Aug 17 Norway's BW Offshore has won
approval from Brazilian oil regulator ANP for the purchase of
the Maromba oilfield, part of the Oslo-listed company’s plan to
become an operator and not just a supplier of oil services,
platforms and ships.
U.S. Senate minority leader Chuck Schumer called on the FBI and the Federal Trade Commission to conduct a national security and privacy investigation into FaceApp, a face-editing photo app developed in Russia, in a letter sent on Wednesday.
U.S. parcel delivery firm FedEx Corp on Monday sued the U.S. government, saying it should not be held liable if it inadvertently shipped products that violated a Trump administration ban on exports to some Chinese companies. | Video
Legg Mason Inc said on Thursday that the mutual fund company is cutting 120 jobs, or about 12% of its corporate workforce, with the step coming only days after the appointment of Trian Fund Management LP's Nelson Peltz and Ed Garden as directors.
Huawei Technologies' founder and chief executive Ren Zhengfei said on Saturday the growth of the Chinese tech giant "may slow, but only slightly" due to recent U.S. restrictions.
Robin Phillips, HSBC Holdings Plc's co-head of global banking, will depart in the coming months, a source familiar with the matter said on Wednesday.
British security officials do not support a full ban of Huawei from national telecoms networks despite U.S. allegations the Chinese firm and its products could be used by Beijing for spying, people with knowledge of the matter said. | Video