Trump’s diagnosis fuels uncertainty for skittish U.S. stock market

Investors are gauging how a potential deterioration in President Donald Trump’s health could impact asset prices in coming weeks, as the U.S. leader remains hospitalized after being diagnosed with COVID-19. So far, markets have been comparatively sanguine: hopes of a breakthrough in talks among U.S. lawmakers on another stimulus package took the edge off a […]

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U.S. oil refiners look to leapfrog Canadians in making renewable diesel

U.S. oil refineries are moving aggressively to produce renewable diesel, partly to cash in on Canada’s greener fuel standard before Canadian refiners modify their own plants. Canadian Prime Minister Justin Trudeau’s government intends to present its Clean Fuel Standard this year, aiming to cut 30 million tonnes of emissions by 2030. Renewable diesel, made by […]

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Japan’s Sony and Kioxia seeking U.S. approval to supply to Huawei

Japan’s Sony Corp and memory chipmaker Kioxia Holdings Corp have applied for U.S. approval to continue supplying Huawei Technologies Co Ltd, Nikkei reported on Sunday. If confirmed, the move follows other tech companies such as Intel Corp that recently received licences from U.S. authorities. With U.S.-China ties at their worst in decades, Washington has been […]

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