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Oil prices fall as supply risk premium fades, demand outlook drags

Brent crude futures fell 32 cents, or 0.5%, from the previous session's close to $62.42 a barrel by 0131 GMT.

Oil prices, WTI crude futures, Saudi Arabia, global economic growth, oil demand, Saudi Arabian oil facilities News

Global markets: Asian shares on track for weekly loss amid mounting US political uncertainties

U.S. S&P500 futures lost 0.08% in early Asian trading after the index lost 0.24% on Thursday.

Global markets, Asian shares, Donald Trump, Sino-US trade war, MSCI, Nikkei, Asia-Pacific shares, Japan News

Khashoggi murder ‘happened under my watch,’ says Saudi Crown Prince

The death sparked a global uproar, tarnishing the crown prince's image and imperilling ambitious plans to diversify the economy of the world's top oil exporter and open up cloistered Saudi society.

Jamal Khashoggi, Jamal Khashoggi murder, Saudi Crown Prince, Trump administration, Istanbul, Khashoggi death, latest news on jamal khashogi News

Ford close to JV deal with Mahindra in India

Under the deal, Ford will transfer most of its automotive assets and employees in India to the new company, but the carmaker will retain an engine plant in Sanand in Gujarat, according to the two sources, who asked not to be

Car News

Jeff Bezos says Amazon working on facial recognition regulations

"Our public policy team is actually working on facial recognition regulations, and it makes a lot of sense to regulate that," Bezos told reporters at the company's annual Alexa devices launch in Seattle on Wednesday.

Jeff Bezos, Amazon CEO, Jeff Bezos, facial recognition, Alexa devices, facial recognition regulations, cloud computing unit  News

Donald Trump moves to bar senior Iranian officials from US

"Given that this behavior threatens peace and stability in the Middle East and beyond, I have determined that it is in the interest of the United States to take action to restrict and suspend the entry into the United States,

Donald Trump, Iranian officials, US, White House, Middle East, Hassan Rouhani, terrorism News

US, Japan sign limited trade deal, leaving autos for future talks

U.S. Trade Representative Robert Lighthizer said after a signing ceremony between the two leaders on the sidelines of the United Nations General Assembly that the two countries would tackle cars in a later round of negotiatio

US Japan trade deal, Shinzo Abe, US car duties, Japanese car imports, US trade deal, US china trade war News

Gold gains ground on bargain hunting, strong dollar caps gains

Spot gold was up 0.3% at $1,508.61 per ounce, as of 0126 GMT.

Gold prices, US gold futures, Spot gold, Donald Trump, US china trade deal, Asian trade, Asian stocks News

Oil prices hold steady as Donald Trump touts sooner-than-expected trade deal

Brent crude futures were at $62.34 a barrel, down 5 cents, or 0.1%, from the previous close, by 0158 GMT.

Oil prices, Donald Trump, US china trade deal, WTI crude futures, Shinzo Abe, US products, Asian trade, US crude inventories News

Global markets: Asian stocks edge higher on hints of US-China trade progress

The renewed optimism over trade pushed market concerns about U.S. political risks into the background, a day after Democrat lawmakers said they will open an impeachment inquiry into President Donald Trump's dealings with his

Global markets, Asian stocks, US-China trade, MSCI, Asia-Pacific shares, Nikkei, Donald Trump, Sino-US talks News

Why Asia’s biggest economies are supporting hydrogen fuel cell cars

Critics argue FCVs may never amount to more than a niche technology. But proponents counter hydrogen is the cleanest energy source for autos available and that with time and more refuelling infrastructure, it will gain accept

Car News

Crude oil prices drops to lowest since Aramco attacks after Donald Trump scolds China

In a United Nations address, Trump accused China of unfair trade practices, including "massive" market barriers, currency manipulation and intellectual property theft.

Oil, Oil price, United states, Donald trump, china, Saudi Arabia, oil facilities, market news

Global stocks lower as Donald Trump impeachment talk swirls; sterling gains after Brexit ruling

The call came after Trump confirmed he held back aid to Ukraine but denied it was done to provoke an investigation of Democratic political rival Joe Biden, the former vice president.

Stocks, Stock market, Donald Trump, impeachment talk, trump impeachment talk, Uk parliament, market news

Google wins landmark case limiting ‘right to be forgotten’ to Europe

The right to be forgotten was enshrined by the same European court in 2014 when it ruled that people could ask search engines like Google to remove inadequate or irrelevant information from web results appearing under searche

Google, promote original reporting, algorithm, change, industry news,  News

Oil slips as focus shifts from Saudi supply to global demand concerns

Reuters reported that Saudi Arabia has restored more than 75% of crude output lost after the attacks on its facilities and will return to full volumes by early next week.

Commodities News

Stocks inch up on trade hopes but growth fears temper gains

Oil prices dipped slightly but were still supported by doubts on whether Saudi Arabia would be able to restore full output as it has promised after the Sept. 14 attacks on its facilities.

Markets News

Oil eases as global demand concerns return, overshadowing Saudi supply doubts

The poll was conducted ahead of key reports from the American Petroleum Institute, an industry group, to be released on Tuesday and from the Energy Information Administration on Wednesday.

Commodities News

Air India disinvestment on fast track; govt aims to sell BPCL, Container Corp too by March 2020

"The PMO is very clear that we cannot be selling government companies to another government company and then call it privatisation," the official said.

Air India, Air India disinvestment, BPCL, Container Corp, Bharat Petroleum Corp Ltd , industry news

Global markets: Asian shares gain on better Sino-US trade tone, oil climbs

South Korea's Kospi was a touch weaker after disappointing trade data, while Japan's Nikkei was closed for a holiday.

Global markets, Asian shares, Sino-US trade, Middle East tensions, Sino-US tariff deal,MSCI, Asia-Pacific shares, Japan Nikkei News

वित्तीय घाटा लक्ष्य में फिलहाल कोई संशोधन नहीं, सरकारी खर्च में भी नहीं होगी कटौती: वित्त मंत्री सीतारमण

अर्थव्यवस्था में आई सुस्ती से निपटने के लिए बीते दिनों कॉरपोरेट टैक्स में कटौती के बा

No plans to revise fiscal deficit target at this time: Nirmala Sitharaman News

Nirmala Sitharaman says no plans to revise fiscal deficit target, cut spending currently

Sitharaman also said the government would decide on additional market borrowings for the second half of 2019/20 later.

Economy News

After Howdy Modi, PM Modi and Donald Trump could sign trade deal – Details here

A narrow deal would be a positive first step and leave thorny issues aside such as the new e-commerce rules, said Roger Murry, deputy director of the Alliance for Fair Trade with India, a group of U.S. trade associations.

Economy News

Apple iPhone11 launched in China, lukewarm response at stores

The queues at the Shanghai and Beijing stores, which combined added up to few dozen customers, were in sharp contrast to previous years.

iPhone News

As chance of Donald Trump, Hassan Rouhani meeting at UN fades, talk turns to Security Council

As the world waits to see what happens next and Washington and U.N. Secretary-General Antonio Guterres suggested the U.N. Security Council has a role to play following Saturday's attacks, some attention has turned to when and

Donald Trump, Hassan Rouhani, United Nations, UN Security Council, New York, Saudi oil facilities, Antonio Guterres, UN sanctions on Iran News

Israel’s Netanyahu clings to power as coalition talks loom

Palestinian President Mahmoud Abbas appeared to see Israel's coalition drama as an opportunity for his government in the occupied West Bank to announce election plans.

World News

Donald Trump says US has sanctioned Iran’s central bank

US Treasury Secretary Steven Mnuchin said the bank was Tehran's last source of funds.

US President Donald Trump, donald trump News

MS Dhoni must retire before being pushed out: Sunil Gavaskar

Former captain Dhoni has been the subject of intense speculation among fans, ex-players and pundits over when he will retire from international cricket.

MS Dhoni, MS Dhoni retirement, sunil gavaskar News