Business

Support services for offshore and international oil and gas activity are cause for optimism, with the global outlook positive despite recent demand signals, Schlumberger said Friday....Read More

South Korean automaker Hyundai Motor said it has begun work on a test version of a rover for use in lunar explorations....Read More

Lachlan Murdoch, the chief executive of Fox Corporation, has dropped his defamation lawsuit against the publisher of the Australian newspaper Crikey....Read More

The online shopping giant Amazon on Thursday revealed a new anti-counterfeiting knowledge exchange program for shop owners who sell on the platform in a bid to stop the spread of counterfeit goods....Read More

The U.S. Commerce Department’s Bureau of Industry and Security Thursday fined Seagate Technology LLC $300 million for allegedly violating U.S. export controls in a deal supplying hard drives to Chinese company Huawei....Read More

More signs emerged Thursday that the U.S. housing market is slowing down, with the National Association of Realtors reporting existing-home sales declined 2.4% month-on-month....Read More

Tesla saw earnings fall 20% when the electric vehicle maker released its latest financial records after the close of trading Wednesday....Read More

The troubled Swiss bank Credit Suisse has a history of serving Nazi-linked clients and held onto such accounts as late as 2020, according to new reports delivered to a Senate committee on Tuesday....Read More

Oil and gas services firm Baker Hughes said Wednesday that income during the first quarter was nearly double year-ago levels, a performance the company said showed it was able to move through a rough market landscape...Read More

Tesla Inc. cut prices for its electric vehicles in the United States for the second time in April, slashing the price of its Model Y sports utility vehicle and base Model 3....Read More