The co-founder of U.S. LNG developer Tellurian said Thursday that the company is targeting this summer to begin construction of its US$16.8 billion Driftwood LNG export project in Louisiana as demand for the super-cooled fuel surges worldwide.
Asian shares rose on Friday, brushing off a late Wall Street dip as expectations of large U.S. stimulus under President-elect Joe Biden shored up sentiment while oil prices perked up on upbeat Chinese trade figures.
Goldman Sachs Group Inc is considering acquisitions to bulk up its consumer banking unit Marcus, after the Wall Street firm slowed loan and deposit growth at its fledgling business last year in the wake of the coronavirus pandemic, three bank sources said.
U.S. shale producers are taking advantage of the oil market's rally to levels not seen in nearly a year by locking in prices for future sales, sources familiar with the matter said.
Automakers around the world are shutting assembly lines because of a global shortage of semiconductors that in some cases has been exacerbated by the Trump administration's actions against key Chinese chip factories, industry officials said.
Hyundai Motor Group has signed an investment pact with the government of China's southern province of Guangdong to build its first overseas fuel cell system production plant in the country, the South Korean firm said on Friday.
HONG KONG: Shares in Xiaomi collapsed on Friday (Jan 15) after the United States blacklisted the smartphone giant and a host of other Chinese firms as the Trump administration aims to cement its trade war legacy against Beijing. The flurry of last-minute blacklistings is the coda to four years of...
SINGAPORE'S securities depository system has moved a step closer to being unified on the national one-step financial planning service, SGFinDex (Singapore Financial Data Exchange).
Business software group SAP forecast flat revenue and a decline in operating profit in 2021, as it released preliminary annual results that came at the high end of guidance slashed last autumn.
Amazon.com was slapped with a class-action lawsuit on Thursday accusing the e-commerce giant of inflating the prices of ebooks in collusion with some publishers.
