Oil prices were volatile on Tuesday after markets were spooked by surprise comments from White House trade adviser Peter Navarro saying a hard-won U.S-China trade deal was “over”, though he later said his comments had been taken out of context. Jangled nerves were also soothed to some...

Finland's Nokia Oyj plans to cut 1,233 jobs at its French subsidiary Alcatel-Lucent International, equivalent to a third of the unit's workforce, the group said on Monday, confirming an earlier Reuters report. The announcement has political resonance in France as Nokia bought the unit five...

World stocks reversed earlier losses and the dollar slid Monday as investors shrugged off worries that rising coronavirus infections in parts of Europe and the United States over the weekend could scupper a quick economic rebound. Torn between record stimulus and growing fears of a second...

Saudi Arabian Mining Co (Ma’aden) said on Sunday that its phosphate subsidiary is rescheduling and refinancing about $4.1 billion in debt. The subsidiary, Ma’aden Wa’ad Al Shamal Phosphate Company, will reschedule 6.7 billion riyals ($1.8 billion) owed to Saudi Arabia’s sovereign...