Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2 years as the pandemic drove demand for container ships, leaving little room to meet the needs of the liquefied natural gas (LNG) sector, a senior company executive said.
Partner concerned for health of journalist detained in China
World shares were largely steady on Thursday after recent weakness as bets Saudi Arabia may boost crude production cooled down oil prices, helping balance concerns over surging inflation and monetary policy tightening.
Russia is heavily reliant on imports of everything from manufacturing equipment to consumer goods, and economists believe the worst effects of the sanctions are still to come.
The U.S. dollar eased across the board on Thursday, ceding some of the ground gained in recent sessions as firmer risk sentiment prompted investors to reach for higher-yielding currencies.
The U.S. dollar fell across the board on Thursday, ceding ground gained in recent sessions as firmer risk sentiment prompted investors to reach for higher-yielding currencies.
The dollar hit a three-week high against the yen in early trade on Thursday and held its gains against other majors, supported by this week's advances in U.S.
The dollar hit a three-week high against the yen in early trade on Thursday and was holding firm against other majors, supported by rising U.S.
Bread factory holds tough as Ukraine hopes for recovery
Meta Platforms veteran Javier Olivan is taking over as the company's chief operating officer after playing a crucial but largely behind-the-scenes role stoking the social media company's explosive growth for 15 years.
Battered emerging market currencies will struggle to hold on to recent gains towards year-end as U.S.
Oil rose more than 1% on Thursday after U.S. crude inventories fell more than expected amid high demand for fuel, shrugging off OPEC+'s agreement to boost crude output to compensate for a drop in Russian production.
Oil prices were little changed after erasing early losses on Thursday after OPEC+ agreed to boost crude output to compensate for a drop in Russian production.
Oil prices fell on Thursday as investors cashed in on a recent rally ahead of a key producers meeting later in the day, with some speculation that Saudi Arabia may boost oil production in response to urging by the United States.
Oil prices fell on Thursday on speculation that Saudi Arabia and other OPEC members may boost crude output to compensate for a drop in Russian production.
Oil prices fell by around $3 a barrel in early Asian trade on Thursday as investors cashed in on a recent rally with a key producers meeting later in the day set to pave the way for expected output increases.
Oil prices fell on Thursday as investors cashed in on a recent rally ahead of a key producers meeting later in the day, with some speculation that Saudi Arabia may boost oil production in response to urging by the United States.
Meta's second most powerful executive Sheryl Sandberg made the shock announcement Wednesday that she will leave after a 14-year tenure that included helping steer scandal-prone Facebook to advertising dominance.
The U.S. dollar is set to clear its recent weak period unscathed and remain dominant because the number of reasons supporting it, including its safe-haven status, still strongly outweigh any reason to sell, according to a Reuters poll.
A near doubling in benchmark cotton futures to 11-year highs, hard on the heels of a spike in freight and fuel prices, is clobbering Asian apparel makers while their global retail customers are reluctant to soak up the extra costs.
Queen Elizabeth II kicks off historic jubilee celebrations
The San Francisco-based company reported first-quarter financial results that beat analyst estimates and gave upbeat guidance for the future.
Sheryl Sandberg, key executive at Facebook's Meta, to step down
Meta Platforms Inc Chief Operating Officer Sheryl Sandberg, whose close partnership with Chief Executive Officer Mark Zuckerberg powered the growth of the world's biggest social network, is leaving the company after 14 years, she said in a Facebook post on Wednesday.
Mexico needs to invest nearly 4% of its gross domestic product annually to build 800,000 housing units a year over the coming two decades to keep up with demand, a study showed Wednesday.
The economy in the majority of regions in the United States expanded at a modest or moderate growth pace in April through late May and there were some tentative signs that the Federal Reserve's actions to cool demand were beginning to be felt, a Fed report showed on Wednesday.
Price differences between U.S. light and heavy crude oil grades have been widening, pricing data showed, as refiners around the world have been snapping up less-dense crude grades for more gasoline production.
U.S. prosecutors in Manhattan on Wednesday charged a former product manager at OpenSea, the largest online marketplace for non-fungible tokens, with insider trading, the first such case involving digital assets.
Russia seeks to 'minimise' effects of EU oil ban, gas exports down
Ford Motor Co needs to overhaul its century-old business model - from slashing advertising spending to reworking its dealer network - if it is to earn enough profit on electric vehicles to compete with Tesla and others, the automaker's chief executive said on Wednesday.
