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Lufthansa eyes Air Berlin's Niki as bidders jostle for position

FRANKFURT/BERLIN Lufthansa has submitted a letter of interest in Air Berlin's Niki unit and other parts of the insolvent carrier, a source familiar with the talks said on Wednesday.

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Reliance to boost profit, naphtha exports by using ethane

MUMBAI/SINGAPORE India's Reliance Industries Ltd expects to increase operating profit and naphtha exports as it switches to cheaper ethane at its petrochemical projects, a company executive said on Wednesday.

Budget 2017, 4:48pm IST

Wall Street lower on Trump's threat of government shutdown

U.S. stocks were lower in early afternoon trading on Wednesday after President Donald Trump warned of a government shutdown to secure funds to build the Mexico border wall, adding to nerves as the deadline to raise the U.S. debt ceiling looms.

Budget 2017, 10:30pm IST

Harvard researchers say Exxon misled public on climate science

NEW YORK Two Harvard University researchers said in a study published on Wednesday they had collected scientific data proving Exxon Mobil Corp made "explicit factual misrepresentations" in newspaper ads it purchased to convey its views on the oil industry and climate science.

Budget 2017, 8:56pm IST

McDonald's to cut global antibiotic use in chickens

LOS ANGELES McDonald's Corp on Wednesday said that it would begin curbing the use of the high value human antibiotics in its global chicken supply in 2018, as the fast-food giant joins a broad effort to battle dangerous superbugs.

Budget 2017, 10:43pm IST

Oil edges up on eighth weekly U.S. crude stock drawdown

NEW YORK Oil prices rose on Wednesday after U.S. crude inventories declined for the eighth straight week and a storm approached the Gulf Coast with the potential to disrupt oil and refined products output.

Budget 2017, 10:32pm IST

Monetizing the Dallas Cowboys brand

Dallas Cowboys Chief Operating Officer Stephen Jones talks about maximizing the value of his team.   Full Article 


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