PARIS The European Union will respond to any U.S. move to raise tariffs on cars made in the bloc, a senior European Commission official said, the latest comments in an escalating trade row.
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SAN FRANCISCO An overhauled telecommunications sector featuring most of the so-called FANG stocks could debut as Wall Street's hottest bet when it kicks off in September, boosted by a rising wave of media and television acquisitions.
VIENNA OPEC agreed on Friday on a modest increase in oil production from next month after its leader Saudi Arabia persuaded arch-rival Iran to cooperate, following calls from major consumers to curb rising fuel costs. | Video
MONTREAL Canadian workers who assemble Bombardier Inc's turboprops and the company's new top-of-the-line business jet on Saturday reached a tentative agreement with the company just hours ahead of a strike deadline, the union said.
SEOUL South Korean steelmaker POSCO on Saturday selected Choi Jeong-woo, the head of affiliate Posco ChemTech, as its final candidate to lead the company.
WASHINGTON The largest U.S. oil and gas lobby group is seeking to convince Hispanic and black communities to support the Trump administration's proposed expansion of offshore drilling, arguing it would create high paying jobs, including for storm-displaced Puerto Ricans.
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