OPEC oil output rises in January as key members stand firm: survey

OPEC's oil supply has risen this month due to more Angolan exports and steady to higher output in Saudi Arabia and other Gulf producers, a Reuters survey showed, a sign key members are standing firm in refusing to prop up prices.


Japan looks at 2030 energy targets in shadow of Fukushima cleanup

Japan began deliberating its 2030 targets for power generation on Friday, a process likely to turn contentious when nuclear restarts are considered even as the much delayed cleanup at Fukushima continues four years after the meltdowns there.

Audi could hit two million car sales goal ahead of 2020

German luxury carmaker Audi could reach its goal of 2 million sales a year before its 2020 target, helped by revamped models and new sport-utility vehicles, its chief executive told Reuters.

Panasonic withdraws from TV production in China: source

Panasonic Corp (6752.T) has stopped making TVs in China and plans to liquidate its joint venture in Shandong, a company source said on Saturday, the latest in a string of Japanese electronics companies exiting overseas TV markets amid strong pricing pressure.


Latest News

The surging Swiss franc has dealt a double blow to homeowners in Austria, home of the trend for borrowing in the Swiss currency that has devastated mortgage holders across eastern Europe.
AT&T Inc (T.N) spent close to half the total in the record-setting U.S. sale of airwaves for mobile data, with Dish Network Corp (DISH.O) spending heavily to manage a surprise win at No.2 ahead of Verizon, results showed on Friday.
Oil prices roared back from six-year lows on Friday, rocketing more than 8 percent as a record weekly decline in U.S. oil drilling fueled a frenzy of short-covering.
Ride service Uber, which is trying to enhance its image after several controversies, on Friday released the findings of a report on its handling of passenger data and said it would act on all the report's recommendations for improvements.
Greece should not undermine EU policy on Russia at a time when it is seeking support from its partners over its economic problems, European parliament President Martin Schulz told Greek newspapers on Friday.
Russia has handed a multi-billion dollar contract to build a bridge to the Crimea peninsula to an ally and former judo partner of Vladimir Putin who is under Western sanctions.
As Japan's Honda Motor Co (7267.T) pays hundreds of millions of dollars to replace potentially deadly air bags, hitting earnings, a new headache lies around the bend - cheaper U.S. petrol could lure buyers away from its fuel-efficient cars.
Qatar Airways has bought a 9.99 percent stake in International Consolidated Airlines Group (IAG) worth around 1.15 billion pounds ($1.7 billion), building closer ties with the owner of its partners British Airways and Iberia in the oneworld alliance.
Germany's newly installed onshore wind power capacity rose by a record 4,750 megawatts (MW) in 2014, industry groups said on Thursday, marking what is likely to be a peak annual gain as the country gears up for a nuclear-free future.
Alibaba Group Holding Ltd's underwhelming holiday quarter performance and an escalating war of words with a powerful Chinese industry regulator highlight two major risks to its seemingly fairy-tale ascent: politics and the shift to mobile commerce.