Sectors News Results

  • U.S. oil industry lobbies against tighter sanctions on Russia

    The U.S. oil and gas industry is lobbying against tighter sanctions on Russia that could impact U.S. investments there, congressional sources said on Friday. The U.S. Senate has revived a bill, called DETER, that would allow for swift sanctions if Moscow was found meddling in future U.S. elections.

  • Global Oil Industry Prepares for a Revival

    Oil producers are ordering more equipment and lining up drilling rigs for later this year, according to top industry executives, indications that international activity is picking up. The chief executives of Schlumberger Ltd. (SLB) and Baker Hughes, owned in part by General Electric Co., said customers are moving forward with large projects and even preparing to increase exploration for future ones. "The international recovery has finally started," Schlumberger Chief Executive...

  • BRIEF-Fitch Says U.S.-China Tariffs Could Pressure Long-Term State Revenues

    Fitch: * FITCH SAYS U.S.-CHINA TARIFFS COULD PRESSURE LONG-TERM STATE REVENUES. * FITCH SAYS U.S. STATE BUDGETS WILL NOT BE MUCH AFFECTED IN NEAR TERM BY ADDITIONAL TARIFFS ON U.S.-CHINA TRADE. * FITCH ON U.S.-CHINA TARIFFS - THERE COULD BE REGIONAL PRESSURE IF AN INDUSTRY HEAVILY DEPENDENT ON IMPORTED CHINESE PRODUCTS IS HEAVILY CONCENTRATED IN PARTICULAR BUSINESS SECTOR.

  • US STOCKS-Technology stocks lift Wall Street out of tariff worries

    * Microsoft (MSFT) hits record high on strong results. * Trump threatens tariff on $500 bln worth of Chinese goods. * GE dips on cut in cash target forecast. * Indexes up: Dow 0.13 pct, S&P 0.08 pct, Nasdaq 0.17 pct. By Amy Caren Daniel.

  • US STOCKS-Wall St rises as Microsoft gains, lifts tech stocks

    * Microsoft (MSFT) hits record high on strong results. * Trump threatens tariff on $500 bln worth of Chinese goods. * GE dips on cut in cash target forecast. * Skechers dips, VF Corp (VFC) gains after qtrly results. * Indexes up: Dow 0.20 pct, S&P 0.15 pct, Nasdaq 0.39 pct. By Amy Caren Daniel.

  • CANADA STOCKS-TSX opens lower as financials, industrials drag

    Canada's main stock index opened lower on Friday, pressured by losses in financial and industrial stocks, as President Donald Trump threatened tariffs on all $500 billion of Chinese imports into the United States. * At 9:30 a.m. ET, the Toronto Stock Exchange's S&P/TSX Composite index was down 57.05 points, or 0.34 percent, at 16,485.96.

  • TigerGraph Takes Center Stage At The ACAMS Sixth Annual Learning Event

    TigerGraph, the world’s fastest graph analytics platform for the enterprise, today announced its upcoming presence at the ACAMS Sixth Annual Learning Event on July 25th at Facebook Headquarters in Menlo Park, CA. TigerGraph COO Todd Blaschka will participate on a panel titled “Emerging Trends in Payment and Cryptocurrency.

  • Honeywell profit beats on higher demand for aircraft parts

    Honeywell (HON) on Friday reported a higher-than-expected quarterly profit as it sold more aircraft parts and services to business jet and commercial airline customers, prompting the company to raise its 2018 earnings forecast for the third time. Honeywell (HON) is benefiting from a rise in global travel amid expanding economic growth, while also seeing robust demand from the defense industry.

  • Stocks Decline, Weakened by Financials -- WSJ

    Laws to vet foreign investments could shift; some corporate results miss the mark. This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal. U.S. stocks declined Thursday as a deal to toughen foreign-investment reviews stoked trade tensions and a round of lukewarm corporate-earnings reports weighed on sentiment.

  • Mexico business group unhappy about delay in oil auctions

    A decision to delay Mexican oil auctions until after the next president takes office does not augur well for opening the country's energy sector to private investment, the head of a major business association said on Thursday. The government said on Wednesday it had postponed auctions scheduled for September and October until next February to give firms more time to consider the blocks on offer.

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