Sectors
Exxon rejects Beaumont refinery union proposal; offers six-year pact
Exxon Mobil Corp (XOM.N) has rejected a contract offer from the United Steelworkers (USW) local chapter representing hourly workers at the company's Beaumont, Texas, refinery and renewed its offer of a six-year contract, a union official said on Wednesday.
Samsung expects record Galaxy shipments, supply constraints
Tech giant Samsung Electronics Co Ltd (005930.KS) said it expects record shipments for the new Galaxy S smartphones that go on sale on Friday, but will have trouble meeting demand for its curved-edged model due to production constraints.
China to open 10 new air corridors to ease congestion -China Daily
China plans to open 10 new air corridors to help ease chronic air traffic congestion and address the problem of frequent flight delays, the official China Daily said on Wednesday, citing a senior aviation official.
Mercedes, Nissan expand cooperation to build pickup
Daimler AG on Tuesday said it would expand its cooperation with partner Nissan Motor Co Ltd to develop a mid-sized pickup truck for Mercedes-Benz as the German premium automaker seeks to narrow its sales gap with rival BMW.