Search For Keyword.

Business

France unveils $8.8 billion rescue for ailing car industry

French President Emmanuel Macron announced an 8 billion-euro ($8.8 billion) plan Tuesday to save the country’s car industry from huge losses wrought by virus lockdowns, including a big boost for electric vehicles. The plan includes government subsidies for car buyers and longer-term...

Oil prices climb as faith in supply cuts grows

Oil prices rose on Tuesday, supported by growing confidence that producers are following through on commitments to cut supplies and as fuel demand picks up as coronavirus lockdowns ease. Brent crude LCOc1 futures were up 1.4%, or 48 cents, at $36.01 a barrel by 1210 GMT. U.S. West Texas...