Business
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Mitsubishi Motors to continue selling vehicles after the cheating scandal
Sep 30, 2016News Hour: Japanese automaker Mitsubishi Motors Corp will resume domestic sales of eight vehicle models on Oct. 1, the company said on Friday, after correcting overstated mileage readings in its second cheating scandal this year. Japan’s... -
US unemployment claims held in a historically low range
Sep 30, 2016News Hour: US unemployment claims held in a historically low range last week, the Labor Department reported on Thursday, pointing to a continued tightening in the jobs market. Initial claims for unemployment insurance, an indicator of... -
British Steel back to profit following painful crisis
Sep 30, 2016News Hour: In the fierce heat of a roaring blast furnace, liquid hot iron gushes forth from the taps, sending sparks dancing into the air at a sprawling steelworks in northern England. The Scunthorpe complex is... -
Oil prices fell in Asia as doubts emerged over the OPEC deal
Sep 30, 2016News Hour: Oil prices fell in Asia on Friday as doubts emerged over the long-term success of a surprise OPEC agreement to cut output and stabilize the oversupplied market. The Organization of the Petroleum Exporting Countries... -
Apple announced alliance with Deloitte to get more businesses
Sep 29, 2016News Hour: Apple on Wednesday announced an alliance with professional services group Deloitte to get more businesses using iPhones and iPads as workplace tools. Deloitte is creating an Apple practice with more than 5,000 strategic advisors... -
Oil prices surged after the surprise oil deal by OPEC
Sep 29, 2016News Hour: Oil prices surged on Thursday after the OPEC producers’ group surprised the market with a deal to slash output. At the end of six hours of negotiations and weeks of horse trading, OPEC announced... -
Orders for durable goods manufactured by US unchanged were in August
Sep 29, 2016News Hour: Orders for US manufactured durable goods were unchanged in August, hitting a plateau after rising in July, according to data released on Wednesday by the Commerce Department. Total new orders for manufactured goods totaled... -
Tokyo stocks opened higher after surprise oil deal by OPEC
Sep 29, 2016News Hour: Tokyo stocks opened higher on Thursday after US and European markets rallied on a surprise deal by OPEC to cut oil production. Officials from the Organization of Petroleum Exporting Countries, meeting in Algiers, said... -
Air Berlin cuts 1200 jobs
Sep 29, 2016News Hour: Struggling Air Berlin, Germany’s second-largest airline, announced on Wednesday a major restructuring plan that shrinks its fleet and cuts 1,200 jobs. In a statement, the loss-making company said it planned to “concentrate its core... -
OPEC agreed to cut oil production in a surprise move
Sep 29, 2016News Hour: The Organization of Petroleum Exporting Countries (OPEC) agreed on Wednesday to cut oil production in a surprise move aimed at boosting stubbornly weak crude prices. The news triggered an immediate spike of more than...
