U.S. shale player Noble Energy Inc. said it took a loss during the second quarter despite setting a record in terms of the amount of oil and natural gas sold. Noble, which holds an interest in key shale basins in Texas and Colorado, said it sold a record level of ... Read More »
Concern over Chinese retaliation in response to the deployment of the U.S. anti-missile defense system THAAD is mounting in South Korea and among South Korean businesses in China. Several sources told local news service Money Today on Friday they are monitoring the situation for any trade-related restrictions that could be ... Read More »
In order to prevent the destruction of fisheries, regulations limit the amount of fish that can be caught in Caribbean islands, but researchers fear ineffective methods of counting catches threaten to destroy marine life and the fishing industry. The number of fish caught in the Turks and Caicos Islands may ... Read More »
– Samsung unveiled the Galaxy Note 7 — a large-screen cellphone — on Tuesday in an attempt to take business from rival Apple. The Galaxy Note7, with a retail price of $849.99, will become available on Aug. 19 and all four carriers — AT&T, Sprint, T-Mobile, Verizon — and retailers ... Read More »
BEIJING—The World Health Organization has warned China that its coveted Silk Road program can result in the spread of disease, because movements of people and goods can transfer viruses, too. “We have learned from many years of experience that with movement of people, goods and services, diseases also move around,” Margaret ... Read More »
A better-than-expected jobs report for July from the U.S. Department of Labor sent two stock indices into record territory on Friday. The Dow Jones Industrial Average climbed nearly 200 points by Friday afternoon (to close at 18,543.53), nudging the index into positive ground for the week. The S&P 500 and ... Read More »
Uber Technologies announced plans Monday to sell its business in China to rival ride-hailing service Didi Chuxing in a deal that values the merged Chinese company at $35 billion. U.S.-based Uber will receive a 17.7 percent economic stake in the combined company, according to a statement issued by Didi. Uber ... Read More »
Rig company Transocean said it consolidated its holdings and said Monday it grabbed a majority interest in three additional offshore drilling assets. Transocean said it agreed to acquire any outstanding shares in its limited liability component Transocean Partners, which becomes 100 percent owned by Transocean Ltd. The deal means the ... Read More »
A lunar exploration company received government approval Wednesday to launch a commercial unmanned mission to the moon sometime next year. Moon Expressed formally received approval from the Federal Aviation Administration to launch its MX-1 lunar lander there in 2017. “Moon Express received the green light for pursuing its 2017 lunar ... Read More »
Country’s third largest private sector lender Axis Bank on Friday said it is ready with a Unified Payments Interface(UPI) app, while it also announced a tie-up with digital payments company Freecharge for it. “UPI is yet to become operational, but we are ready with our application and will have a ... Read More »
Latest technologies in analytical lab equipment and quality control are on display at the third edition of PharmaLytica, which began here on Friday. Over 150 exhibitors from niche segments of pharmaceutical industry like analytical lab equipment, contract research and contract manufacturing are participating in the two-day event being held at ... Read More »
CHENNAI/ MANGALURU, AUGUST 2: J.K. Rowling’s new book and the last in the series, Harry Potter and the Cursed Child, was released worldwide midnight on Jul 31 at precise embargoed times. This is the first time a Harry Potter book has ever been printed in India (or indeed Asia), in ... Read More »
