American shale drillers are still spending more money than they are making, even as oil prices rise. Only five of the top 20 oil companies that focus mainly on fracking managed to generate more cash than they spent in the first quarter.
After more than a year of negotiation, committees in both chambers of Congress are set to advance versions of a major bill aimed at blocking sensitive Chinese deals, heightening the chances the propos ... Read more
The White House is likely to fall well short of a plan to slash the U.S. trade deficit with China by half, in large part because American farms and factories will find it hard to produce enough export ... Read more
Tencent is having trouble making money from two of the biggest mobile games in China, as the internet giant faces difficulties stemming from China’s unofficial economic sanctions against South Korea. Read more
A dispute over the purchase of 2 Ferraris. Mr Sum "holds the prestigious status with Ferrari of a Very Very Important Person, (VVIP)". Source: HK Court of First Instance | Source date: 16-May-2018 00: ... Read more