Oil prices held steady on the final day of the year on Tuesday, heading for their biggest annual rise since 2016, supported by a thaw in the prolonged US-China trade dispute and supply cuts.

Oil prices steady, on track for biggest yearly rise since 2016

Factory activity in China expanded for a second straight month in December, as production quickened and export orders rose, offering some support for the manufacturing sector amid signs of progress in trade talks with the United States.

China's factory activity expands for second month as output, export orders pick up

Ride-hailing company Uber Technologies Inc and courier services provider Postmates Inc asked a US court to block a California labor law set to go into effect on Wednesday, arguing the bill violates the US Constitution.

Uber, Postmates sue to block California gig worker law, claiming it's unconstitutional

Ford Motor Co said on Monday reservations were full for the high-end Mustang Mach-E First Edition electric sport utility vehicle. The No. 2 US automaker unveiled the electric Mustang crossover on November 17 and began taking reservations with a refundable deposit of $500.

Ford says reservations full for high end version of electric Mustang Mach-E

Huawei Technologies on Tuesday said its full-year revenue would likely jump 18 per cent in 2019 to $122 billion, lower than its earlier projections, as a US trade blacklisting curbed growth and disrupted its ability to source key parts.

Huawei's 2019 revenue to jump 18%, forecasts 'difficult' 2020

Moscow and Kiev on Monday signed a five-year agreement on the transit of Russian gas to Europe via Ukraine, finalising months of difficult talks just ahead of a New Year deadline.

Ukraine-Russia finalise gas deal one day before deadline

The telecom regulator in Bangladesh recently ordered network carriers to halt services along the India-Bangladesh border. The regulator cited security reasons. No network is available on a kilometre-long stretch along the India-Bangladesh border.

Bangladesh suspends network services along border with India

Around eleven Taliban terrorists were killed in airstrikes in the Kandahar province of Afghanistan. According to the Afghan National Army's 205th Corps, ''the foreign air force attacked the centres of militants in Shorawak district in which 11 militants were killed''.

Afghanistan: 11 Taliban terrorists killed in airstrikes

United Kingdom's Prime Minister Boris Johnson today announced that the minimum wage in the country would be increased by four times over the inflation rate starting next year.

United Kingdom's new government increases minimum wage to £8.72

As many as 14 Indian fishermen were arrested by Sri Lankan Navy for allegedly poaching in the country's territorial waters on Saturday, the Navy said on Sunday. The arrests were made during a patrol conducted in the seas north of the Delft Island, the Navy said in a statement, adding that three trawlers belonging to the fishermen were also seized.

14 Indian fishermen arrested by Sri Lankan Navy for poaching

Australia's pacer Peter Siddle on Sunday announced his retirement from international cricket. The player made an emotional announcement in front of his team-mates at the Melbourne Cricket Ground before the start of play on day four of the ongoing second Test against New Zealand, cricket.

Australian pacer Peter Siddle announces retirement from international cricket

Pakistan's Punjab government is likely to make a decision next week over allowing Nawaz Sharif to stay abroad for an extended period for medical treatment, a government source told Dawn.

Pakistan: Decision to extend Nawaz Sharif's stay abroad due next week

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