Exxon Mobil cut its proved oil reserves by three billion barrels to 20 billion barrels at the end of 2016, the company announced Wednesday.
Tesla on Wednesday slipped back into the red in the recently ended quarter while revenue revved up, with orders for some of its electric car models hitting record highs.
Brazil slashed its key interest rate further on Wednesday to try to yank Latin America’s biggest economy out of its worst recession in a century.
Mexico enjoyed solid economic growth last year before uncertainty struck over the impact of US President Donald Trump’s trade policies, official data showed Wednesday.
IMF chief Christine Lagarde said Wednesday that she had been reassured by her first meetings with members of the new administration of US President Donald Trump, whose economic programme has caused global jitters.
French automaker PSA said it promised British Prime Minister Theresa May on Wednesday to “develop” the Vauxhall brand if its plan to take it over succeeds.
US central bankers say they may need to increase the key lending rate “fairly soon,” but are concerned about the uncertainty of President Donald Trump’s tax and spending policies, according to the minutes of their last meeting published Wednesday.
Apple on Wednesday announced that workers will start boarding its futuristic new “spaceship” campus in Silicon Valley in April, fulfilling a vision set out by late founder Steve Jobs.
Greece’s debt needs to be restructured, the head of the IMF said on Wednesday, but any debt forgiveness by the country’s creditors was not needed for now.
US sales of existing homes rose again in January to hit their fastest pace in nearly a decade despite rising prices and mortgage rates, according to data released Wednesday.
Leading fashion brands including H&M and Zara will boycott a key industry conference in Bangladesh in support of garment workers who have been sacked, hunted or jailed for participating in wage strikes, the companies said Wednesday.