Global Track Manufacturing (Global Track) will invest at least US$2.5 million in a production plant in Milan, Tennessee, touted to bring at least 250 jobs to the area by 2021, according to the Tennessee Department of Economic and Community Development (TNECD).
TOKYO (Reuters) - Oil prices climbed on Thursday after a rocket attack on Baghdad triggered fresh concern over the potential for conflict in the Middle East, a day after markets were roiled by an Iranian missile strike on Iraqi bases hosting U.S. forces.
BEIJING, Jan 9 (Reuters) - China’s producer prices in December fell 0.5% from a year earlier, official data showed on Thursday, marking the sixth month of contraction as manufacturers struggled with weak demand and the U.S.-Sino trade war.
SINGAPORE (Reuters) - Asian stocks rebounded on Thursday and oil beat a retreat, as the United States and Iran backed away from the brink of further conflict in the Middle East and investors reversed their safety plays.
TOKYO (Reuters) - Oil rose sharply, with U.S. crude rising nearly $3, on Wednesday after the U.S. said its forces in Iraq were attacked by Iranian ballistic missiles, raising the prospect of a regional conflagration that could cut oil supplies.
SHANGHAI (Reuters) - Asian shares and U.S. treasury yields plunged on Wednesday, while gold and oil shot higher after Iran fired rockets at an Iraqi airbase that hosts U.S. military forces, stoking fears of further sharp escalations in a developing conflict.
