Foxconn, the world's largest contract electronics maker, is considering setting up a display-making plant in the United States in an investment that would exceed US$7 billion, company chairman and chief executive Terry Gou said on Sunday.
OPEC and non-OPEC countries have made a strong start to lowering their oil output under the first such pact in more than a decade, energy ministers said on Sunday as producers look to reduce oversupply and support prices.
The head of Foxconn, the world's largest contract manufacturer of electronic goods and a major Apple Inc supplier, said on Sunday that the rise of protectionism is unavoidable.
U.S. President Donald Trump's administration is only hours old, but already a small parade of S&P 500 companies' chiefs have voiced optimism that his promised tax cuts, stimulus spending and deregulation will boost corporate profits.
Apple on Friday sued Qualcomm, accusing the California chipmaker of abusing its market power to demand unfair royalties, echoing charges filed days earlier by US antitrust regulators.
A U.S. bankruptcy court judge granted Avaya Inc approval on Friday to tap US$425 million of the US$725 million loan proposed to carry the telecommunications company through its restructuring, funds the company said were essential to continue operations.
Commodities trader and investor TrailStone Group has purchased Cargill Inc's gas and power trading group, three sources familiar with the deal said this week.
US stocks were in positive territory virtually the entire day, but they retreated from session highs after Trump's inauguration speech, which analysts called populist and protectionist.
Morgan Stanley Chief Executive James Gorman's overall pay rose 7 percent in 2016 as the Wall Street bank's stock soared and it edged closer to hitting a key profitability target.
U.S. department store chains, hit by slowing sales for more than two years, have used layoffs, store closings and cutbacks to maintain one aspect of stability: profit margins.