SINGAPORE: Singapore's Sembcorp Marine and Dutch firm Heerema Marine Contractors on Thursday (May 23) showed off the world's largest crane vessel that can be used for the setup and decommissioning of offshore oil and gas facilities. The semi-submersible vessel, which cost Heerema about US$1.5 ...
REUTERS: Best Buy Co Inc forecast second-quarter sales and profit above estimates on Thursday, as the consumer electronics retailer saw strong demand for wearables and tablets and signed up more people to its subscription-based tech support services. However, the company kept its full-year ...
Tyson Foods Inc said on Thursday it has not formalized plans for a beef processing plant in Kazakhstan, responding to a media report that the largest U.S. meat processor was in talks over a multibillion-dollar investment in the country.
Automotive supplier Bosch has agreed to pay a 90 million euros (US$100.21 million) fine for lapses in supervisory duties which enabled carmakers to engage in emissions cheating, German prosecutors in the city of Stuttgart said on Friday.
Beijing said Washington needs to correct its "wrong actions" for trade talks to continue after the U.S. blacklisted Huawei, a blow that has rippled through global supply chains and battered tech shares as investors feared a looming technology cold war.
Nissan Motor Co is not considering the possibility of a merger with top shareholder Renault at the moment, and none of the nominees to the Japanese automaker's board are pressing to make it an issue now, an external director said on Thursday.
Finnish tire maker Nokian Tyres expects its new U.S. factory in Tennessee to help it double its sales in North America, especially by expanding its all-season tire sales in the region, the company said on Thursday.
Lawyers for Carlos Ghosn will ask a Japanese court to allow the former Nissan Motor boss one monitored visit with his wife after the Supreme Court upheld curbs on contact with his spouse while he is on bail, his legal team said on Thursday.
Italy's ruling League party is ready to back a state rescue of Carige in the absence of private investors willing to plug in a capital shortfall at the ailing bank, Deputy Prime Minister Matteo Salvini was quoted as saying.
PARIS: Online retail sales in France rose by 11.9per cent to 24.9 billion euros (US$27.7 billion) in the first quarter, said the French E-Commerce Federation (Fevad), reflecting growth in a sector that has seen Amazon put pressure on traditional retailers such as Carrefour. As the French economy ...
