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Saudi Arabia Goes High-Tech in Approach to Investing

Wednesday August 15th, 2018 07:40:24 PM
Crown Prince Mohammed and his sovereign-wealth fund, weighing whether to be part of a deal to take Tesla private, have become a pivotal global investor. But some Saudis worry impulsive bets on future technologies could jeopardize the wealth of future generations.

Barron's Online Exclusive

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Barron's Online Exclusives

The Plot Thickens at Barnes & Noble

Wednesday August 15th, 2018 07:56:20 PM
Will the bookseller's chairman team up with Liberty to make a low-ball bid for the retail operations?

Why Bitcoin Will Never Replace Gold

Wednesday August 1st, 2018 04:36:49 PM
The cryptocurrency’s vulnerabilities to attack mean it is destined to play no more than a bit role in the global monetary system, a new study shows. US Business

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US Business

Firms That Bossed Agriculture for a Century Face a New Threat: Farmers

Thursday August 16th, 2018 07:08:05 AM
Running expanded, consolidated operations, farmers are pushing grain giants such as Cargill and ADM for better prices. They’re also striking their own deals to directly supply manufacturers. That’s fundamentally changing the industry’s balance of power.

SEC Sends Subpoena to Tesla in Probe Over Musk Tweets

Thursday August 16th, 2018 04:55:33 AM
Federal regulators have subpoenaed Tesla, ramping up an investigation into Chief Executive Elon Musk’s tweet last week that he had secured funding to take the electric-car maker private.

Uber's Revenue Growth Keeps Up Fast Pace as Losses Narrow

Thursday August 16th, 2018 06:50:13 AM
A year after joining Uber Technologies, CEO Dara Khosrowshahi is showing signs he can maintain the ride-hailing firm’s rapid pace of revenue growth while reining in some of its substantial losses.

International Business Times

Latest News

Coca-Cola Funded Anti-Obesity Nonprofit GEBN Shuts Down After Allegations Of Coke's Involvement

Tuesday December 1st, 2015 09:10:04 AM
The Global Energy Balance Network (GEBN), a nonprofit organization funded by the Coca-Cola Co., said on its website late Monday that it will discontinue its operations. The announcement comes four months after it was revealed that the Atlanta, Georgia-based beverage maker was involved in the activities of the group.

Small Shops See Uptick In Customers Despite Lack Of Small Business Saturday American Express Incentives

Saturday November 28th, 2015 10:57:07 PM
In the wake of Black Friday, small shops and retailers were getting the attention on Saturday as United States consumers came out for Small Business Saturday -- a shopping holiday conceived by American Express in 2010. The day has become a way for small retailers, restaurants and shops to promote their establishments within their local communities.

Small Business Saturday: American Express Cuts Credit Incentives For Shopping Locally

Saturday November 28th, 2015 12:18:01 AM
Black Friday, Small Business Saturday, Cyber Monday – there’s a shopping day for everything at this time of year. But this year’s sixth annual Small Business Saturday will be missing one key factor: incentives for American Express credit card holders, the Chicago Tribune reported Friday.

International Business Times

Latest News

US Officials Banned From Using ZTE, Huawei Phones Due To Hacking Vulnerability

Tuesday August 14th, 2018 11:12:35 PM
The U.S. government is taking precaution against smartphones made by certain Chinese manufacturers. Officials in the country are being prohibited from using devices made by ZTE and Huawei after issues pertaining to hacking vulnerabilities were uncovered recently.

MacBook Air With Retina Display: Quanta Reportedly Working On ‘Inexpensive Notebooks’

Monday August 13th, 2018 03:37:40 PM
There appears to be new evidence that could prove the existence of the rumored MacBook Air with Retina Display. However, Apple is still tight-lipped, with no plans to comment on the matter. Digitimes reported Monday that Taiwanese manufacturer Quanta Computer may no longer be the top notebook ODM (original design manufacturer) because Compal Electronics has already surpassed it in the second quarter, but it could greatly improve its performance in the fourth quarter due to Apple’s orders for new devices. 

Samsung Mulls Shutting Down China Plant Amid Lukewarm Sales

Monday August 13th, 2018 12:05:31 PM
Samsung Electronics could possibly shut down one of its smartphone-manufacturing facilities in China due to lukewarm sales in the country. The company is also considering soaring labor costs as another main reason for this move.  Industry sources revealed Monday that Samsung is now mulling over the idea of closing a China-based plant within the year. Samsung has two plants in the gigantic market, but the one that could end its operations soon is Tianjin Samsung Telecommunication (TSTC) in Tianjin, which is located in northern China.

International Business Times

Latest News

Iran's New Oil And Gas Contract Terms Flexible On Crude Price, Risk: Official

Saturday November 21st, 2015 01:48:00 PM
TEHRAN, Iran (Reuters) -- Iran's new oil and gas contracts will have flexible terms that take into account oil price fluctuations and investment risks, a senior Iranian official told Reuters Saturday. Iran is trying to lure back international oil companies to develop its vast oil and gas reserves once sanctions are lifted under a deal with world powers. Iran will announce a new development contract model at conferences in Tehran Nov. 28-29 ‎and in London in February.

With Crude Prices At Historic Lows, Saudi Arabia Pledges To Keep Oil Coming

Sunday November 8th, 2015 10:32:47 PM
A year after the price of crude went into free fall, the Kingdom of Saudi Arabia has said that it has no plans to reduce oil drilling. In comments to the Financial Times, Saudi officials said they see no reason to slow the supply of oil in advance of an international producers' meeting in December. 

How Will Federal Budget Deal Affect US Oil Security?

Wednesday October 28th, 2015 07:27:23 PM
As Middle East and Latin American countries grapple with sinking oil prices, the United States is considering a budget deal that would require the sale of 58 million barrels of oil from the emergency reserve created decades ago to shield the nation from market disruptions. While this release of crude is unlikely to directly affect oil prices, some experts say depleting the Strategic Petroleum Reserve could leave the U.S. vulnerable to unforeseen events that disrupt global oil markets.

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