• South Korea says GM deal to ensure it remains in country for at least 10 years

    3 monthes ago - By Reuters

    SEOUL - South Korea's finance minister said on Wednesday the country will limit General Motors' right to sell shares and assets in its South Korean unit so that the U.S. automaker is kept from leaving the nation for at least 10 years.
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  • Crude Oil Prices Could Increase As U.S. Leaves Iran Nuclear Deal

    3 monthes ago - By NPR

    Crude oil prices have been rising for months and could climb higher now that the United States is pulling out of the Iran nuclear deal.
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  • Iran may try diplomacy but it could circumvent Trump sanctions with help from China and Russia

    3 monthes ago - By CNBC

    Iran could also seek help skirting U.S. sanctions from other parties to the deal, particularly Russia and China.
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  • Oil shines, shares rattled as Trump dumps Iran nuclear deal

    3 monthes ago - By Reuters

    TOKYO - Crude oil prices jumped back to near 3 1/2-year highs on Wednesday after U.S. President Donald Trump pulled his country out of an international nuclear deal with Iran, sparking worries about global oil supplies.
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  • Boeing, Airbus to lose $39 billion in contracts because of Trump sanctions on Iran

    3 monthes ago - By Washington Post

    The aircraft sales were among the most-sought-after contracts for Iran.
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  • Mnuchin: Boeing's sales licenses to Iran will be revoked

    3 monthes ago - By Chron

    WASHINGTON - The U.S. withdrawal from the Iran nuclear deal means Boeing's licenses to sell billions of dollars in commercial jetliners to Iran will be revoked, Treasury Secretary Steven Mnuchin said Tuesday.
    Mnuchin said that the existing licenses held by Chicago-based Boeing Co. and its European competitor, Airbus Group, would be invalidated by President Donald Trump's decision.
    "The existing licenses will be revoked," Mnuchin told reporters.
    Boeing said it would consult with the government on what comes next. "As we have throughout this process, we'll continue to follow the U.S...
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  • Israel reportedly launches airstrikes in Syria immediately after Trump withdraws from Iran deal

    3 monthes ago - By Chron

    REUTERS/Mass Communication Specialist 1st Class Eric Garst/U.S. Navy/Handout
    Nine pro-Syrian fighters were reportedly killed in an Israeli airstrike near the Syrian capital of Damascus on Tuesday.
    Videos of the alleged strike were seen across social media.
    The incident comes shortly after President Donald Trump announced that he would be withdrawing from the Iran nuclear deal and enact fresh sanctions against what he called "the leading state sponsor of terror."
    Nine pro-Syrian fighters were reportedly killed in an Israeli airstrike near the Syrian capital of Damascus on Tuesday, shortly...
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  • What Companies Need To Know About Trump's Iran Decision

    3 monthes ago - By Forbes

    How will President Trump's decision to withdraw from the Iran nuclear deal affect U.S. and foreign companies?
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  • U.S. Treasury's Mnuchin: Revoking Boeing, Airbus licenses to sell jets to Iran

    3 monthes ago - By Reuters

    WASHINGTON - Licenses for Boeing Co and Airbus to sell passenger jets to Iran will be revoked, U.S. Treasury Secretary Steve Mnuchin said on Tuesday after President Donald Trump pulled the United States out of the 2015 Iran nuclear agreement.
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