project

China Energy Invests $83 billion into Energy Projects in West Virginia

China Energy Invests $83 billion into Energy Projects in West Virginia

According to Reuters, China Energy Investment Corp, the world’s largest power company in value of assets, has now signed a memorandum of understanding (MOU) to invest $83.7 billion in shale gas, power, and chemical projects in West Virginia, U..

Tesla to Build Factory in Shanghai

Tesla to Build Factory in Shanghai

Electric car manufacturer, Tesla Inc. (NASDAQ: TSLA), has confirmed the company has reached an agreement with the Shanghai municipal government to build a factory in the region, according to people familiar with the project, reported by the Wall Str..

Snapchat sells 150,000 Spectacles; is it enough to recover?

Snapchat sells 150,000 Spectacles; is it enough to recover?

Snap Inc.’s (NYSE: SNAP) CEO, Evan Spiegel, said on Tuesday that the company has sold approximately 150,000 of its camera glasses or Spectacles. Spiegel delivered the announcement in a conversation with Walter Isaacson, president and CEO of th..

Ford Q2 Earnings Beat Expectations

Ford Q2 Earnings Beat Expectations

Ford’s Motor Company (NYSE: F) second quarter earnings was released on Wednesday and surpassed all expectations of analysts.In its second quarter, the automotive car company’s posted a net income of $2 billion, while the total company&rs..

BP to take $750 million hit after backing out from Angola

BP to take $750 million hit after backing out from Angola

According to Reuters, BP P.L.C. (NYSE: BP), a British multinational oil and gas company headquartered in London, England, and one of the seven major one of the world's seven oil and gas "supermajors will take on a $750 million charge for un..