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Oil slides on U.S.-China tensions

Oil futures tumbled on Wednesday after U.S. President Donald Trump said he was working on a strong response to China's proposed security law in Hong Kong and as some traders doubted Russia's commitment to deep production cuts.

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U.S. Chamber urges China to preserve Hong Kong's autonomy

The U.S. Chamber of Commerce said on Tuesday it was deeply concerned that China's proposed national security legislation on Hong Kong could undermine its autonomy under the "one country, two systems" framework, and urged Beijing to de-escalate the situation.

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Uber India cuts 600 jobs amid coronavirus outbreak

Ride hailing company Uber Technologies Inc's Indian arm will cut 600 jobs across functions, as it navigates a strict coronavirus lockdown that has brought businesses to a grinding halt, Uber India President Pradeep Parameswaran said on Tuesday. (Reporting by Chandini Monnappa in Bengaluru; Editing by Vinay Dwivedi)

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