A man looks at motherboards displayed at the AMD booth during the Computex 2011 computer fair at the TWTC Nangang exhibition hall in Taipei May 31, 2011. REUTERS/Pichi Chuang/File Photo Advanced Micro Devices Inc (AMD.O) reported an 18.3 percent jump in quarterly revenue, largely in line with analysts’ estimates, but ... Read More »
Apple said it has partnered with component supplier Ibiden to power all of its manufacturing in Japan with 100 percent renewable energy. To meet the commitment, Ibiden will invest in more than 20 new renewable energy facilities, including one of the largest floating solar photovoltaic systems in the country. “We ... Read More »
President Donald Trump has not formally proposed a 20 percent tax on Mexican imports to pay for his controversial border wall and is instead considering it among a series of options, White House spokesman Sean Spicer said Thursday. “The goal today is not to be prescriptive. It’s to basically say: ... Read More »
Falling consumer demand and a halving of central bank purchases resulted in a 10 percent drop in gold buying in the third quarter, data from the World Gold Council showed on Tuesday, despite a rise in investment. Added to a 4 percent rise in supply, that pushed the overall quarterly ... Read More »
Michigan automaker General Motors said it set a goal of getting all of its power across its entire global sector of operations from renewable energy by 2050. “This pursuit of renewable energy benefits our customers and communities through cleaner air while strengthening our business through lower and more stable energy ... Read More »
Oil prices fell 4 percent on Friday, paring most of the previous session’s rise as traders noted that a tropical storm was behind this week’s unexpected slump in U.S. crude inventories. The market ended up around 3 percent, its first gain in three weeks. Traders cited hopes for a global ... Read More »
India aims to reduce its hydrocarbon imports by 10 percent by 2022 through increasing domestic output, fuel efficiency and the use of alternative energy, its oil minister said on Friday. India currently imports 70-75 percent of its energy requirements, Minister of State for Petroleum and Natural Gas Dharmendra Pradhan told ... Read More »
It didn’t take long for Indianapolis Colts quarterback Andrew Luck to let everybody know about his physical condition heading into the start of training camp. “I’m 100 percent,” Luck stressed to the media when the Colts reported for camp at Anderson University. That news should bring more than a few ... Read More »
All things considered, a 10 percent decline in revenue for the second quarter is encouraging, the top executive at oilfield services company Baker Hughes said. Baker Hughes, one of the leading companies servicing the exploration and production side of the industry, reported second quarter revenue at $2.4 billion, down 10 ... Read More »
Estimated quarterly earnings for Exxon Mobil Corp. were down about 60 percent from last year, the company said, pointing to sharply lower energy prices. Exxon reported second quarter earnings at $1.7 billion, compared with $4.2 billion during the same quarter for 2015. “While our financial results reflect a volatile industry ... Read More »
The variety of oil and herbal gas drilling permits issued with the aid of Texas regulators in April changed into lower 12 months-on-12 months by using 20 percentage, kingdom statistics display. The Railroad fee of Texas stated it issued 683 authentic drilling permits in April, in comparison with 848 from ... Read More »
PepsiCo Inc’s quarterly sales fell 2.9 percent, the sixth straight quarter of decline, hurt by a strong dollar and weak revenue in some markets including Latin America and Europe. The net income attributable to the company declined to $931 million, or 64 cents per share, in the first quarter ended ... Read More »
