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Oil falls as glut, profit-taking beat back optimism over OPEC meet

August 9, 2016 by · Leave a Comment 

By Osamu Tsukimori TOKYO (Reuters) – Crude prices fell on Tuesday as continued worries over a global oil glut and profit-taking on gains of nearly 3 percent from the previous session beat down upwards momentum from a possible meeting of oil producers. Venezuelan Oil Minister Eulogio del Pino said on Monday that a meeting between OPEC and non-OPEC countries may take place “in the coming weeks” as the crisis-stricken South American nation sought support to prop up weak oil markets. Some OPEC officials have said a …

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Oil falls as glut, profit-taking beat back optimism over OPEC meet

woman-looks

LendingClub turmoil takes toll as company posts widening losses

August 9, 2016 by · Leave a Comment 

LendingClub Corp on Monday reported its largest quarterly loss in a year as it struggles to bring banks back to its online lending platform following the departure of its chief executive …

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LendingClub turmoil takes toll as company posts widening losses

woman-looks

VW China Chief: ‘volume isn’t everything’ in contest with GM

January 23, 2016 by · Leave a Comment 

Volkswagen AG's China chief said on Saturday he's optimistic in the company's outlook for this year, saying “volume isn't everything” in the competition with General Motors Co to lead the

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VW China Chief: ‘volume isn’t everything’ in contest with GM