Articles by admin

Royal Dutch Shell has agreed to sell its stake in the Caesar-Tonga field in the Gulf of Mexico for $965 million in cash to a subsidiary of Israel’s Delek Group.

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Apple Inc said on Thursday it has nearly doubled the number of suppliers using only clean energy for production work, including two that assemble and make the processor chips for the iPhone.

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Asian stocks stepped back from near eight-month highs on Thursday and the dollar eased as cautious European and U.S. central banks reinforced investors’ worries about the slowing global economy and trade protectionism.

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Uber Technologies Inc’s initial public offering (IPO) filing on Thursday will draw inevitable comparisons to its smaller ride-hailing rival Lyft Inc, which completed its initial public listing last month.

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Europe’s largest technology company SAP aims to more than double its market value to between 250 billion euros and 300 billion euros ($282-$338 billion) by 2023, Chief Executive Bill McDermott told a German newspaper.

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Chinese employees stole corporate secrets from Dutch semi-conductor equipment maker ASML, resulting in hundreds of millions of dollars in losses, leading Dutch financial newspaper Financieele Dagblad (FD) reported on Thursday. The paper said, citing its own investigation, technology had been stolen by high-level Chinese employees in the research and development department and leaked to the Chinese government.

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The wife of ousted Nissan boss Carlos Ghosn has arrived at Tokyo District Court, Kyodo News reported on Thursday, where she is expected to be questioned by prosecutors.

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Chinese employees stole corporate secrets from Dutch semi-conductor equipment maker ASML resulting in hundreds of millions of euros (dollars) in losses, leading Dutch financial newspaper Financieele Dagblad reported on Thursday.

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Executives at the largest U.S. banks are grappling with how to best talk about the slowing economy and its impact on their businesses as they enter earnings season, people familiar with their thinking told Reuters.

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Oil prices fell on Thursday, pressured as U.S. crude stockpiles surged to their highest levels in almost 17 months amid record production and as economic concerns cast doubt over growth in demand for fuel.

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Volkswagen AG is exploring purchasing a big stake in its Chinese electric vehicle joint venture partner JAC Motors and has tapped Goldman Sachs as an adviser on the plan, people with direct knowledge of the matter said.

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Asian stocks stepped back from near eight-month highs on Thursday and the dollar eased as European and U.S. central banks reinforced investor worries about the global economic outlook and trade protectionism.

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Oil prices fell on Thursday after U.S. crude stockpiles surged to their highest levels in almost 17 months amid record production.

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