Exxon Mobil Corp ( XOM.N ) is assessing possible worldwide job cuts, a spokesman said on Wednesday, after the company announced a voluntary lay-off programme in Australia. Exxon is the Continue Reading
China’s aviation regulator said on Wednesday it will resume direct flights to Beijing from eight countries including Thailand, Cambodia, Greece, Denmark, Sweden and Canada from Sept. 3. In March, Chinese Continue Reading
South Korea is on track to restart operations at eight nuclear power plants, that were shut for maintenance, and start a newly built plant over the next two months, in Continue Reading
U.S. manufacturing activity increased more than expected in August as new orders surged to their highest level in over 16-1/2 years, but employment at factories continued to lag amid safety Continue Reading
Schlumberger has become the biggest oil-service industry player yet to abandon frack work in North America, a sign that activity in the U.S. shale patch may never revisit previous highs. The provider Continue Reading
According to the World Bank, energy companies around the world flared 250 billion cubic meters of natural gas last year. That is the highest gas flaring rate since 2009, representing Continue Reading
The world’s largest nuclear power market is ready to gain more government backing for the energy — no matter who wins in November. For nearly a half century, the Democratic Continue Reading
Phoenix has relentlessly baked for months. In July, it clinched its hottest month on record. Then August topped that and became the new hottest month. The back-to-back records propelled the Continue Reading
Tesla plans to sell additional common stock worth up to US$5 billion and has hired Wall Street’s biggest banks as sales agents, the EV maker said on Tuesday, days after Continue Reading
“Gas spending, restaurant spending, bike-rental spending — all are improving,” a Mastercard adviser stated. (Bloomberg) — Consumers are traveling again, but instead of using planes and trains, they’re turning to Continue Reading
