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Exxon Mobil's fading star: no longer the biggest US energy company

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Trump sees no deadline for China deal, prefers it post-election

The president and his aides have uttered a laundry list of variations of "close" for years when promising a China trade deal that remains an elusive trophy miss...

Buick Regal won't return for 2021

Buick cites the fact that 90 percent of its sales in 2019 have been of crossovers as the main reason, but notes that the Regal will remain on the Chinese market...

RBI Keeps Rates on Hold Despite Economy Fears

The report further noted that the macro mix for India has deteriorated further lately, with the RBI revising FY 2019/20 growth down to 5.0 percent (6.1 perc...

Donald Trump Says Trade Talks With China Going "Very Well"

If a deal like that can not be reached, however, President Trump is determined to "defend America and to defend the American economy and defend the American w...

USA jobs growth jumps in November

United States manufacturing employment rebounded by 54,000 jobs last month as GM strike returnees boosted payrolls in the auto sector. There had been some fea...

OPEC prepares to deepen oil production cuts

According to the agency's data, the supply of oil exceeded global demand by 0.9 million barrels per day (bpd) in the first half of 2019. Oil gained on Decembe...

US Stocks Edge Higher on Positive Economic Data

Hong Kong's Hang Seng rose 0.7% to 26,389.36 while the Nikkei 225 in Japan rose 0.3% to 23,358.72. The Australian S & P ASX 200 gained 0.3% to 6,700.20. The Do...

Uber reports more than 3,000 sexual assaults on 2018 rides

Uber, which in the past has faced criticism over safety on its platform and has been repeatedly hit with lawsuits over driver misconduct, previous year committe...

US trade gap narrows 7.6% to $47.2 billion in October

The trade gap is still 1.3 percent wider so far this year than it was in January-October 2018, despite dropping in September and October. Analysts at Wells Fa...

Saudi Aramco raises $25.6 billion in largest-ever IPO

Saudi Aramco's IPO is the largest in history, but fell significantly short of the $2 trillion valuation originally promised by Crown Prince Mohammed bin Salman...

Bank of Canada Sees Enough Resilience to 'Chart its Own Course'

The speech is in line with an upbeat tone in the rate statement Wednesday that indicated the Bank of Canada is comfortable in its current wait-and-see stance, d...

Canadian National Railway Sees Strike Impact C$0.15 of EPS

Volatility indicates the pricing behavior of the security and helps estimate the fluctuations that may happen in a short period of time. It paid out more than ...

Huawei Appeals Against 'Unlawful' US Subsidy Ban

The order "exceeds the FCC's statutory authority and violates federal law, the Constitution, and other laws", the company said in its filing (see below). ...

McDonald's And Ford Team Up To Build Car Parts From Coffee Waste

According to Ford , the newly created chaff composite meets quality specifications and also becomes 20% lighter as well as using 25% less energy to develop. Th...

RBI policy: MPC springs a surprise; keeps repo rate unchanged at 5.15%

The central bank raised its inflation forecast to 4.7% to 5.1% for the half year between October 2019 and March 2020, and slashed its GDP growth forecast from...

Elon Musk on Trial for Defamation Over 'Pedo Guy' Tweet

Musk said the insult meant only "creepy old man" and did not literally mean he was calling Unsworth a pedophile. The episode began after Mr Musk offered a...

British Rail Union Starts Month-long Strike

The union has alleged that the failure to come to terms over the future pattern of on-train staffing and the role of guards was for "political" reasons, while S...

Trump, Commerce Secretary Send Signal That China Deal Can Wait

President should have been dispelled, as his recent tweets and comments have almost wiped out the entirety of November's gains", said Ian Williams, economics & ...

Oil prices gain as investors eye deeper OPEC cuts

Many experts concur that the group, dubbed as OPEC +, should make deeper cuts to the current oil production level to boost crude oil prices . Brent futures ...

U.S. facing possible french fry shortage due to weak potato harvest

The US Department of Agriculture estimates a 6.1 percent drop in potato output - the lowest since 2010 - and the United Potato Growers of Canada estimate that...

OPEC+ Set to Debate Oil-Cut Cheating as Russia Seeks Rule Change

Oil jumped above $61 a barrel on Monday, supported by hints that OPEC and its allies may agree to deepen output cuts at a meeting this week and as rising manu...

Saudi Aramco IPO secures orders worth $38 bln from institutions

The world's most profitable company is seeking to raise around US$25 billion (RM104 billion) - a fraction of the US$100 billion it once sought - from its much-d...

China's manufacturing PMI edges up in November

The Purchasing Managers' Index ( PMI ) for China's manufacturing sector edged up to 50.2 in November from 49.3 in October, the National Bureau of Statistics ...

Primed to retaliate with European Union over USA tariff threat against Paris

Speaking in London on Tuesday morning ahead of a North Atlantic Treaty Organisation alliance summit, Trump said he would not allow France to take advantage of...

Google back in EU's antitrust crosshairs

The Commission is particularly interested in the local search, advertising and web browser services Google provides, Reuters said . Regulators also wanted ...

Riot Games to Pay Out $10 Million in Gender Discrimination Lawsuit

Los Angeles-based Riot Games produced " League of Legends ", the world's most popular competitive video game. The news follows Riot's announcement in August ...

Cyber Monday 2019: Save $100 on this Dyson vacuum

For most of the Cyber Monday deals, customers can choose free two-day shipping or the option to pick up their Walmart.com order at a local store the same day, t...

USTR Slams France's Digital Services Tax, Considers 100% Tariffs on French Products

The U.S. Trade Representative's office said its "Section 301" investigation found that the French tax was "inconsistent with prevailing principles of worldwid...

Evacuation slide accidentally falls from plane into Boston backyard

Nobody was hurt and Delta recovered the slide. 'If it had hit us, we would have been dead - it's that heavy, ' Leguia told the Boston Herald . Boston Loga...

Fiat Chrysler and union reach tentative contract deal in US

Fiat Chrysler and the United Auto Workers union have reached a provisional employment contract calling for billions in new investments and thousands of new j...

Elon Musk will reveal Tesla's 'cybertruck' on November 21

Elon Musk revealed his Cybertruck to the world last week and despite a part of the demonstration that failed to make the windows of the vehicle look as durabl...

China's industry kicks off in November

China's factory activity rebounded for the first time in seven months in November, data showed on Saturday, despite the looming threat of the new U.S. A sub...

French protesters deliver a message to Amazon as sales backlash gathers pace

French retailers have embraced Black Friday, named for the sales held on the first Friday after the U.S. Thanksgiving holiday when retailers typically heavily d...

Online sales break Black Friday record in US

LOL Surprise Dolls topped the list of best sellers, followed by Frozen 2 themed merchandise. This holiday shopping season may be the most harried in years b...

Twitter Boss Jack Dorsey Wants To Live In Africa

Lagos, Nigeria's chief executive ( CNN Business) Twitter Jack Dorsey has closed a whirlwind tour of Africa with a promise to move to the continent for seve...