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OPEC set for a collision course over production policy ahead of landmark meeting June 20, 2018
OPEC kingpin Saudi Arabia is struggling to convince some of the world's largest oil producers over the need to increase oil output ahead of a key meeting on Friday.
Pope criticizes Trump's policy of separating immigrant children from parents at the Mexican border June 20, 2018
Pope Francis has criticized the Trump administration's policy of separating migrant families at the Mexican border, saying populism is not the answer to the world's immigration problems.
Germany will offer to scrap the EU's 10% tax on US autos: Report June 20, 2018
German auto makers are proposing an end to the European Union's 10 percent import tax on U.S.-made cars, the Wall Street Journal reported Wednesday.
Hopes are rising of a breakthrough in one of Africa's longest conflicts June 20, 2018
Eritrea is sending a delegation to Addis Ababa to understand the position of new Ethiopian Prime Minister Abiy Ahmed.
Bitcoin is 'not for me' but it's too 'arrogant' to say it won't have a future, Goldman Sachs CEO says June 20, 2018
Lloyd Blankfein said he does not own bitcoin.
Porsche acquires stake in tech and electric sports car business Rimac Automobili June 20, 2018
The Zagreb-based business develops manufactures "electric super sports cars."
How Jamie Dimon, Indra Nooyi and other top CEOs turned adversity into an advantage June 20, 2018
Adversity can become your advantage if you choose to persevere and learn from the challenges you face.
High oil prices are a massive headache for India as economy gets 'pinched' June 20, 2018
India is the world's third-largest oil consumer, and sources about 86 percent of its crude oil and 75 percent of its natural gas from OPEC countries.
Billionaire Koch brothers unveil first ads from multimillion-dollar campaign against Trump's tariffs June 20, 2018
The first phase of the ad campaign will air on TV and radio ads starting in June.
'Oil is not a weapon': Iran's energy minister urges OPEC to condemn President Trump June 20, 2018
President Donald Trump's attempt to politicize the oil market should be castigated by OPEC, according to Iran's energy minister.
The ‘crypto sculpture’ and how hyped things have become June 20, 2018
Ridiculous stunts in the cryptocurrency industry are undermining the companies trying to create something long-lasting.
Asian economies have a lot to lose in a US-China trade war June 20, 2018
If tariffs by Trump result in falling Chinese exports to the U.S., there will be knock-on effects for the rest of Asia.
Forget Amazon and Apple, smaller companies are the real disruptors, says top media exec June 20, 2018
It's been a year since Amazon bought Whole Foods in a $13.7 billion deal that sent tremors through the grocery industry.
CEO explains why his Australian company just announced 8,000 job cuts June 20, 2018
Telstra's CEO Andrew Penn explains the rationale for the changes announced today.
White House says China's 'economic aggression' is a global threat June 20, 2018
The Trump administration ratcheted up its criticism of China in an extensive report released by the White House on Tuesday.
Asian shares rise as markets rebound from recent declines, but trade fears linger June 20, 2018
Asian stocks closed higher after markets tumbled on investor jitters over U.S.-China trade tensions in the last session.
The inspiration for tech titan Jack Ma's Alibaba was an unlikely politician June 20, 2018
Jack Ma may be seen as an e-commerce visionary, but he was first inspired to build his empire by another Asian icon.
Microsoft's Nadella: Trump administration policy separating children from families is 'abhorrent' June 20, 2018
In his email to employees, Nadella also clarified Microsoft's work with the U.S. Immigration and Customs Enforcement.
Youngest migrants held in US 'tender age' shelters June 20, 2018
U.S. officials have been sending forcibly separated children to at least three "tender age" shelters in South Texas.
A major cryptocurrency exchange says it was hacked and $30 million in coins was stolen June 20, 2018
Bithumb said on Twitter it was temporarily suspending deposit and withdrawal services, following the security breach.

Latecomer Sanofi looks to catch next wave of cancer therapies June 20, 2018
PARIS (Reuters) - Sanofi missed the boat on immune system-boosting cancer drugs. Now it's trying to catch up.
ZTE's Hong Kong shares rise after clarification of U.S. bill impact June 20, 2018
HONG KONG (Reuters) - Shares of China's ZTE Corp rose as much as 18 percent in Hong Kong on Wednesday as the impact of a U.S. Senate bill that threatens to restore penalties on the company became clearer.
Fox to craft script for M&A summer blockbuster June 20, 2018
(Reuters) - Twenty-First Century Fox Inc's board is set to decide on Wednesday whether to entertain Comcast Corp's $65 billion cash bid for the New York-based media company or stick with its roughly $52 billion all-stock offer from Walt Disney Co , people familiar with the matter said.
U.S. shale producers warn Chinese tariffs would hit energy exports June 20, 2018
HOUSTON (Reuters) - China's proposed tariffs on U.S. petroleum imports, part of a mounting trade war between the two countries, would crimp sales to the shale industry's largest customer, adding new pressure on U.S. crude prices, energy executives and analysts said in interviews this week.
Dow-ned but not out: Expulsion no body blow for GE shareholders June 20, 2018
(Reuters) - General Electric Co's expulsion from the elite Dow Jones Industrial Average may be a bitter pill to swallow for shareholders, but it could be little more than a publicity blow for investors in the 126-year-old struggling U.S. conglomerate.
China stocks extend slump, temper Asian bounce as trade war anxiety grows June 20, 2018
SHANGHAI (Reuters) - China's stock markets slumped on Wednesday, extending a rout from the previous day as the prospect of a full-blown Sino-U.S. trade war put a dampener on the rest of Asian equities, even as they managed a modest bounce.
Asia business sentiment slips from seven-year high on trade worries: Thomson Reuters/INSEAD June 20, 2018
KUALA LUMPUR (Reuters) - Business confidence among Asian companies slipped for the first time in three quarters, on mounting worries that U.S. President Donald Trump's protectionist policies would trigger tit-for-tat reprisals and undermine the global trading system.
Chinese paper says Trump administration has 'blood lust' over trade June 20, 2018
BEIJING (Reuters) - The Trump administration has "blood lust" when it comes to pushing its trade agenda against China and wants to "suck the lifeblood" from the Chinese economy, an official state-run newspaper said on Wednesday, stepping up the rhetoric.
Silicon Valley-style coding boot camp seeks to reset Japan Inc June 20, 2018
TOKYO (Reuters) - Barely six months after inaugurating a tiny software-coding boot camp in a basement in Tokyo, Silicon Valley transplant Kani Munidasa stood before some of Japan's top business leaders in February with a warning: software was threatening their future.
FedEx profit tops Wall Street estimates amid trade war worries June 19, 2018
LOS ANGELES/NEW YORK (Reuters) - FedEx Corp reported fourth-quarter profit that beat Wall Street estimates on Tuesday, as revenues and operating margins increased in each of the company's operating units.