Kazakh oil flowing via Russia to be loaded on tankers at the Baltic Sea port of Ust-Luga has been contaminated and Kazakhstan plans to seek compensation from Russian pipeline monopoly Transneft, a senior Kazakh energy official said.
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Mitsubishi Motors Corp said on Friday that Osamu Masuko will step down as its chief executive on June 21 and be replaced by Takao Kato, who is president of its operations in Indonesia.
South Korean tech giant Samsung Electronics Co Ltd will spend more than $14 billion in the second phase of investment in its memory chip plant in Xian, China, China’s official Xinhua news agency reported on Friday citing a Samsung executive.
Italy’s Deputy Prime Minister and League leader Matteo Salvini said he would hail a takeover bid by Italy’s UniCredit for German rival Commerzbank.
Tulsa’s WPX Energy and San Antonio-based Howard Energy Partners have completed construction on the majority of their joint venture to build an oil and gas gathering and processing facility in the Delaware Basin of West Texas.
Carrefour, Europe largest retailer, is exploring the sale of a minority stake in its loss-making business in China and has started sounding out potential buyers, people familiar with the matter said.
Shareholders at Halliburton elected all ten nominees to the company’s board of directors.
Facebook, Google and Twitter are still not doing enough to tackle fake news plaguing the election campaign to the European Parliament, the European Commission said on Friday in its latest report.
Completion reports filed on May 16, 2019.
Permits to drill issued for May 16, 2019.
New completion reports filed by Continental Resources show the energy company had more than one big well at a site near Greenfield in Blaine County.
The price of bitcoin abruptly sank more than 20% on Friday, a move that didn’t appear to have a particular trigger and came after a strong recovery in the crypto-currency since early April that took it to 10-month highs.
Consumer bodies from Belgium, France, Italy, the Netherlands, Portugal and Spain on Friday urged their national consumer protection agencies to act against Alibaba’s online shopping portal for allegedly setting unfair terms for EU users.
Italy’s competition watchdog said on Friday it had opened an investigation into alleged abuse of a dominant market position by Google in the smart device sector.
A surge in palladium prices has thrown struggling South African mining companies a lifeline. But it may not be enough.
Once global regulators clear Boeing Co’s 737 MAX to fly again after deadly crashes, airlines which have put their fleets into mechanical hibernation since March will scramble to begin the biggest ungrounding effort in history.
Microsoft Corp and Sony Corp on Thursday said they struck a strategic partnership in which Sony would use Microsoft’s cloud for streaming games and media and the two would work together to develop new image sensors.
Over the last month the U.S.-China trade war has boosted the risk of a U.S. recession, say a strong majority of economists polled by Reuters, who now put the chances of that happening in the next two years at 40%.
Japanese fashion tycoon Yusaku Maezawa sold art for more than $8 million at a Sotheby’s auction in New York on Thursday night, providing funds to the entrepreneur who previously said he has no money.
Boeing Co said on Thursday it had completed a software update for its 737 MAX jets, which have been grounded worldwide since March after they were involved in two fatal crashes.
Global private equity firms Bain Capital, Carlyle Group and KKR & Co are among potential bidders for Japanese conglomerate Hitachi Ltd’s chemical unit, three people familiar with the situation told Reuters.
BP will face pressure at a meeting next week to set tougher targets to combat climate change, the latest signal from investors that they want the oil and gas industry to do more to clean up its act.
New Zealand’s central bank has revoked Australia and New Zealand Banking Group’s local license to calculate its own operational risk capital due to “persistent” control failures, adding to the bank’s minimum capital requirement in the country.
Chinese search engine operator Baidu Inc on Thursday reported lower-than-expected first-quarter earnings and forecast quarterly revenue below estimates, sending its shares down 8% in extended trading.
Air taxi startup Lilium has staged a successful maiden flight of a five-seater prototype that it hopes to bring into service by 2025 to whisk passengers between cities without the hassle of an airport check-in.
The Trump administration on Thursday officially added China’s Huawei Technologies Co Ltd to a trade blacklist, immediately enacting restrictions that will make it extremely difficult for the telecom giant to do business with U.S. companies.
Singapore Airlines CEO Goh Choon Phong said on Friday that an order for 31 737 MAX jets from Boeing remains “intact”, despite deadly crashes involving the aircraft.
Huawei subsidiary Hisilicon said that it had long been anticipating the possibility that the firm could one day be unable to obtain chips and technology from the United States and had prepared to soften any impact.
Bayer AG plans to argue that a $2 billion jury award and thousands of U.S. lawsuits claiming its glyphosate-based weed killer Roundup causes cancer should be tossed because a U.S. regulatory agency said the herbicide is not a public health risk.
German food delivery company Delivery Hero on Thursday announced an investment in biodegradable packaging manufacturer Bio-Lutions as governments and companies around the world seek to reduce plastic waste.
U.S. retailer Walmart Inc on Thursday reported an estimate-beating jump in first-quarter U.S. comparable sales, but overall revenue growth and online sales slowed.
Cuba’s Institute of Civil Aeronautics said on Thursday an investigation into the crash a year ago of a Boeing 737 in Havna that killed all but one of the 113 people aboard suggests the most probable cause was errors by the crew.
Huawei Technologies said on Thursday it will challenge a decision by the U.S. Commerce Department to add the Chinese company to a export blacklist, warning the decision “will do significant economic harm to the American companies with which Huawei does business.”
Nvidia Corp reported a better-than-expected quarterly profit and forecast second-quarter revenue above analysts’ estimates, boosted by higher demand for its gaming chips, sending its shares up 6% in extended trading.
Pinterest Inc forecast full-year revenue mostly in line with analysts’ estimates even after reporting a 54% jump in sales in its first quarterly earnings since going public, as the online scrapbook company added more users globally.
Tesla Inc Chief Executive Officer Elon Musk told employees on Thursday that he will increase scrutiny of the company’s expenses in his latest initiative to cut costs at the electric car maker.
Applied Materials Inc forecast third-quarter profit and revenue above estimates and reported better-than-expected quarterly results on Thursday, allaying investor concerns about slowing semiconductor demand.
Delta Air Lines and United Airlines are poised to win the most new daytime slots at Tokyo’s Haneda International Airport in time for the 2020 Summer Olympics, according to a U.S. Department of Transportation statement on Thursday.
U.S. stock index futures rose on Thursday, as upbeat earnings from Cisco and Walmart overshadowed concerns over strained trade ties between the United States and China after Washington blacklisted telecom equipment giant Huawei.
Amazon.com Inc is in talks to invest hundreds of millions of pounds in UK food delivery app Deliveroo as part of a $575 million fundraising, Sky News reported on Thursday, citing sources.
The Trump administration’s decision to sanction and potentially cripple Chinese telecoms giant Huawei Technologies Co Ltd garnered a sharp rebuke on Thursday from Beijing, which warned that the move could damage trade talks.
The new owner of the shuttered Lucky Dragon aims to have the off-Strip resort fully up-and-running by the fall.
“Lincoln County existing industry, Race City Steel, is planning to invest over $3,700,000 in equipment and building facility in Denver, NC” said John Dancoff with Lincoln Economic Development Association. Dancoff presented a request to the county commissioners on Monday, April 1st to grant Race City Steel tax incentives based upon the county’s Industrial Incentive Grant Program.
Asian shares steadied on Thursday on news that U.S. President Donald Trump is planning to delay tariffs on auto imports, providing much needed relief to markets hit by a flare-up in trade tensions and on weak U.S. and Chinese economic data.
Tesla Inc’s Autopilot feature was engaged during a fatal March 1 crash of a 2018 Model 3 in Delray Beach, Florida
Worried that current low inflation expectations will sap the U.S. central bank’s ability to combat a future downturn, two Federal Reserve officials on Thursday made an unusual pitch: if inflation rises unexpectedly, the Fed should lay out the welcome mat.
A week after Williams received FERC approval for its controversial Northeast Supply Project from New Jersey to New York, the gas pipeline project was blocked Wednesday night by the governor of New York.
OGE Energy Corp. Chairman, President and CEO Sean Trauschke today told the company’s shareholders that the company is “strong and built for the long term.”
Austrian prosecutors believe there is little basis for their fraud investigation into the Eurofighter consortium’s $2 billion deal in 2003 to sell jets to the Austrian government, two media reported on Thursday, citing an internal report.
Oil prices rose on Thursday for a third day running as fears of supply disruption amid heightened tensions in the Middle East overshadowed swelling U.S. crude inventories.
Low U.S. inflation expectations are sapping the Federal Reserve’s ability to respond to a future downturn, Minneapolis Fed President Neel Kashkari said Thursday, calling for the Fed to allow inflation to rise above 2% to bring the economy back to full strength.
Bayer AG is confident its appeals of recent court rulings that its glyphosate weed killer Roundup caused cancer will be successful, a senior executive said on Thursday, amid a steep selloff of the company’s shares this week.