French minister Le Maire insists EU is close to digital tax dealFrench Finance Minister Bruno Le Maire said on Monday that a European Union plan to tax big internet firms such as Google and Facebook was close to being struck, despite several EU governments having...
Disappointing third-quarter earnings another blow to battered European marketEuropean companies are delivering their most disappointing earnings in nearly three years as a sluggish economy and rising costs take their toll on bottom lines, dealing another blow to investor confi...
China says will further open up its economy, slams rising protectionismChinese Premier Li Keqiang said on Monday Beijing will further open up its economy in the face of rising protectionism, as he headed for meetings with Asia-Pacific leaders in Singapore that are expect...
SoftBank unveils massive $21bn IPO of Japan mobile unitTelecoms giant SoftBank will list shares in its Japanese mobile unit next month in a sale that could raise over $21 billion and be one of the biggest tech IPOs in years. The IPO will help raise funds...
In race to fill LNG supply gap, project goalposts have changedThe race is on for liquefied natural gas (LNG) producers to build export terminals as demand soars, but the criteria for financing such mega-projects have shifted as traditional relationships with LNG...
Call for open markets as world leaders gather in SingaporeSingapore's prime minister made an impassioned plea Monday for open markets and warned "political pressures" were driving countries apart, in a swipe at rising protectionism at the start of a gatherin...
Digitalisation can save oil upstream business $73 billion a year: WoodmacEnergy firms could save an annual $73 billion within five years in oil and gas exploration and production by making better use of existing computing technology, energy consultancy Wood Mackenzie said....
Oil pucks and pellets; Canada eyes new ways to move stranded crudeCanada’s biggest railroad says it is attracting interest from oil producers in its effort to move crude in solid, puck-like form, as clogged pipelines divert more oil to riskier rail transport. Conges...