Category Archives: Insights

Chevron posts first loss since 2002 on crude oil plunge

Chevron Corp (CVX.N) reported its first quarterly loss in more than 13 years on Friday despite Wall Street’s expectations for a profit, as plunging oil prices eroded profitability across all its divisions. It was the latest sign that the more

One tech VC is increasingly bullish on China

It’s been a wild year for China’s tech companies. But one venture firm is more bullish than ever. DCM, a 20-year-old firm with operations in Beijing, Tokyo and Silicon Valley, is aiming to raise $400 million for a China-focused fund,

EU steps up pressure for rapid deal to revive asset-backed debt

European Union reform of the securitized debt market to help to revive the region’s economy is likely to be binding on member countries to speed up change, a senior official from the bloc’s executive body said on Tuesday. The European