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Pioneer Natural CEO calls out shale industry for Permian Basin gas flaring

The chief executive of Pioneer Natural Resources , Scott Sheffield, on Tuesday called on producers in the top U.S. shale field to limit natural gas flaring and monitor for methane leaks.



5 years ago

TikTok stresses its independence from China but U.S. lawmakers are unconvinced

TikTok, a video app popular with teens, stressed its independence from China in a letter to U.S. lawmakers but failed to convince Senator Josh Hawley, who chaired a hearing on Tuesday on the security of U.S. citizens' personal data.



5 years ago

Struggling Norwegian Air raises $272 million from share sale, bond issue

Norwegian Air on Tuesday raised 2.5 billion crowns ($272.31 million) to meet the struggling airline's cash needs through 2020 with its third share sale in two years and a bond issue.



5 years ago

Trump-Xi meeting in Iowa would be poignant reminder of better U.S.-China ties

U.S. President Donald Trump's suggestion that he could sign a trade deal with Chinese President Xi Jinping in Iowa has set off a flurry of excitement in Muscatine, Iowa, a city on the banks of the Mississippi River that has hosted Xi twice since 1985.



5 years ago

Tinder-owner Match forecast hit by rising competition, shares down

Tinder-owner Match Group Inc forecast fourth-quarter revenue below Wall Street estimates on Tuesday as it faces stiff competition from rival online dating services, sending its shares down about 15% in extended trading.



5 years ago

Asian markets tread water as investors await clues on trade

Asian shares were little changed on Wednesday as investors awaited new developments toward scaling back a bruising trade war between the United States and China.



5 years ago

Iowa? Greece? Where Trump and Xi may meet becomes new trade deal issue

The United States and China are working to narrow their differences enough to sign a "phase one" trade deal as early as this month, but suggestions for a signing venue range from Alaska to Greece.



5 years ago

In review of fatal Arizona crash, U.S. agency says Uber software had flaws

An Uber self-driving test vehicle that struck and killed an Arizona woman in 2018 had software flaws, the National Transportation Safety Board said Tuesday as it disclosed the company's autonomous test vehicles were involved in 37 crashes over the prior 18 months.



5 years ago

Virgin Australia to cut domestic capacity by 2%, axe a Hong Kong route

Virgin Australia Holdings Ltd plans to cut domestic capacity by at least 2% in the second half of the 2020 financial year, axe its Melbourne-Hong Kong route and remove five aircraft from its fleet, its chief executive said on Wednesday.



5 years ago

Oil slips on huge U.S. crude build; hopes for U.S.-China trade talks check losses

Oil prices dropped on Wednesday after industry data showed a larger-than-expected build-up in U.S. crude stockpiles, but expectations for an easing of trade tensions between the United State and China capped losses.



5 years ago

U.S. Justice Dept sets up anti-price collusion 'strike force'

The Justice Department said on Tuesday it had created a strike force that will identify and prosecute companies that fix prices or collude to push up the cost of billions of dollars' worth of U.S. government purchases.



5 years ago

Stocks grind lower as markets await clues on trade talks

Asian shares pulled back slightly on Wednesday as investors awaited new developments toward scaling back a bruising trade war between the United States and China.



5 years ago

Virgin Australia to trim domestic capacity, axe a Hong Kong route

Virgin Australia Holdings Ltd said on Wednesday it plans to cut domestic capacity by at least 2% and remove five aircraft from its fleet as it grapples with stagnant demand.



5 years ago

Oil falls as big U.S. crude build offsets hopes for U.S.-China trade talks

Oil prices fell on Wednesday, pulled down by a larger-than-expected build-up in U.S. crude stocks, after gaining for three straight sessions on expectations of an easing of in U.S.-China trade tensions.



5 years ago

Ross says phase one trade deal with China will be good start

U.S. Commerce Secretary Wilbur Ross said on Tuesday that very good progress was being made towards completing a phase one trade agreement with China and he was hopeful that it would be a precursor to a much more robust agreement.



5 years ago