Exxon Mobil Corp, would invest $20 billion through 2022 to expand its chemical and oil refining plants on the U.S. Gulf Coast, the world's largest publicly traded oil producer said on Monday.   Chief Executive Darren Woods said in a speech at CERAWeek, the world's largest gathering of energy...

In the hope and aim to rake in capital after a major writedown on its U.S. nuclear unit last month, Japan's Toshiba Corpis preparing a potential $2 billion divestment of smart meter group Landis+Gyr, reported the international news agency Reuters quoting three people familiar with the matter....

Snap Inc was helped in pulling off the biggest U.S.-listed technology share sale this week since Chinese e-commerce juggernaut Alibaba Group Holding Inc smashed records in 2014 by institutional investors anxious not to be left out of this year's marquee initial public offering.   Sources...

 Apple CEO Tim Cook said at the company's annual shareholder meeting  that teh company has some products other than the iPhone on the horizon that are "essential to Apple's growth."   The executive told shareholders that , including "future stuff [he] can't talk...

As the Samsung Group announced the dismantling of its corporate strategy office, the latest developments in a graft scandal that has rocked the country, the South Korean prosecutors charged top conglomerate chief Jay Y. Lee with bribery and embezzlement on Tuesday.   Dealing a fresh blow to...

In order to try to offset the challenge of making a profit in a low-interest rate economy, the Royal Bank of Scotland announced that it plans to cut another £750 million in operating expenses next year. To deal with U.S. legal action and the scrapped sale of its Williams & Glyn business, the...

Its comparison to the living world can be drawn with the cockroach which has withstood millennial of evolution and remained alive. This device could be dropped from a plane or could even be run over or even crush it under a hydraulic press to try and destroy it. Yet it had retained its place among...

After Toshiba said it would consider selling most, even all, of the marquee business, there are expectations that the conglomerate may delay the sale of its prized flash-memory chip unit.   "It's moving in that direction (of a delay)," reported the local media citing a source who reportedly...

Smaller rival Cigna Corp was delivered a restraining order that blocks it from officially terminating their proposed $54 billion merger after Anthem Inc won a temporary that would delay the transaction that has already been rejected by U.S. antitrust regulators.   Saying it would keep the...

Nearly quadrupling its stake in Apple Inc and increasing its stake sevenfold in the four biggest U.S. airlines, Warren Buffett's Berkshire Hathaway Inc was an aggressive buyer of stocks in last year's fourth quarter.   Up from just from 15.2 million shares in the iPhone maker three months...

Samsung Group chief Jay Y. Lee, a suspect in a graft investigation that may topple President Park Geun-hye, was sought to be arrested by South Korea's special prosecutor's office as it said that it would again seek a warrant to arrest Lee.   On Monday, questioned for more than 15 hours by...