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Exclusive: In mammoth task, BP sends almost three million barrels of U.S. oil to Asia
December 7, 2016 by publisher · Leave a Comment
Oil major BP is shipping almost three million barrels of U.S. crude to customers across Asia, pioneering a lengthy and complex operation likely to become more popular after OPEC last week announced deep production cuts. BP's efforts, involving one of the world's longest sea routes, seven tankers and a series of ship-to-ship transfers, underscore a desire among oil traders to develop new routes to sell swelling supplies of cheap…
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Exclusive: In mammoth task, BP sends almost three million barrels of U.S. oil to Asia
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AT&T aims to break from streaming crowd with Time Warner
October 26, 2016 by creative · Leave a Comment
By Lisa Richwine LOS ANGELES (Reuters) – AT&T is betting its purchase of Time Warner Inc will give the company an edge in winning subscribers for its live internet television package, a new front in media that is about to become crowded by technology players. The DirecTV Now service coming to the market next month will offer the kind of live programming on multiple channels now available primarily through traditional cable providers. DirecTV's price …
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AT&T aims to break from streaming crowd with Time Warner
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U.S. judge approves $14.7 billion deal in VW diesel scandal
October 26, 2016 by creative · Leave a Comment
By David Shepardson WASHINGTON (Reuters) – A U.S. judge on Tuesday approved one of the biggest corporate settlements on record, Volkswagen AG's $14.7 billion deal arising from its diesel emissions cheating scandal, and the German automaker said it would begin buying back polluting cars in mid-November. U.S. District Judge Charles Breyer in San Francisco signed off …
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U.S. judge approves $14.7 billion deal in VW diesel scandal
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Apple’s holiday surprise: big sales, not so big profits
October 26, 2016 by elegant · Leave a Comment
Apple Inc posted its third successive quarter of declining iPhone sales on Tuesday and forecast slimmer-than-expected profit margins over the upcoming holiday season even as it projected record sales, sending its shares down. “In essence, in China and elsewhere, while Apple’s
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Apple’s holiday surprise: big sales, not so big profits