit last year hit the highest level in a decade, despite President Donald Trump’s global trade of ...
Cathay in talks to buy shares in budget Hong Kong rival
Mar 05, 2019
HONG KONG — Cathay Pacific confirmed on Tuesday it is in talks to buy a stake in Hong Kong's sole low-cost airline, as it competes to counte ...

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