April 29, 2019

Boeing CEO tries to bolster shareholder confidence after 737 MAX crashes

Boeing Co Chief Executive Dennis Muilenburg tried to bolster shareholder confidence in the company on Monday in his first general meeting since two fatal crashes of […]
April 29, 2019

Amazon speeds up shipping, but rivals’ stores buck its challenge

Amazon’s promise of one-day shipping threatens to upend the retail sector, but its rivals’ physical stores give the likes of Walmart and Target powerful assets that […]
April 29, 2019

ZTE Corp swings to first-quarter profit of 862.6 million yuan

China’s ZTE Corp reported on Monday a first-quarter profit of 862.6 million yuan ($128.2 million), as expected, up from 276 million yuan in the preceding three […]
April 29, 2019

Iran says U.S. sanctions on its oil industry will damage market stability

U.S. sanctions against Iran’s oil industry will damage the stability of global oil markets, a senior Iranian official was quoted as saying on Monday. Powered by […]
April 29, 2019

Anadarko to resume talks with Occidental on ‘superior’ $38 billion bid

Anadarko Petroleum Corp said on Monday it planned to resume talks with Occidental Petroleum Corp over its $38 billion bid lodged in competition with an earlier […]
April 29, 2019

Oil falls after Trump presses OPEC to offset Iran sanctions

Oil prices fell on Monday, extending the Friday decline that halted a weeks-long rally, after President Donald Trump demanded that producer club OPEC raise output to […]
April 29, 2019

U.S. oil-storage industry fines soar on air, water violations

Fines for violations of air, water and waste regulations by U.S. petroleum storage facilities so far this year have exceeded all of last year – even […]
April 29, 2019

Emirates says full-year results will not be as good as in previous years

Dubai state-owned airline Emirates will report “positive” full-year results next month but they will not be as good as in previous years due to higher fuel […]
April 29, 2019

Spotify revenue beats on higher paid subscriber addition, shares rise

Spotify Technology SA reported a better-than-expected rise in first-quarter revenue on Monday as the music streaming company hit 100 million paid subscribers for its premium service, […]
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