PARIS/SHANGHAI (Reuters) - China's commerce minister will travel to Europe in April for discussions about the European Commission's investigation into whether China's electric vehicle industry has benefited from unfair subsidies, four people briefed on the plan told Reuters. Wang Wentao will visit France, a French government source and two other people with knowledge of the trip told Reuters. France's trade...

09:00 AM EDT, 03/28/2024 (MT Newswires) -- Oil prices rose early on Thursday following two losing sessions on expectations global inventories will continue to wane through the second quarter on OPEC+ production cuts and Ukrainian attacks on Russian refineries. West Texas Intermediate crude oil for May delivery was last seen up US$1.32 to US$82.67 per barrel, while May Brent crude,...

09:01 AM EDT, 03/28/2024 (MT Newswires) -- UBS (UBS) said Thursday it is reviewing potential misstatements in Credit Suisse's financial reports and is coordinating with regulators to address the issue. There is a risk that Credit Suisse's internal controls could not detect a material error that could result in a significant misstatement to its financial reports, which are now consolidated...

08:57 AM EDT, 03/28/2024 (MT Newswires) -- Consumer stocks were edging higher premarket Thursday, with the Consumer Staples Select Sector SPDR Fund (XLP) inactive and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.2%. Atour Lifestyle ( ATAT ) was advancing over 4% after its Q4 revenue more than doubled. ...