NOBLE Group has secured a binding commitment for US$100 million of trade finance facilities from a consortium of existing shareholders, the commodity trader announced on Friday before the market...

[LOS ANGELES] Electric car maker Tesla Inc's move last week to cut 9 per cent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial US$...

MAINBOARD-listed Nico Steel Holdings reclassified interest expense on working capital borrowings as operating activities instead of financing activities following its audit, leading to a discrepancy...

[VIENNA] Opec scrambled on Thursday to agree on raising oil output, with Saudi Arabia warning of shortages but Iran holding out against a deal amid the prospect of lower exports due to US sanctions...

EXXONMOBIL has started production at two new multi-billion dollar plants, producing petrochemicals used in adhesives and manufacturing tyres.

AUSTRALIAN builder Civmec is steering into shipbuilding with a major A$4 billion (S$4 billion) deal clinched with its joint venture partner, German shipyard Lürssen, to build a fleet of 10 offshore...

HONG Kong-listed engineering and renewable energy outfit CW Group expects it will not be able to repay Singapore dollar-denominated (SGD) notes and pay a final dividend to shareholders due to its...

THE odds of Opec reaching an oil-production deal increased as Iran edged away from a threat to veto any agreement that would raise output and Saudi Arabia put forward a plan that would add about 600,...

AT least three US coal shipments on their way to China may end up casualties of the escalating trade dispute after Beijing said it would impose steep tariffs that may kick in before the ships reach...

COAL will be increasingly squeezed out of the power generation market over the next three decades as the cost of renewables plunges and technology improves the flexibility of grids globally.