U.S. oil producer ConocoPhillips is still awaiting payment from Venezuela on a $2 billion arbitration settlement reached last month with the country’s state-run PDVSA, Chief Executive Ryan Lance said on Wednesday.
Stock markets around the world fell on Wednesday and declines in emerging markets accelerated as a deadline in the U.S.-China trade conflict loomed and U.S.-Canada trade talks were due to resume.
Shares of Facebook Inc and Twitter Inc fell on Wednesday as their top executives testified before the U.S. Congress, defending the companies against what lawmakers see as a failure to combat continuing foreign efforts to influence U.S. politics.
Canadian Foreign Minster Chrystia Freeland said on Wednesday she looked forward to “constructive” discussions with U.S. Trade Representative Robert Lighthizer as the two resumed talks to try to resolve trade differences and agree on trilateral updates to the North American Free Trade Agreement.
American International Group Chief Executive Officer Brian Duperreault said on Wednesday he sees “huge potential” within the insurer’s portfolio for use of a market in which investors trade assets tied to insurance liabilities.
British asset manager Schroders expressed interest in buying CarVal Investors in May but the hedge fund that is owned by U.S. agri group Cargill said it was not for sale, a CarVal executive said.
U.S. President Donald Trump on Wednesday criticized Nike Inc for its new advertising campaign featuring Colin Kaepernick, the NFL quarterback who sparked controversy by kneeling during the national anthem.
Walmart Inc is testing whether independent drivers could deliver its groceries as the retailer races to meet its goal of offering home delivery to more than 100 U.S. cities by the end of the year.
Top executives from Facebook Inc and Twitter Inc defended their companies in the U.S. Congress on Wednesday over what lawmakers see as a failure to combat continuing foreign efforts to influence U.S. politics.
U.S. Senator Mark Warner told the Senate Select Committee on Intelligence on Wednesday that Congress will need to act to stop foreign bad actors who use social media like Facebook Inc and Twitter Inc to interfere in U.S. elections.
U.S. stock indexes were lower on Wednesday, weighed down by Facebook, energy stocks and concerns over the possibility of President Donald Trump going through with plans to slap new tariffs on Chinese goods as early as this week.
Twenty First Century Fox said on Wednesday it made a $100 million investment in social broadcasting platform Caffeine.
U.S. President Donald Trump on Wednesday criticized Nike Inc following the debut of its advertising campaign with Colin Kaepernick, the NFL quarterback who sparked a national controversy by kneeling during the national anthem.
Bayer is ready to spend money on more drug licensing agreements like last year’s deal with Loxo Oncology but its priority is to reduce debt after the takeover of Monsanto.
Senator Richard Burr, the Republican chairman of the U.S. Senate Intelligence Committee, said on Wednesday that the “national security vulnerability” and “unacceptable risk” of social media platforms remain unaddressed.
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