OPEC said on Tuesday that world demand for its oil would be higher than expected this year as supply growth from rivals including U.S. shale producers slows, pointing to a tighter market if the exporter group refrains from raising output.
General Electric Co won the most orders in the sharply contracting market for new gas-fired power plants in the first quarter, according to people familiar with the matter.
Bitcoin hit its highest level in 10 months on Tuesday, raising hopes among cryptocurrency enthusiasts of greater mainstream acceptance as an escalating U.S.-China trade war roiled global markets, but others urged investor caution.
ConocoPhillips Chief Executive Officer Ryan Lance on Tuesday repeated a pledge to restrain spending, saying the U.S. oil producer would not be drawn into pricey mergers and acquisitions.
LONDON: Britain would never take a decision on Huawei and 5G that would threaten its intelligence sharing alliance with the United States but it also does not want a new Cold War with China, Foreign Secretary Jeremy Hunt said on Tuesday. Huawei, the world’s biggest producer of telecoms equipment...
There is no sign that China is offering a "no-spy" agreement of the kind that would help telecommunications equipment maker Huawei in its bid for contracts to build Germany's next-generation mobile networks, a German Interior Ministry spokesman said on Tuesday.
Mexican President Andres Manuel Lopez Obrador took office in December vowing to revive state-owned energy company Pemex and put the brakes on foreign investment to give the public a bigger cut of the country's oil wealth.
Luxury apparel maker Ralph Lauren Corp beat Wall Street estimates for quarterly profit on Tuesday, benefiting from higher demand in international markets, but weak sales in its biggest market, North America, disappointed investors.
Samsung Electronics has sold 5 million units of its Galaxy A series smartphones, generating sales of over US$1 billion since it began selling the devices in March, a senior company executive said on Tuesday.
Facebook's WhatsApp urged users to upgrade to the latest version of its popular messaging app after reporting that users might be vulnerable to having malicious spyware installed on phones without their knowledge.
