Industrials Commercial and Professional Services

  • CARACAS, May 3- Venezuela's oil output may fall to average some 2.35 million barrels-per-day this year, as the South American OPEC country's cash crunch and shortages weigh on production, according to energy consulting firm IPD Latin America. That estimate is a whisker above the 2.53 million bpd Venezuela produced in the first quarter, according to OPEC...

  • CARACAS, May 3- Venezuela's oil output may fall to average some 2.35 million barrels-per-day this year, as the South American OPEC country's cash crunch and shortages weigh on production, according to energy consulting firm IPD Latin America. That estimate is a whisker above the 2.53 million bpd Venezuela produced in the first quarter, according to OPEC...

  • *Says could save Egypt nearly $2 bln in five years. A dimly lit room awash with the soft glow of CCTV feeds from around the country, Blumberg Grain's command and control centre is the central nervous system of a fast-expanding network of grain storage facilities the company says will save Egypt nearly $2 billion in five years. As Egypt begins its wheat harvest this...

  • *Says could save Egypt nearly $2 bln in five years. A dimly lit room awash with the soft glow of CCTV feeds from around the country, Blumberg Grain's command and control centre is the central nervous system of a fast-expanding network of grain storage facilities the company says will save Egypt nearly $2 billion in five years. As Egypt begins its wheat harvest this...

  • CHICAGO, April 6- A friend called recently looking for advice about her 401. Should she roll over her $250,000 nest egg and withdraw some of the funds to help her through the career transition? His proposal would cost her at least $74,000 in fees over the next 20 years, compared with $23,000 in the 401- based on a simple back-of-the-envelope calculation assuming no...

  • An employee checks labels of "Naranja Agria" on the bottling line at the Badia Spices factory in Doral, Florida.

    The index hit 54.5 in March, higher than the 54 expected by Wall Street.

  • Subtle product placement works best: SeeSaw

    SeeSaw’s director, Darryl Collis, talks about product placement in the latest James Bond movie, Spectre.

  • Square Reader

    Square, which helps businesses manage credit-card and gift card payments, filed for initial public offering with the SEC.

  • Accenture reported better-than-expected quarterly earnings and revenue, helped by strong demand in North America.

  • The CNBC Crowdfinance Services Index represents private service industry companies raising the most capital through equity crowdfunding.

  • Xerox

    Xerox reported a slightly better-than-expected quarterly profit as expenses declined 4 percent.

  • Accenture raised its revenue forecast for fiscal 2015 after contract wins helped it post better-than-expected first-quarter earnings and revenue.

  • Indian retailers are struggling to keep up online as e-commerce garner large investments.

  • Morningstar said personal information, including credit-card details, of about 2,300 customers may have been compromised due to a security breach last year.

  • Wal-Mart signage is seen in the parking lot of the store in Mexico City, Mexico.

    Wal-Mart entered India's supermarket sector in 2010 with a $100 million bet on a consultancy with no employees, no profits, and a scant $14,000 in revenue.