China telecom firm ZTE removed from U.S. trade blacklist China telecom firm ZTE removed from U.S. trade blacklist:- The U.S. Department of Commerce will remove Chinese telecommunications equipment maker ZTE Corp (000063.SZ) from a trade blacklist on Wednesday after the company pleaded guilty to violating sanctions on Iran and agreed […]

Facebook Messenger app adds live location-sharing Facebook Messenger app adds live location-sharing:- Facebook Inc added a feature to its Messenger app on Monday to allow users to share their locations continuously for up to an hour, ramping up competition with tools offered by Apple Inc and Alphabet Inc's Google Maps. The company has […]

American Airlines takes $200 million stake in China Southern American Airlines takes $200 million stake in China Southern:- China Southern Airlines Co Ltd (1055.HK)(600029.SS) said on Tuesday it would issue HK$1.55 billion ($199.6 million) worth of shares to a subsidiary of American Airlines Group Inc (AAL.O), giving the U.S. airline […]

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 […]

Twitter explores subscription-based option for first time Twitter explores subscription-based option for first time:- Twitter Inc (TWTR.N) is considering whether to build a premium version of its popular Tweetdeck interface aimed at professionals, the company said on Thursday, raising the possibility that it could collect subscription fees from some users […]

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 […]