Author: Reuters

General Electric Co is selling a portion of its stake in oilfield services provider Baker Hughes , the U.S. industrial conglomerate said on Tuesday, its latest move to raise cash and repay...

OPEC built a case on Tuesday for cutting oil output when it meets next month, warning that a supply glut could emerge in 2019 as the world economy slows and rivals increase production more quickly than...

U.S. activist hedge fund Elliott Management said on Tuesday Hyundai Motor Group was “grossly overcapitalized” and shareholder returns from the Korean automotive group were lagging industry...

Big Oil is today in a spending sweet spot as years of cost cuts and rising oil prices converge but investments will need to rise after 2020 to boost output, BlackRock, the world’s largest asset manager, said on...

Europe’s top court dealt the food industry a blow on Tuesday as it dismissed an attempt by a Dutch cheese maker to copyright its cream cheese, saying that the taste of a food product does not qualify for copyright...