Good news boosts Lewis shares  IOL DURBAN – The Lewis Group rose more than 6 percent on the JSE yesterday after the retailer beat market expectations with a strong trading update for the …

Mexico’s new President Andres Manuel Lopez Obrador said Sunday he would reverse shrinking investment in the state oil company by pouring $3.7 billion into Pemex in 2019, in a bid to boost crude and refined products’ output. “We are going to increase investment in Pemex by 75 billion pesos from what was authorized for 2018,” […]

Trump said he had signed a memo telling the Environmental Protection Agency to lift summertime fueling restrictions on E15 gasoline containing as much as 15 percent ethanol. On Tuesday night, Trump underscored the policy change at a rally in Iowa, the nation’s top producer of both ethanol and the corn used to make it.

Pioneer Natural Resources will boost its 2018 capital spending budget by roughly $450 million to address rising costs and to increase its drilling and well-completion activities, the company said on Wednesday. Pipeline constraints that are pushing down the price of Permian Basin crude could hamper the increase in service costs as companies opt to delay […]

The car is set to hit roads soon.

The 'Oracle of Omaha's first quarter stock moves are out.

It's still in the early stages.

The Cleveland Cavaliers received a pleasant surprise when All-Star forward Kevin Love returned from injury in a win over the Milwaukee Bucks. Love, who had been rehabilitating a broken hand, scored 18 points in 25 minutes for a dynamic Cleveland offense that posted 124 points. It was his first game…

In its annual report, Berkshire said the increase, to $18.2 billion, was made in the fourth quarter, and was based on higher-than-expected loss payments reported by AIG. Berkshire also boosted a related deferred charge asset by $1.7 billion, and estimated its year-end net liability under the contract was $10.7 billion. The January 2017 contract called […]

Cisco Systems Inc reported its first rise in quarterly revenue in more than two years, which also topped analysts’ estimates, as the network gear maker’s years-long efforts to transition to a software-focused …