Result Page 374 for Latest Business News & Archive

The Federal Reserve building is pictured in Washington

As Fed Warns Of Turbulence Ahead, Markets Remove Their Seat Belts

The Federal Reserve's hawkish message on inflation registered quickly in U.S. housing markets this summer as mortgage rates shot up and home sales slowed.

Exclusive-Kimmeridge Builds Stake In California Resources To Push For Changes-sources

Pump jacks operate in an oil field in Los Angeles

Kimmeridge Energy Management Company LLC has amassed a stake in California Resources Corp and is pushing the oil and gas producer to make changes that include selling some acreage to real estate developers, people familiar with the matter said.

Turquoise Hill Rejects Rio Tinto's $2.7 Billion Buyout Offer

Turquoise Hill Resources Ltd on Monday rejected an offer by majority shareholder Rio Tinto Ltd to buy the 49% stake it doesn't already own for $2.7 billion, as it did not reflect the Canadian company's full and fair value.

Bayer Launches Sustainable Agriculture Hub To Connect U.S. Farmers, Food And Fuel Makers

Agricultural seeds and chemicals maker Bayer AG on Monday launched a digital farming platform that it says will help U.S.

More news

Illustration photo of Australian dollars

Aussie, Kiwi Fall As China's Recovery Falters; Yuan Eases On Surprise PBOC Rate Cut

The risk-sensitive Australian and New Zealand dollars retreated from near two-month highs against the greenback on Monday due to dissappointing data from China, a key trading partner, while the Chinese yuan weakened after a surprise cut in interest rates.

China's industrial production rose 3.8 percent on-year in July, down from 3.9 percent in June, the National Bureau of Statistics (NBS) said Monday

China's Factory Output, Retail Sales Up In July But Weaker Than Expected

China's factory output, retail sales up in July but weaker than expected

The blockchain emerged from a 2008 white paper on bitcoin, which was conceived as an alternative to fiat currency

Has Blockchain Found A Use Beyond Crypto Trading?

Has blockchain found a use beyond crypto trading?

Stronger consumption and capital investment helped Japan's economy in the second quarter

Japan's GDP Expands In Q2 After Covid Curbs Lifted

Japan's GDP expands in Q2 after Covid curbs lifted

13,000 Pounds Of Frozen Pizza Recalled Over Possible Contamination With Metal Pieces

Customers who have the frozen pizzas are being advised not to eat them.

FILE PHOTO -A pump jack is seen surrounded by steam during sunset at a PetroChina's oil field in Karamay

Oil Prices Ease As Aramco Says Ready To Boost Crude Output

Oil prices dropped for a second session on Monday after the head of the world's top exporter, Saudi Aramco, said it is ready to ramp up output.

Tesla was hit by the closure of its factory in Shanghai, China for several weeks due to lockdown measures imposed because of a surge in Covid cases

Elon Musk Announces Tesla Has Produced Over 3 Million Vehicles

Tesla has seen a sharp rise in production after a supply shortage.

Aerial view of Apple's headquarters in Cupertino, California

Caste In California: Tech Giants Confront Ancient Indian Hierarchy

America's tech giants are taking a modern-day crash course in India's ancient caste system, with Apple emerging as an early leader in policies to rid Silicon Valley of a rigid hierarchy that's segregated Indians for generations.

Worker cycles near a factory at the Keihin industrial zone in Kawasaki

Japan's Economy Rebounds From COVID Jolt, Global Slowdown Clouds Outlook

Japan's economy expanded for the third straight quarter on solid private consumption, data for April-June showed on Monday, a sign the country was finally staging a much-delayed recovery from a COVID-induced downturn.

FILE PHOTO - People pass by an electronic screen showing Japan's Nikkei share price index inside a conference hall in Tokyo

Asia Shares Edge Higher, Wary Of Fed Words

Asian shares inched higher on Monday with investors anxious to see if Wall Street can sustain its rally as hopes U.S.

A handout picture released by Syria's official SANA news agency on July 2, 2022, shows a crater caused by a reported Israeli air strike in the western Syrian coastal city of Tartus

Israeli Strikes On Syria Kills Three Soldiers: State Media

Israeli strikes on Syria kills three soldiers: state media

Egyptian police guard the site of the blaze where over 40 people were killed

Electrical Fire Kills 41 In Cairo Coptic Church

Electrical fire kills 41 in Cairo Coptic church

Saudi Crown Prince Mohammed bin Salman (R) meets with US President Joe Biden at Al-Salam Palace in the Red Sea port city of Jeddah

Saudi Aramco Unveils Record Profits As Oil Prices Soar

Saudi Aramco unveils record profits as oil prices soar

A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq

Saudi Aramco Profit Soars On Higher Prices And Refining Margins

State oil giant Saudi Aramco on Sunday reported its highest quarterly profit since the company went public in 2019, boosted by higher oil prices and refining margins.

President and CEO of Saudi's Aramco, Amin H Nasser, speaks during the opening session of the International Petroleum Technology Conference (IPTC), in Riyadh, Saudi Arabia

Saudi Aramco's Amin Nasser: A Homegrown Engineer Who Reached The Top

At an industry event this year in Riyadh, the Saudi energy minister paused at about 9 p.m.

Saudi Aramco Unveils Record $48.4 Billion Profit In Q2

Saudi Aramco unveils record $48.4 billion profit in Q2

Kyiv and Moscow have traded accusations over several rounds of shelling on the Zaporizhzhia plant

Ukraine, Russia Accuse Each Other Of Nuclear Plant Strikes

Ukraine, Russia accuse each other of nuclear plant strikes

A sign at a T.J. Maxx store in Annapolis, Maryland, on May 16, 2022

'Now Hiring': US Employers Struggle To Find Enough Workers

'Now Hiring': US employers struggle to find enough workers

Bishop of Matagalpa Rolando Alvarez has been accused of trying to destabilize the country over his criticisms of President Daniel Ortega

Nicaragua's Presidential Couple In Insatiable Bid For Power, Experts Say

Nicaragua's presidential couple in insatiable bid for power, experts say

Some Twitch streamers are seeing a trend of viewers opting to listen to broadcasts as they might a radio show

Gaming Industry Feels Squeeze After Pandemic Boom

Gaming industry feels squeeze after pandemic boom

President Joe Biden is having a successful period and aides are optimistic about his chances against Republicans dominated by Donald Trump

Trump Vs Biden Again? The Documents Scandal Makes It More Likely

Trump vs Biden again? The documents scandal makes it more likely

Seven people were wounded, two critically, in the shooting attack on the bus

Seven Hurt, Two Seriously, In 'Terror Attack' On Jerusalem Bus

Seven hurt, two seriously, in 'terror attack' on Jerusalem bus

Taliban fighters disperse the protesters in Kabul

Taliban Violently Disperse Rare Women's Protest In Kabul

Taliban violently disperse rare women's protest in Kabul

The United States says it will reassert its rights in international air and sea space and intends to "fly, sail and operate" in the region between Taiwan and China, where these cargo ships are sailing the Taiwan Strait

US To Boost Taiwan Trade, Conduct Air, Sea Transits

A new trade plan will be unveiled within days, while US forces will transit the Taiwan Strait in the next few weeks, said Kurt Campbell, White House coordinator for Asia-Pacific issues and an adviser to President Joe Biden.

Potential Hack For Some Boeing Planes Fixed -researchers

A digital vulnerability in the computer systems used on some Boeing Co aircraft that could have allowed malicious hackers to modify data and cause pilots to make dangerous miscalculations has been fixed, security researchers said on Friday.

A sticker placed on a viaduct in Merida, Venezuela encourages people not to commit suicide

Venezuela's Suicide Epicenter Battles Further Deaths

Venezuela's suicide epicenter battles further deaths

Starboard Slashes Stake In Kohl's After Seeking To Buy It In January

Activist hedge fund Starboard Value, which had offered to buy Kohl's Corp for roughly $9 billion early this year, slashed its stake in the department store by more than 80% in the second quarter, according to a regulatory filing on Friday evening.

Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center, in Paris

Audi, Porsche, Kia Say U.S. EV Buyers Will Lose Tax Credit Under Legislation

Audi of America, Kia Corp and Porsche said on Friday that buyers of its electric vehicles will lose access to federal tax credits of up to $7,500 once President Joe Biden signs a $430 billion climate, health and tax measure.

The New York Times building is seen in Manhattan, New York

New York Times Taps Bank Of America Amid ValueAct Challenge - Sources

The New York Times Co has turned to Bank of America Corp and law firm Sidley Austin LLP for advice on how to handle a potential board challenge from ValueAct Capital Management LP, according to people familiar with the matter.

A sign of state-owned company Petroleos Mexicanos PEMEX is seen at a gas station in Monterrey

Mexico's Pemex Requests $6.5 Billion More Funding For 'Dos Bocas' Refinery -documents, Source

Mexico's state-oil company Pemex requested this week almost $6.5 billion in additional funding from the government to pay for works at the 'Dos Bocas' refinery this year, according to a document and two sources familiar with the matter.

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.

Get Listed

BUSINESS

Pages