Business

Exclusive: Shell And Anadarko Mull Clean Break From Permian Venture – Executive

Royal Dutch Shell Plc (RDSa.L) and Anadarko Petroleum Corp (APC.N) may let a 10-year joint venture in the oil-rich Permian Basin of Texas expire and split their properties, hoping to speed up development, according to a senior Shell executive. The...

Toshiba Wants Westinghouse To File For Bankruptcy As Early As Tuesday: Source

Toshiba Corp wants its U.S nuclear unit to file for Chapter 11 protection from creditors as early as Tuesday, according to a source with direct knowledge of the matter, seeking a quick ringfencing of losses before the Japanese parent's...

Markets Fret As Trump Agenda Shows Signs Of Cracks

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The steepest pullback in stocks since the U.S. presidential election reveals investor angst about President Donald Trump's ability to push through major reforms, leaving stocks vulnerable to a long-anticipated correction. The S&P 500, in its second longest bull market ever,...

Clearly No Time For ECB To Stop Easy Monetary Policy: Villeroy

It is clearly not yet time for the European Central Bank to stop pursuing accommodative monetary policies, even as inflation is moving towards its target, French central bank chief Francois Villeroy de Galhau said on Wednesday. Still, ECB policy is...

Oil Prices Slide On Bulging U.S. Crude Inventories

Oil prices slipped back to three-month lows on Wednesday after data showed U.S. crude inventories rising faster than expected, piling pressure on OPEC to extend output cuts beyond June. A deal between the Organization of the Petroleum Exporting Countries and...

Google Unveils Tools To Prevent Ads Alongside Undesirable Content

SAN FRANCISCO, March 21, (THEWILL) - Google, which has seen a slew of companies withdraw ads after they appeared alongside extremist content, said Tuesday it was introducing new tools to give firms greater control. “We know advertisers don’t want their...

Futures Up On Fed’s Dovish Rate-Hike Outlook

U.S. stock index futures rose on Thursday after the Federal Reserve raised interest rates for the first time this year, but indicated it was in no hurry to increase the pace of tightening. Drawing on continued strength in the labor...

Yahoo Cyber Indictment Shows Kremlin, Hackers Working Hand-In-Hand

Wednesday's indictments in the United States of four people in a 2014 cyber attack on Yahoo Inc (YHOO.O) provides the clearest details yet on what some U.S. officials say is a symbiotic relationship between Moscow's security services and private...

Toshiba Tec Shares Rise More Than 6 Percent On Sale Report

Shares in Toshiba Tec Corp (6588.T) rose more than 6 percent in early Monday trading after a report that Toshiba Corp (6502.T), the parent, is considering selling shares in the company. Toshiba Corp denied a Nikkei business daily report that...

Ford’s Lincoln Plans To Produce Luxury SUV In China By Late 2019

Ford Motor Co's (F.N) luxury unit Lincoln plans to produce luxury SUVs in China by late 2019, as it steps up its move into the world's largest auto market and aims to catch up with German and U.S. rivals...