Oil sweeps lower as fears of recession dent financial marketsOil prices fell on Wednesday, swept lower by a broad decline across financial markets, as concern about the outlook for global growth and evidence of yet more crude supply wiped out half of this week's gains.
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German auto bosses did not discuss trade issues with Trump: VDATalks between German auto bosses and U.S. President Donald Trump in Washington focused on the companies' plans for the United States and were not about trade issues, German car association VDA said on Wednesday.
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Hyundai, South Korea talks on low-cost carmaking JV hit snagHyundai Motor's talks to build a low-cost carmaking factory with a local government suffered a setback on Wednesday as the South Korean automaker rejected proposed revisions to certain terms related to wage negotiations.
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