AIG executives meet analysts to push resiliency message AIG executives meet analysts to push resiliency message:- American International Group Inc (AIG.N) executives have been meeting with investors and analysts to build confidence in the insurer and its turnaround plan amid uncertainty over a replacement for outgoing Chief Executive Officer Peter […]
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U.S. shale leaves thousands of wells unfinished U.S. shale leaves thousands of wells unfinished:- U.S. shale producers are drilling at the highest rate in 18 months but have left a record number of wells unfinished in the largest oilfield in the country – a sign that output may not rise […]
Oil edges up as Saudis cut supplies to U.S., but global glut remains Oil edges up as Saudis cut supplies to U.S., but global glut remains:- Oil prices edged up on Friday, supported by a fall in Saudi exports to the United States, but overall markets remained under pressure on the […]
Dollar, stocks edge up as U.S. healthcare vote back on Dollar, stocks edge up as U.S. healthcare vote back on:- The dollar recouped a little lost ground on Friday amid signs a delayed vote on President Donald Trump's healthcare bill would go ahead later in the day, though it remained […]
Oil bounces off November lows, but bloated U.S. stockpiles pressure market Oil bounces off November lows, but bloated U.S. stockpiles pressure market:- Oil prices recovered on Thursday from losses chalked up the session before, but the market remained under pressure as bloated U.S. crude inventories and rising output dampen OPEC-led […]
Airbnb embarks on China push with more staff, local name Airbnb embarks on China push with more staff, local name:- U.S. short-term rental giant Airbnb Inc will triple its China staff this year as it targets the country's millennial consumers, its chief executive said on Wednesday, even as the Silicon […]
Oil prices fall on bloated U.S. crude storage Oil prices fall on bloated U.S. crude storage:- Oil prices dipped on Wednesday as rising crude stocks in the United States underscored an ongoing global fuel supply overhang despite an OPEC-led effort to cut output. At 0803 GMT, prices for front-month Brent crude […]
Luxury goods group Hermes delivers record 2016 profit margin Luxury goods group Hermes delivers record 2016 profit margin:- French luxury goods group Hermes (HRMS.PA) said on Wednesday it was starting 2017 on a solid footing after delivering record 2016 profits, providing further evidence of a broader recovery in the luxury […]
Toshiba Westinghouse seeks U.S. bankruptcy financing Toshiba Westinghouse seeks U.S. bankruptcy financing:- Westinghouse Electric Co LLC, the nuclear power plant developer owned by Japanese electronics company Toshiba Corp (6502.T), is taking offers for a financing package to help it go through U.S. bankruptcy, people familiar with the matter said on Monday. Toshiba is […]
Fed on track to raise U.S. rates twice more this year Fed on track to raise U.S. rates twice more this year:- The Federal Reserve is on track to raise interest rates twice more this year after a policy tightening last week, and it could be more or less aggressive […]
