Business

Iran has achieved record high exports of petroleum products despite U.S. sanctions, Oil Minister Bijan Zanganeh said in televised remarks on Friday.

As China's bluechip index approaches an alltime high, growing fears about bubbles developing in some parts of the country's stock market are prodding some investors to seek bargains in Hong Kong.

As U.S. stock prices have marched to record highs, futures contracts for Wall Street's "fear gauge" show some investors are buying insurance against market turbulence that could erupt if surprise glitches hit the U.S. rollout of COVID19 vaccines.

Asian investors were expecting a mixed day of trading after Wall Street peaked on Thursday, pushed upward by continued optimism about economic stimulus to counteract the COVID19 pandemic promised by newly inaugurated U.S. President Joe Biden.

The incoming chief executive of Intel Corp said on Thursday that most of the company's 2023 products will be made in the company's factories.

Benchmark U.S. crude oil for March delivery fell 11 cents to $53.13 a barrel Thursday. Brent crude oil for March delivery rose 2 cents to $56.10 a barrel.

The number of Americans filing new applications for unemployment benefits decreased modestly last week as the COVID19 pandemic tears through the nation, raising the risk that the economy shed jobs for a second straight month in January.

Are better days ahead for corporate profits? They'd better be.

Oil prices fell on Thursday after data showed U.S. crude stocks unexpectedly rose last week, reigniting worries about pandemic restrictions cutting into fuel demand.

Two of the world's biggest fertilizer producers, CF Industries Holdings Inc and Yara International Asa, are seeking to cash in on the green energy transition by reconfiguring ammonia plants in the United States and Norway to produce clean energy to power...

The Bank of England said on Wednesday the aim of its banking stress test this year is to check if lenders can continue helping the economy during the pandemic and allow the return to more normal levels of dividends for shareholders.

Presidentelect Joe Biden will order U.S. agencies on Wednesday to revisit fuel efficiency standards as well as rules governing emissions from airplanes, and appliance and building energy efficiency standards, the transition team said.

The initial public offering will open on January 20, 2021, and will close on January 22, 2021, giving three days time to subscribe for the shares issued.

Goldman Sachs Group Inc posted a blockbuster fourthquarter profit that dwarfed Wall Street estimates on Tuesday, but executives warned that capital markets activity fueling results lately will probably slow down and that the bank's consumer business will...

Global equity benchmarks jumped and safe havens such as the dollar and U.S. Treasury bonds dipped on Tuesday as Janet Yellen used her Treasury secretary confirmation hearing to bolster the case for additional fiscal stimulus.

Lumentum Holdings will spend $5.7 billion in cash and stock to buy Coherent and expand its reach into lasers and photonics.