China's crude imports will grow 4.3 percent year-on-year to some 78 million metric tons during the first quarter of the year as prices remain low, according to a report released by ICIS C1 Energy, a Shanghai energy information consultancy.
A domestic credit ratings agency has urged the central authorities to allow local governments to sell at least 3 trillion yuan ($488.4 billion) in bonds this year to replace existing debt incurred by financing vehicles.
Dunkin' Donuts said on Wednesday that it had reached a deal to open more than1, 400 locations in China over the next 20 years.
Investors who congratulated themselves for their keen political sense in dumping Chinese liquor shares may want to reconsider.
Standard Chartered Plc is closing its institutional equities business, eliminating about 200 jobs ahead of plans to cut 2,000 more staff as Chief Executive Officer Peter Sands tries to turn the UK bank around.
Samsung Electronics Co Ltd on Thursday said its fourth-quarter profit likely fell 37.4 percent, confirming expectations for its first year of profit decline since 2011 as it struggles to retain its crown as global smartphone leader.
With chocolate prices surging, a former Credit Suisse Group AG banker wants to help revive cocoa farming in the Amazon basin, where the beans are thought to have evolved about 15,000 years ago.
Central banks and reserve managers are breaking from past practice by showing little appetite to add euros as the currency tumbles.
The tech industry says it wants more diversity in its workforce, but the actual hiring does not reflect that. Intel CEO Brian Krzanich challenged his own company and the entire industry to do more.
As a test of wills between OPEC nations and US shale drillers fuels a global oil market slump, a brewing battle between Canadian and Saudi Arabia heavy crudes for America's Gulf Coast refinery market threatens to drive prices even lower.
Forget the French fries. How about a side of yuca with that BigMac?
A human tooth was served with French fries at a McDonald's in Japan last year, reports said on Wednesday, the latest in a series of recent woes involving contaminated nuggets and a chip shortage.
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