Companies News

China's corporate debt has hit record levels and is likely to accelerate a wave of domestic restructuring and trigger more defaults, as credit repayment problems rise.

China's corporate debt has hit record levels and is likely to accelerate a wave of domestic restructuring and trigger more defaults, as credit repayment problems rise.

Anglo Dutch oil company Royal Dutch Shell <RDSa.L> said on Friday it has agreed to sell its Australian downstream businesses to oil trader Vitol SA <VITOLV.UL> for about A$2.9 billion ($2.6 bill...

Earlier this month, Eaton Corp Plc <ETN.N> made an announcement that captured little attention: the diversified manufacturer of heavy truck transmissions and residential circuit breakers ...

Sluggish growth among young technology firms could bode trouble for the U.S. economy, according to a new report from the Kauffman Foundation.

On Friday a man in St. Louis received two years probation for mailing cat feces to companies that didn't hire him. He plead guilty to mailing injurious articles.

Austin - Convenience, variety, and discounted prices are literally at our fingertips when we shop online. E-commerce has revolutionized the way we shop; we no longer have to leave our houses or even get dressed to make an important purchase.

New York - The gun manufacturing company Kahr Arms has announced that it will be relocating from its home state of New York due to the rising gun control in the state.

Atlanta - In this tough economy, companies are finding ways to entice customers to shop at their business. One method that has been proven effective time and again are customer rewards programs, otherwise known as loyalty appreciation.

Cayman Islands is a popular destination for tax evasion in movies and possibly reality as well. However, this is all about to change with the new policies the Cayman Islands regulator body is considering.