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Exxon CEO struggles to reverse Tillerson’s legacy of failed bets
13:13 - 07.03.2018

Some of the biggest bets taken by his predecessor Rex Tillerson, now the U.S. secretary of state, have resulted in billions of dollars in write-downs amid falling production and a stock price that has long lagged peers. That leaves Woods facing the prospect of slow growth and billions of dollars in new spending that could

Trump to promote U.S. natgas exports in Russia’s backyard
14:14 - 04.07.2017

President Donald Trump will use fast-growing supplies of U.S. natural gas as a political tool when he meets in Warsaw on Thursday with leaders of a dozen countries that are captive to Russia for their energy needs. In recent years, Moscow has cut off gas shipments during pricing disputes with neighboring countries in winter months.

Trump to meet with tech CEOs on government overhaul
17:17 - 19.06.2017

President Donald Trump will meet with the chief executives of technology companies including Apple Inc (AAPL.O) and Amazon.com Inc (AMZN.O) on Monday as the White House looks to the private sector for help in cutting government waste and improving services. White House officials said on a conference call on Friday that the administration believed there

Exxon CEO struggles to reverse Tillerson’s legacy of failed bets
13:13 - 07.03.2018

Some of the biggest bets taken by his predecessor Rex Tillerson, now the U.S. secretary of state, have resulted in billions of dollars in write-downs amid falling production and a stock price that has long lagged peers. That leaves Woods facing the prospect of slow growth and billions of dollars in new spending that could

Ant Financial to try again for U.S. approval of MoneyGram deal: source
23:23 - 16.09.2017

Ant Financial and MoneyGram have already refiled for clearance from Committee on Foreign Investment in the United States (CFIUS) when they were unable to secure it within an assessment period after the first application, Reuters reported in July, citing sources. “We are not commenting on the CFIUS process, but we are continuing to work with

Exclusive: AT&T weighs divestiture of Latin American TV assets – sources
23:23 - 16.09.2017

AT&T is working with a financial adviser to field interest in the assets, which could be valued at more than $8 billion, the people added, asking not to be named because the matter is private. Liberty Global PLC (LBTYA.O), Spanish telecommunications company Telefonica SA and Millicom International Cellular SA (MICsdb.ST), a wireless player in Latin

Exxon CEO struggles to reverse Tillerson’s legacy of failed bets
13:13 - 07.03.2018

Some of the biggest bets taken by his predecessor Rex Tillerson, now the U.S. secretary of state, have resulted in billions of dollars in write-downs amid falling production and a stock price that has long lagged peers. That leaves Woods facing the prospect of slow growth and billions of dollars in new spending that could

After tariff fight loss, Trump economic adviser Cohn quits
13:13 - 07.03.2018

Gary Cohn, the top economic adviser to U.S. President Donald Trump and a voice for Wall Street in the White House, said on Tuesday he would resign, a move that came after he lost a fight over Trump’s plans for hefty steel and aluminum import tariffs. The departure of Cohn, director of the National Economic

Threat of price war clouds horizon for Maersk shipping business
20:20 - 22.08.2017

A.P. Moller-Maersk has been fortified by the $7.5 billion sale of its oil and gas business to France’s Total, but the company’s main sea freight business faces the threat of a new price war in a consolidating industry. Maersk, the world’s biggest container shipping company, has shifted its focus this year from preserving market share

Ant Financial to try again for U.S. approval of MoneyGram deal: source
23:23 - 16.09.2017

Ant Financial and MoneyGram have already refiled for clearance from Committee on Foreign Investment in the United States (CFIUS) when they were unable to secure it within an assessment period after the first application, Reuters reported in July, citing sources. “We are not commenting on the CFIUS process, but we are continuing to work with

Taiwan’s Foxconn ‘definitely bidding’ for Toshiba chip business
15:15 - 01.03.2017

Taiwan’s Foxconn (2317.TW), the world’s largest contract electronics maker, is “definitely bidding” for the chip business of Japan’s Toshiba Corp (6502.T) and is “very confident” it can buy into it, company founder Terry Gou said on Wednesday. Gou was speaking as Foxconn, formally known as Hon Hai Precision Industry Co Ltd, broke ground for a

U.S. lawmakers push for answers on Trump team’s Russia ties
15:15 - 16.02.2017

A crisis over the relationship between President Donald Trump’s aides and Russia deepened on Wednesday as a growing number of Trump’s fellow Republicans demanded expanded congressional inquiries into the matter. Trump sought to focus attention on what he called criminal intelligence leaks about his ousted national security adviser, Michael Flynn. Trump forced Flynn out on