October 10, 2019 6:58 am
According to a report by Bloomberg, citing sources with knowledge of the matter, Exxon Mobil Corp (XOM) is exploring an opportunity to sell its Malaysian upstream offshore assets for up to $3 billion. Since the sale considerations are at an early stage, an agreement could still not be reached, the same media reported. Exxon Mobil […]
Read moreOctober 9, 2019 9:35 am
Amazon.com Inc has established a larger local store and marketplace in Singapore, Reuters reported, as the e-commerce company seeks to expand its product selection and step up competition with rivals, including Alibaba Group Holding Ltd’s Lazada and Sea Ltd’s Shopee. Amazon shares closed lower for a second consecutive trading session on NASDAQ on Tuesday. It […]
Read moreOctober 9, 2019 7:15 am
Advanced Micro Devices Inc (AMD) earlier this week unveiled the Radeon RX 5500 series graphics products, which harness advanced RDNA gaming architecture, in order to deliver top-class high-performance, high-fidelity 1080p gaming. The Radeon RX 5500 series include the Radeon RX 5500 graphics card, which is expected to be available in desktop PCs from top manufacturers, […]
Read moreOctober 8, 2019 9:24 am
Unilever said that it intended to halve its use of newly made plastic by reducing its “absolute use of plastic packaging” by more than 100 000 tonnes and by “accelerating its use of recycled plastic” by the year 2025. The consumer goods giant also pledged to “help collect and process more plastic packaging than it […]
Read moreOctober 8, 2019 7:02 am
According to an announcement by General Electric Co (GE) on Monday, the conglomerate intends to freeze the pension plan for nearly 20 000 US employees with salaried benefits in an attempt to reduce debt. General Electric shares closed lower for a second consecutive trading session in New York on Monday. The stock edged down 0.12% […]
Read moreOctober 7, 2019 8:07 am
According to a report by Nikkei Asian Review, Apple Inc (AAPL) has requested that suppliers raise production of iPhone 11 models by up to 8 million units (or nearly 10%). Apple shares closed higher for a second consecutive trading session on NASDAQ on Friday. It has also been the sharpest daily surge since September 11th. […]
Read moreOctober 4, 2019 9:53 am
According to a report by Reuters, citing a person familiar with the matter, Netflix Inc is being investigated by Italian prosecutors over alleged tax evasion. Netflix shares closed higher for the fourth time in the past twelve trading sessions on NASDAQ on Thursday. The stock inched up 0.04% ($0.12) to $268.15, after touching an intraday […]
Read moreOctober 4, 2019 7:42 am
Air carriers that operate Boeing 737 NG aircraft will have to inspect them for ”structural cracks”, the US Federal Aviation Administration said. The inspections will focus on the jets’ pickle forks, or parts which connect the wings to the fuselage, the FAA said. Boeing shares closed higher for the fourth time in the past eleven […]
Read moreOctober 3, 2019 9:36 am
A regulatory filing revealed earlier this week that Exxon Mobil Corp’s operating profit dropped for a fourth consecutive period during the third quarter. Exxon Mobil shares closed lower for a third consecutive trading session in New York on Wednesday. It has also been the steepest daily loss since August 23rd. The stock went down 2.61% […]
Read moreOctober 3, 2019 7:33 am
Neptune Wellness Solutions Inc (NEPT) announced on Wednesday product development collaboration with International Flavors & Fragrances Inc (IFF) aimed to co-develop hemp-derived CBD products for the United States. No additional details of the agreement were disclosed. Shares of Neptune Wellness Solutions Inc (NEPT) closed higher for a second consecutive trading session on NASDAQ on Wednesday. […]
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