Italy's Finmeccanica may decide to sell DRS Technologies once it has found a partner for the struggling U.S. unit, the chief executive of the aerospace and defense group told an Italian newspaper on Monday.
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Exxon fourth-quarter profit tops estimate, share buyback slashed in half
Exxon Mobil Corp said on Monday its quarterly profit fell 21 percent as weak oil prices took a toll, but results topped Wall Street expectations due to a tax adjustment and higher earnings from its chemicals business.
Oil up 11 percent after two-day rally; trade volatile on stock builds
Oil prices rose strongly again on Monday, tacking on a total of 11 percent over two straight sessions, as some investors bet that a bottom had formed to the seven-month long rout on the market even as others remained pessimistic.
Wall St. rallies late on Greek deal hopes; energy gains
Stocks ended sharply higher on Monday after a late rally driven by hopes for a Greek debt deal and as energy shares bounced with oil prices.
Japan's Line to launch online grocery shopping in Thailand, plans to expand
Japan-based messaging app company Line Corp is launching an online grocery delivery service, its first ever, in Thailand and plans to expand it to other Southeast Asian nations to tap booming growth in the region's mobile phone transactions.
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Ryanair Chief Executive Michael O'Leary said the concerns of its fellow Aer Lingus shareholder, the Irish government, on the potential sale of the airline to the owner of British Airways are misplaced.
State oil giant Saudi Aramco [SDABO.UL] has put on hold its deepwater oil and gas exploration and drilling activities in the Red Sea because of high costs as it economizes in an environment of low crude prices, industry sources said on Sunday.
Union workers were on strike for a second day on Monday at nine U.S. refineries and chemical plants in an attempt to force oil companies to sign a new national contract covering laborers at 63 plants.
At least 40 major U.S. companies have substantial exposure to Venezuela’s deepening economic crisis, and could collectively be forced to take billions of dollars of write downs, a Reuters analysis shows.
European shares stalled and core bond yields held near lows on Monday following disappointing data from China, while Greek markets were volatile as the government pursued efforts to reach a compromise with its creditors.
Aviation leaders will try to secure a mandate to implement new safety standards when they meet next week after a string of high-profile accidents around the world made 2014 the deadliest year for commercial airlines in almost a decade.
The finance chief of Ford Motor Co (F.N) expects ongoing problems in Russia where the decline of the rouble and the struggling economy was weighing on its market share, according to German newspaper Handelsblatt.
Box office juggernaut "American Sniper" held the top spot at U.S. and Canadian box offices over the weekend with $31.9 million in ticket sales, according to studio estimates.
China has listed food safety and modernizing farms as among key priorities this year, its 2015 rural policy outline showed, as it tackles falling agricultural productivity that has raised concerns about its future food supply.
