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Exxon Mobil and Chevron are seeking to sell their stakes in Azerbaijan's largest oilfield, marking the retreat of the U.S. majors from the former Soviet state after 25 years as they re-focus on domestic production.
U.S. stocks dropped on Tuesday, as skepticism over chances of a breakthrough in the U.S.-China trade talks weighed on industrial and technology companies, while banks fell as flattening U.S. bond yield curves raised fears of a slowing domestic economy.
White House economic adviser Larry Kudlow said on Tuesday that a reduction in Chinese tariffs on U.S. cars and agricultural and energy commodities would be a "litmus test" for whether U.S.-China trade talks are on track to succeed.
U.S. luxury home builder Toll Brothers Inc on Tuesday reported its first fall in quarterly orders in more than four years as rising mortgage rates and higher home prices hit demand, sending its shares down as much as 10 percent.
Siemens wants to grow its building technologies business faster than the overall construction market next year, possibly with help from acquisitions, the business' chief executive Matthias Rebellius said on Tuesday.
U.S. Commerce Secretary Wilbur Ross said on Tuesday that possible tariffs on automakers are aimed at pushing companies to make more cars and other vehicles in the United States and the timing of any duties would depend on the success of ongoing negotiations.
U.S. stock index futures pointed to a lower opening for Wall Street on Tuesday, as investors turned skeptical of the chances of a breakthrough in the U.S.-China trade talks, while a flattening U.S. yield curve raised fears of a slowing domestic economy.
Nissan Motor Co failed on Tuesday to nominate a successor to Carlos Ghosn as chairman in the wake of his arrest and dismissal for alleged financial misconduct last month, a source familiar with the situation said.
Europe's Airbus is teaming up with a new U.S. partner, Lockheed Martin , to try to crack the U.S. military air tanker market nearly eight years after losing out to rival Boeing in a bitter battle to supply refueling planes to the U.S. Air Force.
As White House officials fanned out to talk up what U.S. President Donald Trump called "an incredible deal" with China to hit pause in their trade war, Beijing has said little on a pact that cheered markets but left many questions unanswered.
The cost of insuring debt issued by Thomas Cook against default hit a record high and its bonds tumbled on Tuesday, as worries about the travel company's borrowings deepened following its second profit warning in as many months last week.
Unilever's incoming chief executive Alan Jope plans to stick to the 2020 targets set by his predecessor Paul Polman, Jope said on Tuesday, confirming a message of continuity set last week by the company chairman.
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