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Nissan cuts forecast in first earnings since Ghosn arrest

Crisis-hit Japanese automaker Nissan slashed its full-year forecast Tuesday as nine-month net profit dropped 45 percent in the first earnings report since the stunning arrest of former chairman Carlos Ghosn. The firm blamed growing costs of raw materials and emerging economy foreign...

No-deal Brexit 'could cost 600,000 jobs worldwide': study

A British departure from the European Union without a deal could put 600,000 jobs around the world at risk, with Germany the hardest hit, a study published Monday found. Researchers at the IWH institute in Halle, eastern Germany, examined what would happen if UK imports from the remaining...

UAE expects oil market to balance in first quarter

The energy minister of the United Arab Emirates said Monday supply and demand in the oil market should balance out in the first quarter of 2019, following weeks of output cuts. "My expectation is that we will see the balance during the first quarter unless something happens," Suheil...