Saudi Arabia effectively started a global oil price war this month aimed at quickly denting U.S. oil output. Slowing a U.S. drilling boom, however, could take more than a year.
Sectors
Google tests waters for potential ultra-fast wireless service
Google Inc is preparing to test new technology that may provide the foundation for a wireless version of its high-speed "Fiber" Internet service, according to telecommunication experts who scrutinized the company's regulatory filings.
eBay trims 2014 revenue outlook amid economic fears
EBay Inc trimmed its full-year revenue forecast on Wednesday, signaling a weaker-than-expected holiday shopping season for the e-commerce company as it prepares to split from its fast-growing payments arm, PayPal.
Healthcare IT Sector Attracts $956 Million in VC Funding in Q3 2014, Reports Mercom Capital Group
Mercom Capital Group, llc, a global communications and consulting firm, today released its report on funding and mergers and acquisitions (M&A) activity in the Healthcare Information Technology (IT) sector for Q3 2014. Mercom's comprehensive report covers deals of all sizes in Healthcare IT across the globe.
FBI warns U.S. businesses of cyber attacks, blames Beijing
The U.S. Federal Bureau of Investigation said on Wednesday that hackers it believes to be backed by the Chinese government have recently launched attacks on U.S. companies.
Latest News
Japan's Toyota Motor Corp (7203.T) said on Wednesday it would recall a total 1.67 million vehicles globally in a voluntary move to address three separate defects including a faulty brake master cylinder that could hinder the brake's performance.
Some of the world's largest pension funds and infrastructure investors are forming consortia to bid for the operator of an Indiana toll road that filed for bankruptcy last month, according to people familiar with the matter.
Ivory Coast's national carrier Air Cote d'Ivoire is in discussions with Airbus (AIR.PA) and Canada's Bombardier Inc (BBDb.TO) to renew its existing fleet and provide new aircraft for a planned expansion, the company's chief executive said.
Japan's Dai-ichi Life Insurance Co Ltd (8750.T) will raise $1 billion by issuing dollar-denominated subordinated bonds in overseas markets, a source with direct knowledge of the matter said on Wednesday.
Cheil Industries Inc, widely seen as the de facto holding company of Samsung Group [SAGR.UL], is likely to offer around 1.5 trillion won ($1.41 billion) worth of shares in its upcoming initial public offering (IPO), a person with knowledge of the matter said on Wednesday.
Seasonal rains are set to disrupt nickel mining in the Philippines for the next four months or so, crimping exports to top buyer China and stoking a shortfall in the global supply of ore.
Ford Motor Co said on Monday it will add 850 hourly jobs at its Dearborn, Michigan, facilities to support the launch of the redesigned, aluminum-intensive 2015 F-150 pickup truck.
Auto analysts are skeptical that Sergio Marchionne, the hyperbolic chief executive of Fiat Chrysler Automobiles (FCHA.MI)(FCAU.N), can meet his most ambitious goal: to nearly double Jeep's global sales over the next four years.
Three Google Inc researchers have uncovered a security bug in widely used web encryption technology that they say could allow hackers to steal data in what they have dubbed a "Poodle" attack.
