Chesapeake Energy Corp chief executive officer Doug Lawler had started trimming company's assets and expenses to shift the company's focus to its core business.
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Investor valuation sought to be raised for OAO RN Holdings
Investors seeking a higher violation for shares of OAO RN Holdings, a subsidiary of OAO Rosneft. Templeton Emerging Markets Group Chairman Mark Mobius said the OAO Rosneft offer to purchase shares in OAO RN Holding must be pegged above RUB67 or USD2.
European Union-Taiwan ties opposed by China
China had formally protested bilateral ties between the European Union and Taiwan. Beijing raised objections to the actions done by the European Parliament to build closer trade ties with Taiwan.
Budget impasse and debt crisis may form into economic superstorm
With Congress working feverishly, the current budget impasse and the debt ceiling may become an economic superstorm.
Data management firm exposes Google Chrome's cache flaw
Data management firm Identity Finder said the browser cache of Google Chrome could store a user's personal information.
Latest News
According to a Reuters report, world leaders should not ignore issues surrounding global economic security.
Alitalia remains operational because of capital infusion from Il Poste and Italian banks. Poste's investment in Italia is a move to allow the airline to keep operating and keep itself searching for foreign partners without denigrating itself.
Tokyo Electric's debtors allow debt roll over for the stricken power utility firm. Twenty eight financial institutions, including Sumitomo Mitsui Banking Corp have agreed to roll nearly a JPY77 billion or USD783 million syndicated loan for Tokyo Electric Power Co due to become mature by month's end.
Discussions between US President Barack Obama and House Speaker John Boehner to finish the budget gridlock besetting the US government.
The US is the next frontier for ZTE, as it partners with the NBA's Houston Rockets. The third largest smartphone seller in China, ZTE Corp, had laid out plan to become the one of the top three handset companies in the the next three years.
Janet Yellen's nomination for the role of chief of US Federal Reserve would add her to the list of women who shape the US economy primarily dominated by men.
Facebook Inc's investors including the social media company director Peter Thiel were not confident about the company's performance post-IPO.
Hulu is set to name Mike Hopkins as its new CEO to replace Andy Forssell, who took over from Jason Kilar.
Bank of Canada Governor Stephen Poloz expressed disappointment as to the country's economic performance despite signs of regained momentum.
