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Renault and Nissan End Standoff over Post-Ghosn Governance

Renault announced Thursday that it had reached an agreement with its partner Nissan on the Japanese carmaker's governance overhaul, paving the way for the French company to back changes decided in the wake of the Carlos Ghosn scandal.

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Slack Technologies Rises in Wall Street Debut

Software company Slack Technologies climbed on the New York Stock Exchange Thursday after entering in a direct listing in the latest sign of Wall Street's appetite for new technology entrants.

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Oil Jumps 6% after Trump Says Iran Made 'Very Big Mistake'

Oil prices jumped Thursday on rising U.S.-Iran tensions, with gains accelerating on a cryptic tweet by U.S. President Donald Trump after Iranian forces shot down a U.S. spy drone.

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Turkey to Send New Ship to Search for Gas off Cyprus as Tensions Mount

Turkey is set to send a new ship on Thursday to search for oil and gas off Cyprus, in a move expected to escalate tensions after the EU called on Ankara to stop its "illegal drilling activities".

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Adidas Loses EU Court Battle over 'Three Stripe' Design

German sportswear giant Adidas on Wednesday lost a legal battle to trademark its "three stripe" motif in the EU, as a court ruled the design was not distinctive enough to deserve protection.

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A Slow Road to Recovery for Eastern Ghouta Farms

Outside the Syrian capital, Radwan Hazaa is preparing to plant hundreds of pomegranate seeds on his land in Eastern Ghouta, hoping to replace some 3,000 trees lost in years of war.

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In China's Chongqing, High-Rises Buck Property Slowdown

In many Chinese cities, government restrictions have cooled formerly feverish property markets, but in the southwestern city of Chongqing, construction is booming and sales soaring as investors rush in.

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OPEC to Meet July 1 and 2 after Several Postponements

Major oil-producing countries meet in Vienna on July 1 and 2, the OPEC website and a delegate said Wednesday, after the biannual gathering had been postponed several times.

Oil producers led by Saudi Arabia are expected to decide whether to extend production cuts, with investors welcoming the news that a date has been set.

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UK Inflation Dips to Bank of England Target

British annual inflation has dipped to the Bank of England's 2.0 target rate, official data showed Wednesday, further cementing expectations that the BoE will maintain low UK interest rates.

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Boeing's Troubled 737 MAX Gets Huge Vote of Confidence from IAG

U.S. aircraft giant Boeing got a welcome vote of confidence in its beleaguered 737 MAX plane on Tuesday when International Airlines Group, owner of British Airways, said it wanted to buy 200 of the planes.

The companies said they had signed a letter of intent for the purchase, the first since the 737 MAXs were grounded in March after two of them crashed within six months of each other, killing 346 people.

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