AS OIL prices fall further, the list of beleaguered oil and natural gas companies vulnerable to takeover grows.The economic downturn and the drastic drop in oil prices, which have fallen from all-time highs above $US145 to about $US60 a barrel ...
QWEST Communications International Inc, the third-largest local phone company in the US, plans to cut 1,200 jobs and said sales and earnings this year will be at the low end of its forecasts ...
American Chevron Corp. has surpassed British oil giant BP as the world's third-largest international oil company in market value, behind Exxon Mobil and Royal Dutch Shell, it was reported on Tuesday ...
Microsoft founder and chairman Bill Gates is said to be quietly starting a new company in the suburb next to Redmond that will oversee his research and philanthropic efforts ...
China National Petroleum Corporation (CNPC) has signed a cooperation deal with Uzbekistan State Holding Oil and Gas Company Uzbekndftegaz on the joint exploration of Mingulak oilfield ...
PRAGUE --Most Czech companies say their profits will fall this year because of the sharp appreciation of the Czech koruna, a survey this week by the Czech Chamber of Commerce showed. "More than half of...
Beijing Huiyuan Beverage and Food Group Co., Ltd. was founded in 1992. It is a large and modern group company engaged in producing and marketing fruit and vegetable juice and juice drinks ...
NEW YORK, Sept 10 - Coty Inc, the world's largest fragrance company with high-end perfume brands such as Calvin Klein and Vera Wang, is due to report that its 2008 annual sales rose over 20...
Sept. 8 -- Companies with the most hedge-fund ownership slid for the fifth time in six days, defying the rally spurred by the government's takeover of Fannie Mae and Freddie Mac, as money managers sold shares to cover client redemptions, analysts said...
Sept. 8 -- European companies may be living on borrowed time. A decade of investing more than they've earned in profits has loaded corporations in the 15-nation euro area with debt, leaving them a thinner cushion than their U.S. and Japanese counterparts as the world economy slumps...