US to allow resale of Venezuelan oil to Cuba, Treasury Department says 26-Feb 02:44

The U.S. Treasury Department said on Wednesday it would authorize companies seeking licenses to resell Venezuelan oil to Cuba, according to guidance posted on the department's website, a move that could help ease the island's acute fuel scarcity.

Tyremaker Pirelli sees slight revenue growth this year as governance row persists 26-Feb 01:14

Tyremaker Pirelli said on Wednesday it saw its revenue to be flat to slightly increasing this year, as key investors remain locked in a governance dispute that could limit the group's expansion ambitions in the U.S.

Mercedes says personal relations with China important for economic ties 26-Feb 00:14

Personal contacts with China are important for preserving economic ties, Mercedes-Benz said on Wednesday, as German Chancellor Friedrich Merz visits the country with business leaders.