March 1, 2019

Big U.S. pension funds ask electric utilities for decarbonization plans

Top U.S. pension funds are asking electric utilities to accelerate efforts to cut carbon emissions but will not force the issue with proxy resolutions this spring, […]
March 1, 2019

Norway’s Aker BP switching gears from M&A to exploration

Norwegian oil and gas company Aker BP is switching emphasis from M&A toward exploration, taking a potentially riskier path to increase its resources after years when […]
March 1, 2019

JPMorgan keeps Venezuela in emerging bond indexes: fund managers

JPMorgan has retained dollar-denominated debt issued by Venezuela and its state-run oil company PDVSA in a key emerging market bond index as part of its monthly […]
March 1, 2019

Canada seen approving extradition hearing against Huawei executive

Canada is likely to announce on Friday that an extradition hearing against a Huawei Technologies Co Ltd executive can proceed, legal experts said, worsening already icy […]
March 1, 2019

Growing China downdraft chills Asia factory activity

Weak demand in China and growing global fallout from the Sino-U.S. trade war took a heavier toll on factories across much of Asia in February, business […]
March 1, 2019

Pompeo says world should have eyes wide open about Chinese tech risks

U.S Secretary of State Mike Pompeo said on Friday that the world should be “eyes wide open” about the risks of using Chinese technology, and that […]
March 1, 2019

China P2P lender Dianrong closing 60 stores, laying off 2,000 employees: source

Dianrong, one of China’s biggest peer-to-peer (P2P) lenders, is shutting down 60 of its 90 offline stores and laying off an estimated 2,000 employees, a source […]
March 1, 2019

Gap to separate Old Navy brand, close stores; shares soar 25 percent

Gap Inc will separate its better-performing Old Navy brand and shutter about 230 stores of its struggling namesake apparel business, in one of its biggest restructuring […]
March 1, 2019

Tesla debuts $35,000 Model 3, sees loss in first quarter

Tesla Inc said on Thursday it would not be profitable in the first quarter, as it offered for the first time a $35,000 version of its […]
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