HOUSTON: Royal Dutch Shell Plc began securing offshore drilling operations in the U.S.-regulated northern Gulf of Mexico in the path of Tropical Storm Sally, but there has been no impact on production, the company said on Sunday. "As a precautionary measure, we are securing drilling operations ...
Two senior Boeing Co executives who oversaw the development of the 737 MAX defended the company's decisions on a key cockpit system later tied to two fatal crashes, according to testimony before congressional investigators seen by Reuters.
OTTAWA: Canada is signalling it might not compensate major telecommunications providers if the federal government bans equipment made by China's Huawei from 5G networks, setting up a potential fight over a bill that could hit C$1 billion (US$758 million). Canada, under pressure from the United ...
WASHINGTON: The Federal Reserve's policy-setting committee will meet on Tuesday (Sep 15) amid a prolonged deadlock in Congress over how to support the US economy battered by the coronavirus downturn. The central bank deployed its most potent tools including trillions of dollars in liquidity lines ...
Euro zone governments must keep spending heavily to keep unemployment down and bolster confidence while the bloc recovers from an historic recession, European Central Bank President Christine Lagarde said on Sunday.
Euro zone governments must keep spending heavily to keep unemployment down and bolster confidence while the bloc recovers from an historic recession, European Central Bank President Christine Lagarde said on Sunday.
France's South Pacific territory of New Caledonia risks seeing the closure of a nickel factory that has long been the lifeblood of its economy, a threat that could weigh heavily on a looming independence vote.
In 1973, Arab members of the Organization of Petroleum Exporting Countries brought the U.S. economy to its knees. Now, the cartel created 60 years ago is more likely to do Washington's bidding.
MONTREAL: As COVID-19 grounds swaths of airline fleets, companies that profit off the dismantling and trade of aircraft parts are seeing early signs of an expected rebound in activity as carriers accelerate plane retirements. While companies that store, dismantle, and buy and sell used aircraft ...
The lengthy saga of ex-Nissan chief Carlos Ghosn takes a new turn next week when the auto titan-turned-fugitive's former assistant Greg Kelly goes on trial in Tokyo.
