LONDON/DUBAI – OPEC has urged its members not to mention oil prices when discussing policy in a break from the past, as the oil producing group seeks to avoid the risk of U.S. legal action for manipulating the market, sources close to OPEC said. Proposed U.S. legislation known as “NOPEC”, which could open the group […]

Between the Powerball and the Mega Millions lottery, there’s $1 billion up for grabs this week. There’s some seriously life-changing cash up for grabs on Tuesday when the winning numbers are drawn for the $654 million Mega Millions jackpot — the fourth-largest grand prize in U.S. history. If someone matches all six winning numbers and […]

Three dark-arts PR issues intersect for Tesla and Mus esla and Elon Musk are having a terrible time getting basic, neutral, balanced press coverage. Tesla has achieved enormous results in ramping up its Model 3 production faster than almost any new model car in history. The company is massively outselling its competitors in North America and Europe. It still […]

MEXICO CITY/SHANGHAI – Mexico’s Foreign Minister Luis Videgaray told his Chinese counterpart in a phone call on Saturday that Mexico’s new trade deal with the United States and Canada will not impede economic relations with other countries, according to a foreign ministry statement. The pact set to replace the North American Free Trade Agreement outlines […]

Three of the biggest US banks reported strong profits on Friday, helping to lift US share markets after several days of steep declines. The Dow Jones Industrial Average and S&P 500 closed up more than 1%, while the Nasdaq leapt nearly 2.3%. The increases followed a rise on global markets. The gains at JP Morgan […]

Facebook Inc (FB.O) said on Friday attackers stole names and contact details of 29 million users in the mass security breach disclosed by the social media network late last month. The breach, Facebook’s worst ever, has exacerbated concerns among users, lawmakers and investors that the company is not doing enough to safeguard data, particularly in […]

Anything with a half eaten Apple printed on it seems expensive, especially the company itself. The iPhone XS starts at around $1,000 USD and goes up from there. Most people think of computers when they think of Apple. Yet from a business perspective, the company has been a smartphone powerhouse. At least that has been […]

Hong Kong-Sales in the world’s biggest auto market are falling, causing big problems for top global brands that have come to rely on it for much of their growth. China has been a source of blockbuster sales for major carmakers for years, as rapid economic growth gave millions of consumers the cash to spend on middle-class status […]

Fashion chain H&M (HMb.ST) is acquiring a small stake in Klarna in what will be the Swedish online payments services firm’s largest partnership so far. H&M is paying around $20 million for a stake of less than 1 percent, a Klarna spokeswoman said, confirming a Financial Times report on Monday. Klarna’s digital platform would be […]

SAN FRANCISCO (Reuters) – Apple Inc’s (AAPL.O) top security officer told Congress on Sunday that it had found no sign of suspicious transmissions or other evidence that it had been penetrated in a sophisticated attack on its supply chain. Apple Vice President for Information Security George Stathakopoulos wrote in a letter to the Senate and […]