Daimler climbs on bullish outlook for truck unit set for spinoff
Daimler AG’s sprawling truck division sketched out plans to turn its unrivaled global scale into better financial results ahead of its spinoff from Mercedes-Benz luxury…
China has bought 37% of next year’s corn imports just from U.S.
China has tapped the U.S. for more than a third of next season’s expected corn imports, accelerating its pace of buying from the world’s top…
CP Rail declines to boost offer, urges K.C. Southern to drop CN
Canadian Pacific Railway Ltd. declined to increase its offer for Kansas City Southern and urged the U.S. railroad instead to reject Canadian National Railway Co.’s…
Iran says world powers accept sanctions should end; crude falls
Iran’s President Hassan Rouhani said world powers have accepted that major sanctions on his country -- including those affecting oil, banking and shipping -- will…
Lufthansa freezes hybrid bond payment coupons to follow EU rules
State aid packages to help airlines stay afloat during the pandemic are causing pain months later for investors who’ve been told they won’t be collecting…
Waymo eyes raising up to $4 billion as leaders’ exits sow doubts
Waymo is talking to outside investors about raising as much as $4 billion in additional capital to fuel its self-driving efforts. And the company has…
US calls Effort to halt Nord Stream 2 pipeline a long shot
The Biden administration said stopping Nord Stream 2 is a long shot now that the gas pipeline from Russia to Germany is more than 90%…
Commodity boom propels Indonesia’s exports to a decade-high
Indonesia’s exports recorded their best performance in a decade on the back of higher commodity prices and resurgent demand from major trade partners like the…
Biden says US must defend sea lanes in Arctic, South China Sea
President Joe Biden said Wednesday that the U.S. must defend open and safe sea lanes in the Arctic and South China Sea as nations including…
Qantas turns corner to recovery with forecast of profit
Qantas Airways Ltd. is on the path to recovery from the coronavirus crisis thanks to a domestic holiday boom, with the airline forecasting an underlying…
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