The world's largest oil traders are pouring hundreds of millions of dollars into climate-friendly projects - including wind farms, cow manure plants and blue hydrogen - as they seek to match the profits they make from trading oil.
The world's big oil trading firms are investing heavily in environmentally-friendly projects as they face increasing pressure from investors, governments, activists and financiers to find a sustainable business model.
Asian shares and Wall Street futures nudged higher on Wednesday amid hopes the worst of the coronavirus in China may have passed, although prevailing uncertainty about the outbreak has kept investors wary.
America Movil , the Mexican telecommunications giant, on Tuesday reported a fourth-quarter net profit of 21.19 billion pesos ($1.12 billion), up 63% from the same period last year.
The U.S. Federal Aviation Administration says it should have done a better job of ensuring Southwest Airlines Co had certified completion of maintenance on 88 used Boeing 737 jets, as noted in a report by the U.S. Transportation Department's Inspector General released on Tuesday.
The air cargo market is unlikely to grow this year because of the challenges posed in the China market due to the coronavirus, a senior executive at Boeing Co said on Wednesday.
SoftBank Group Corp stock surged to its highest price in over half a year in Tokyo on Wednesday, after a U.S. federal judge rejected an antitrust challenge to the proposed takeover of subsidiary Sprint Corp by T-Mobile US Inc .
Oil prices climbed on Wednesday as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel demand in the world's second-largest oil consumer may begin to recover from the epidemic.
Rolls-Royce is "open-minded" on whether it will join Boeing in a fresh attempt at addressing the midsize jet market after pulling out of an earlier effort over timing, a top company official said on Wednesday.
Samsung Electronics on Tuesday unveiled a foldable smartphone shaped like a large makeup compact and put 5G mobile network capabilities into all of its other flagship devices as it strives to retain the mantle of biggest global phone company.
America Movil , the Mexican telecommunications giant, on Tuesday reported a fourth-quarter net profit of 21.19 billion pesos ($1.12 billion), up 63% from the same period last year, helped by reduced costs and currency appreciation.
Singapore kicked off Asia's largest aerospace event under heightened scrutiny on Tuesday as thousands of visitors shunned the Singapore Airshow over coronavirus fears, while all eyes were on a sensitive fly-off between U.S. and Chinese fighters.
Forbes | Oluwaseun Adeyanju | Feb 10, 2020 African startups raised a record $1.34 billion in venture capital in 2019, up from just under $200 million in 2015, according to WeeTracker, a media firm focused on the African entrepreneurship space. That’s about a 46.3% increase on a compound annual growth rate (CAGR) basis. WeeTracker estimates
A Chinese media company said it will lay off 500 employees due to the coronavirus outbreak, the latest among a string of firms to do so in the past two weeks as the epidemic takes a toll on small-to-medium sized businesses.
Oil prices rose more than 1% on Tuesday in sympathy with a rally in equity markets but investors remained jittery over the Wuhan virus that has now killed over 1,000 in China.