Regulating internet providers more like public utility companies could hurt the Internet and the U.S. economy, more than two dozen network technology and equipment makers have told U.S. Commerce Secretary Penny Pritzker.
Industry
Oil market pricing escapes linkage to financial benchmark regulations
The oil market's price setting agencies have avoided being linked to the kind of regulation trained on financial benchmarks, in a report by international regulators.
Philippine lawmaker sees five-year grace period before ore export ban
A proposed Indonesia-style ban on exports of unprocessed metal ores from the Philippines may not be implemented for about seven years, the proponent of a bill before Congress said on Tuesday, potentially easing pressure on nickel prices.
PDVSA seeks bids for Citgo in potential $10 billion deal - sources
Venezuela's state-run oil company PDVSA [PDVSA.UL] is seeking preliminary offers for its U.S. unit Citgo Petroleum Corp [PDVSAC.UL] by the end of September, a deal that could fetch up to $10 billion, according to two people familiar with the matter.
Wall Street ends lower as Apple falls, bond yields rise
U.S. stocks fell on Tuesday as Apple (AAPL.O) shares declined and as bond yields hit their highest in a month on concerns the Federal Reserve could raise interest rates sooner than some investors had expected.
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It has been four years since Apple Inc (AAPL.O) introduced a completely new gadget and the pressure is on for the world's largest tech company to wow at its "special event" in Cupertino, California, on Tuesday.
A robust dollar swept to a 14-month high on Tuesday as investors tweaked bets on an early hike in U.S. interest rates, burdening oil, gold and stocks in the energy majors.
As the dollar broke to a six-year peak on the yen and a 14-month top against the euro, gold sagged to a three-month trough and Brent oil settled below the $100 a barrel mark.
The Kremlin's prized oil firm Rosneft is cutting staff and production and selling stakes in Siberian fields in the strongest evidence to date that Western sanctions are hurting what was the world's fastest growing oil firm in recent years.
German engineering group Siemens will delist its shares from the London and Swiss stock exchanges because of low trading volumes there, it said on Tuesday.
Shareholders of Portugal Telecom (PTC.LS) and Brazil's Oi (OIBR3.SA) on Monday approved the revised terms of a merger after a failed debt investment forced the Portuguese company to accept less favorable terms in the tie-up.
Two Japanese aluminum buyers have agreed to pay a producer a record premium of $420 per tonne for metal to be shipped in the October-December quarter, two sources directly involved in the quarterly pricing talks said on Friday.
A Chinese trading firm has booked the world's largest super-tanker to store crude at sea, adding to a growing flotilla of vessels used for floating storage as benchmark oil prices slip below $100 a barrel.
General Motor Co's (GM.N) main Chinese joint venture is recalling 38,328 Cadillac sedans in China due to a glitch in brake control software, the country's quality watchdog said on Tuesday.
Ray Conner, chief executive of Boeing Co's (BA.N) commercial airplanes business, said on Monday the planemaker is being pressured to raise the production rate of its 737 jetliner, another signal the company is about to announce rate increases beyond current targets.
