fuel-oversupply
Taiwan says set to order Uber to exit market
August 3, 2016 by elegant · Leave a Comment
By Faith Hung and Yimou Lee TAIPEI/HONG KONG (Reuters) – Taiwan's Investment Commission said on Wednesday it is set to order Uber Technologies Inc [UBER.UL] to exit the domestic market, saying the global ride-hailing giant misrepresented its business as an internet-based information technology platform rather than a transportation
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Taiwan says set to order Uber to exit market
fuel-oversupply
U.S. crude remains below $40 as oversupply weighs
August 3, 2016 by publisher · Leave a Comment
Oil prices remained weak on Wednesday, with U.S. crude below $40 per barrel and Brent under $42, as fuel oversupply and stuttering economic growth weighed on markets, although prices did receive some support from a weaker dollar. U.S. West Texas Intermediate (WTI) crude futures were trading at $39.54 per barrel at 0651 GMT (2:51 a.m. ET), slightly above their last close and well below the $40 marker they settled below for the first time since April in the previous session. International Brent crude futures failed to …
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U.S. crude remains below $40 as oversupply weighs