The ride-hailing company is investing more than 7 billion yuan (S$1.5 billion) to expand in the country, with plans to start operations in 50 mid- sized Chinese cities over the next year.
The oil rig count climbed again this week, according to driller Baker Hughes. Canada had 208 rigs running after three oil-directed rigs packed it in since the previous count. They also climbed by 2 last week.
US benchmark West Texas Intermediate (WTI) for September delivery dropped 17 cents to Dollars 42.06 in late-morning trade after falling below USD 42 a barrel earlier in the session, the lowest price since March 2009.
GoldMoney (Other OTC: BTGDF – news) dealing manager Kelly-Ann Kearsey said: “The US Federal Reserve’s caution with regard to when it might put up interest rates has hit the dollar this week, and that combined with the continued economic woes in China has pushed...
Treasury Wine Estates, which owns brands including Penfolds, Wolf Blass and Rosemount Estate, has offloaded a number of assets in a continued bid to simplify its supply chain across the US and Australia.
The Labor Department said Wednesday that its consumer price index rose 0.1 percent in July following increases of 0.3 percent in June and 0.4 percent in May.
Gap Inc. Thursday reported another quarter of struggling sales, except, once again, at its Old Navy brand. The stock had a trading volume of 4,895,007 shares. JPMorgan Chase & Co. restated a “neutral” rating and issued a $40.00 price objective (down previously...
The worldwide Monetary Fund has yet to make a final decision on whether or not to add any new currency to its new SDR basket this year. The rest of the world is watching. To have a substantive beneficial impact on trade, the renminbi would need to see rapid depreciation, a...
(Yes, as a Democrat.) He did a fairly smart thing Wednesday, seeing as how if you want to do well in the Democratic caucuses in Nevada, you want to get in good with the hotel unions, especially the Culinary Workers Union, which was key to Barack Obama winning against Hillary...
American Airways Inc. plans to halt flights between the U.S. and Israel early subsequent yr amid mounting losses on a route that has by no means been worthwhile.
The Pokemon Company has announced it will be bringing its Pokemon fighting game, Pokken Tournament, to the Wii U in spring 2016. “You will love seeing and battling with your favorite Pokémon”. Hopefully, Bandai Namco sees to bigger picture when it comes to sales...