Oil pares losses with vaccine hopes offsetting OPEC+ uncertainty
Oil bounced off session lows as OPEC kicked off its meeting with a message urging near-term caution as members discuss whether to delay an output…
Nikola tumbles after plans scrapped with GM
General Motors Co. scaled back a partnership with clean-energy trucking startup Nikola Corp., scrapping a tentative deal to jointly build an electric pickup truck and…
France says EU could agree trade deal with UK in next few days
France is hoping for negotiators from the European Union and the U.K. to take the leap required to seal a trade deal within days, according…
US to add China’s SMIC, CNOOC to blacklist, Reuters says
The Trump administration is poised to add chipmaker SMIC and offshore oil-and-gas explorer CNOOC to a list of firms blocked from American investment due to…
Biden Invited to NATO summit ‘early next year’, Stoltenberg says
The North Atlantic Treaty Organization plans a summit in Brussels “early next year” after U.S. President-elect Joe Biden takes office, according to the alliance’s chief.
Treasury Wine retreats from China after crippling 169% tariffs
Treasury Wine Estates Ltd. unveiled an emergency plan to find new markets for its best-known labels after China imposed crippling anti-dumping duties of 169% on…
Canada tweaks aid plan for dairy farmers hurt by trade pacts
The Canadian government has narrowed its timeline to release the remaining C$1.4 billion ($1.1 billion) of federal aid to supply-managed dairy farmers by about five…
Turkey makes overtures to EU concerns amid threat of sanctions
Turkey pulled an energy exploration ship from the eastern Mediterranean and emphasized its respect for non-Muslim minorities, in overtures to European leaders who’ll be pondering…
FCC maintains ban on mobile phone voice calls during flights
The U.S. Federal Communications Commission killed a proposal to allow in-flight voice calls via mobile phones, ending its examination of an idea that evoked fears…
Apple suppliers’ exodus from China won’t slow down under Biden
The splintering of the global tech supply chain that began during President Donald Trump’s watch looks set to persist under his successor.
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