The Chinese city of Zhoushan is in talks with oil major Exxon Mobil Corp to build a $7 billion ethylene plant in the city south of Shanghai, it said in a statement released on Wednesday.
Even as crude prices hover near four-year highs, U.S. oilfield service firms’ third-quarter results due out in coming days will reflect a shaky recovery, as their customers face drilling constraints and pressure to hold down spending.
Fujifilm Holdings Corp has won an appeal in its legal battle with Xerox Corp , with a U.S. court overturning preliminary injunctions requested by activist investors that had blocked a planner merger.
Asian equities got some welcome relief on Wednesday after upbeat U.S. earnings reports drove a rebound on Wall Street and helped restore a little faith in emerging market stocks and currencies.
Asian equities got some much needed relief on Wednesday after upbeat U.S. earnings reports drove a rebound on Wall Street and helped restore a little confidence in emerging market stocks and currencies.
Netflix Inc hooked 7 million new streaming subscribers from July to September, a third more than Wall Street had expected, reassuring investors who had worried the company was facing a slowdown in its fast-paced growth.
Tesla Inc and General Motors Co , which have lobbied Congress to lift a cap on electric vehicles eligible for a $7,500 tax credit, could get their way for up to four years under a new proposal from a Republican senator.
CSX Corp on Tuesday reported quarterly profit that topped Wall Street’s view and raised its full-year revenue forecast, as the No. 3 U.S. railroad operator benefited from ongoing cost-cutting and higher prices for moving freight.
The U.S. economy sits atop of the World Economic Forum’s annual global competitiveness survey for the first time since the 2007-2009 financial crisis, benefiting from a new ranking methodology this year, the Swiss body said on Tuesday.
Honda Aircraft Co chief executive Michimasa Fujino said on Tuesday he expects deliveries of the HondaJet to rise in 2019 above the estimated 50 aircraft customers will take this year, as the light business plane maker targets Asia for growth.
IBM Corp reported a bigger-than-expected drop in revenue on Tuesday, hit by slowing software sales and wavering demand for mainframe servers, pointing to a bumpy recovery for the technology services giant that is in the midst of a turnaround.
Netflix Inc hooked 7 million new streaming subscribers from July to September, a third more than Wall Street had expected, reassuring investors who had worried the company was facing a slowdown in its fast-paced growth.
Target Corp will dedicate nearly a quarter of a million square feet of new space to its toy business across 500 of its stores, the retailer said on Tuesday, part of an effort to win more holiday sales.
Helix TCS (OTC: HLIX) CEO Zachary Venegas talks cannabis industry M&A in technology and security services.
United Airlines posted solid third-quarter profit on Tuesday and raised its 2018 outlook for the third time this year, helped by its strategy to add flights at three mid-continent U.S. hubs: Chicago, Denver and Houston.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
