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Trade war and US shale to keep lid on oil: Indian refiner

Bloomberg The US-China trade war and the growth of American oil supply will keep crude prices in check, notwithstanding Middle East tensions, according to the head of one of India’s biggest refiners. Brent crude will likely remain in a range of $60 to $70 a barrel and could fall towards $60 if demand worsens, said Mukesh Kumar Sura-na, the chairman ...

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Apple seeks exclusion of Mac Pro parts from Trump’s tariffs

Bloomberg Apple Inc has asked the Trump administration to exclude components that make up the forthcoming Mac Pro high-end desktop computer from import tariffs, weeks after planning to re-locate production of the line to China from Texas. The Cupertino, California-based technology giant is seeking relief from duties of 25 percent on key Mac Pro parts and accessories that go with ...

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Uber drivers lose suit over ‘racist’ UK environmental fee

Bloomberg A group of Uber Technologies Inc. drivers lost a London lawsuit where they said a new fee to operate in the city centre amounts to race discrimination. The drivers said London Mayor Sadiq Khan’s demand that they pay a congestion charge was unfair because it didn’t apply to the capital’s traditional black cabs. Most cab drivers are white, while ...

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