Oil prices were stable on Thursday as strong demand from China eased concerns of an ongoing fuel glut. Brent crude futures were at $47.75 per barrel at 0357 GMT, ... Read More
Oil rises on firm short-term demand outlook; overall market still weak Oil edged up on Tuesday, lifted by a strong demand outlook for the coming weeks, but overall market ... Read More
Cosco Shipping Holdings Ltd agreed to buy Orient Overseas International Ltd for $6.3bn in cash, creating the world’s third-largest container-shipping company as the industry shrinks after years of losses ... Read More
Oil prices fell by more than 1 percent early on Friday, with U.S. crude futures dipping below $45 per barrel as news of a rise in U.S. production added ... Read More
Most Asian stock markets fell on Thursday after minutes from the Federal Reserve’s last meeting showed a lack of consensus on the future pace of U.S. interest rate increases, ... Read More
The Italian government took control of Banca Monte dei Paschi di Siena on Tuesday, injecting EUR5.4 billion ($6.1 billion) into the troubled lender as part of a broad plan ... Read More
Samsung Electronics Begins Mass Production at New Semiconductor Plant in Pyeongtaek, South Korea Samsung Electronics, a world leader in advanced semiconductor technology, today announced that its new semiconductor fabrication ... Read More
Oil prices retreated in Asian trade on Tuesday, halting a run of eight straight days of gains on signs that a persistent rise in U.S. crude production is running ... Read More
Oil Extends Longest Winning Streak This Year as Drilling Slows Rigs targeting crude drop first time in 24 weeks: Baker Hughes Libyan production increases to highest level in four ... Read More
Nokia appoints Gregory Lee to head Nokia Technologies and as member of the Nokia Group Leadership Team Nokia today announced the appointment of Gregory Lee, a proven consumer technology ... Read More
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