Oil steady as weak dollar offsets U.S., Russia output forecasts
NEW YORK Oil prices were little changed on Tuesday as a decline in the U.S. dollar and comments by Saudi Arabia that it would adhere to OPEC's commitment to cut output.
FRANKFURT German luxury carmaker Daimler (DAIGn.DE) will enlarge its management board to put a top executive in charge of its troublesome Chinese car business, a German magazine reported on Sunday.
The additional eighth executive board seat will be created at the group's upcoming supervisory board meeting, weekly Der Spiegel reported, without specifying its sources.
A Daimler spokesman declined to comment.
Daimler's flagship car brand Mercedes lags larger German premium names BMW (BMWG.DE) and Audi (VOWG_p.DE) in China.
(Reporting by Ludwig Burger and Christiaan Hetzner; Editing by David Cowell)
Morgan Stanley's profit doubled in the fourth quarter as trading activity surged across Wall Street, and the bank said it was on track to reach a number of financial goals set out by Chief Executive James Gorman.
LONDON Britain will quit the EU single market when it leaves the European Union, Prime Minister Theresa May said on Tuesday in a decisive speech that set a course for a clean break with the world's largest trading bloc.