For failing to deliver profits after what he called “horrible” results in the third quarter, more than $20 billion worth of assets would be shed and executives would be held accountable, vowed General Electric Co’s new chief executive.   Sending shares down as much as 6 percent early on...

Iraq's reaction to the referendum on the independence of Kurdistan influenced the energy business in the region, forcing Chevron Corp. to suspend operations in Iraqi Kurdistan, reports The Wall Street Journal. The company decided to temporarily stop drilling in the region. This decision was made in...

Visa has just launched a social initiative aiming at financially rewarding business who accept to help win Visa’s war on cash with a 10-000-dollar check. At stake: completing the transformation of economies with the deletion of physical currency and making all payments digital and tappable. But despite rather valid arguments on the purely financial aspect of the shift, civil liberties activists warn that the toll on individual liberties would be devastatingly high.

Alleging that the value of coal assets in Mozambique had been inflated and concealed critical information while tapping the market for billions of dollars, the U.S. Securities and Exchange Commission on Tuesday charged mining company Rio Tinto Plc and two of its former top executives with fraud....

Attempts at preventing the desertion of customers lured away by cheaper entertainment options such as Netflix and Snapchat by companies ranging from AT&T Inc. to Viacom Inc. have failed and this has led the investors in traditional TV providers reeling.   Echoing a similar...

The Trump administration is ready to defend the interests of national producers at all costs. The country raised import duties on the liners of the Canadian company Bombardier by 219%. The leaders of Canada and Britain called on the US to abolish restrictive measures that could endanger 5,000...

Following a long drawn-out investigation, the Federal Office of Financial Control of Germany (BaFin) submitted to the Stuttgart prosecutor's office a case of possible insider trading of shares of the German fashion manufacturer Hugo Boss. On February 23, 2016, Hugo Boss securities collapsed in...

With mounting concerns of its international IPO, Aramco is important for the desert kingdom since it is one of its key vehicles through which it aims to diversify its oil based economy. According to sources familiar with the matter at hand, Saudi Arabia’s oil giant, Aramco is considering a...

For BASF, while this deal represents a fantastic opportunity, it is howering entering into a new territory, since it has avoided the seed business and has insteasd focused on research and licensing its tech to seed developers. With Bayer aiming to impress antitrust authorities in its efforts to...