Tags: United States
Cheaper crude oil subdues U.S. producer inflation; housing starts fall
U.S. producer prices recorded their biggest drop in more than five years in January as the cost of energy and a range of other goods tumbled, hinting at a disinflationary trend that could argue against the Federal Reserve raising interest rates.
Greece expected to seek loan extension from skeptical euro zone
Greece is expected to ask on Thursday for an extension to its "loan agreement" with the euro zone as it faces running out of cash within weeks, but it must overcome resistance from skeptical partners led by Germany.
Hyundai to enter U.S. commercial vehicle market as part of $1.8 billion offensive
South Korea's Hyundai Motor Co plans to spend around $1.8 billion by 2020 on a major offensive in commercial vehicles, including entering the race in the United States, to catch up with rivals in a rapidly growing global market.
Israeli defense minister lands at India airshow to boost arms sales
Israel's defense minister arrived in India on Wednesday to help sell his country's arms industry to the world's largest defense importer and promote deepening military ties between the two nations.