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Samsung Electronics may build U.S. plant for home appliances: source

February 2, 2017 by · Leave a Comment 

Samsung Electronics Co Ltd may build a U.S. plant for its home appliances business, a person familiar with the matter said, the latest global firm to consider a response to criticism about imports from new U.S. President Donald Trump. The new U.S. administration

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Samsung Electronics may build U.S. plant for home appliances: source

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Ministers positive on OPEC, non-OPEC oil output cuts

January 22, 2017 by · Leave a Comment 

Energy ministers from OPEC and non-OPEC countries meeting in Vienna on Sunday have struck a positive note regarding their agreement to cut oil output as a committee set to monitor compliance with the deal meets for the first time. Kuwaiti oil minister Essam Al-Marzouq, who chairs the five-member compliance committee, said it would examine how to

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Ministers positive on OPEC, non-OPEC oil output cuts

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Foxconn CEO says investment for display plant in U.S. would exceed $7 billion

January 22, 2017 by · Leave a Comment 

Foxconn, the world's largest contract electronics maker, is considering setting up a display-making plant in the United States in an investment that would exceed $7 billion, company chairman and chief executive Terry …

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Foxconn CEO says investment for display plant in U.S. would exceed $7 billion

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Businesses can unlock $12 trillion via key development goals: Davos study

January 16, 2017 by · Leave a Comment 

Companies could unlock at least $12 trillion in market opportunities by 2030 and create up to 380 million jobs by implementing a few key development goals, according to a study by a group including global business and finance leaders.

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Businesses can unlock $12 trillion via key development goals: Davos study

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U.S. loses bid to overturn AmEx antitrust decision

January 6, 2017 by · Leave a Comment 

A federal appeals court on Thursday rejected the U.S. government's request that it reconsider its decision allowing American Express Co to stop merchants from encouraging customers to use rival cards that charge lower fees. Without comment, the 2nd U.S. Circuit Court of Appeals let stand its Sept. 26 reversal of

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U.S. loses bid to overturn AmEx antitrust decision

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Boeing nears $10.1 billion order from India’s Spicejet: Bloomberg

January 6, 2017 by · Leave a Comment 

(Reuters) – Indian budget airline SpiceJet Ltd is expected to order at least 92 Boeing Co 737 jetliners, as it looks to bolster its presence in the world's fastest growing aerospace market, Bloomberg reported on Thursday.

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Boeing nears $10.1 billion order from India’s Spicejet: Bloomberg

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Trump hits Toyota in latest broadside against carmakers and Mexico

January 6, 2017 by · Leave a Comment 

U.S. President-elect Donald Trump targeted Toyota Motor Corp on Thursday, threatening to impose a hefty fee on the world's largest automaker if it builds its Corolla cars for the U.S. market at a plant in Mexico. “Toyota Motor said …

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Trump hits Toyota in latest broadside against carmakers and Mexico

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Exclusive: In mammoth task, BP sends almost three million barrels of U.S. oil to Asia

December 7, 2016 by · Leave a Comment 

Oil major BP is shipping almost three million barrels of U.S. crude to customers across Asia, pioneering a lengthy and complex operation likely to become more popular after OPEC last week announced deep production cuts. BP's efforts, involving one of the world's longest sea routes, seven tankers and a series of ship-to-ship transfers, underscore a desire among oil traders to develop new routes to sell swelling supplies of cheap…

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Exclusive: In mammoth task, BP sends almost three million barrels of U.S. oil to Asia

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Aixtron, Fujian to explore what is left of deal after U.S. veto

December 4, 2016 by · Leave a Comment 

German semiconductor equipment maker Aixtron will explore with its Chinese suitor what can be salvaged of the planned takeover after a U.S. presidential order ruled the deal posed a national security risk, the company said on Saturday. U.S. President Barack Obama blocked China's Fujian Grand Chip Investment Fund (FGC) from acquiring Aixtron's U.S. business, the Treasury Department said on Friday. “The bidder and Aixtron are evaluating the …

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Aixtron, Fujian to explore what is left of deal after U.S. veto

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Novartis CEO plays down prospects for Actelion bid: Blick

December 4, 2016 by · Leave a Comment 

Novartis Chief Executive Joe Jimenez has played down suggestions the Swiss drugmaker could bid for Swiss biotech group Actelion, which is in talks with U.S. healthcare group Johnson & Johnson about a transaction. Asked by Swiss Sunday newspaper SonntagsBlick

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Novartis CEO plays down prospects for Actelion bid: Blick

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