While markets await a Saudi update, investors are likely asking how the kingdom left itself so vulnerable, and what it means for the future.Energyread more
Energy stocks, one of the worst-performing sector this year, spiked on Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
Of the recessions the U.S. has seen dating back to the early 1980s, none has come without an oil spike of at least 90%.Economyread more
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
The Vision EQS sits alongside an already growing array of production models from Mercedes that underscore its determination to dethrone Tesla as king of the emerging...Autosread more
It's a major comeback for Netflix after the company lost the streaming rights to shows like "Friends" and "The Office."Technologyread more
Democrats running to challenge Trump next year raced to show solidarity with the auto workers striking as they negotiate with General Motors.Politicsread more
Stocks fell on Monday amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth.Marketsread more
A year after Nike's "Dream Crazy" campaign featuring former San Francisco 49ers quarterback Colin Kaepernick brought about heavy controversy, the company won the "outstanding...Mediaread more
New research by the Digital Citizens Alliance shows how easy it is to buy illegal steroids and other appearance- and performance-enhancing drugs.Cybersecurityread more
China's southwestern province of Sichuan, the country's top pig-farming province, is removing some restrictions on hog production to stabilize supply after an epidemic of African swine fever reduced herds.
Sichuan produced more than 65 million pigs in 2017, according to official data, or more than 9% of the country's
total, making it China's leading producer.
But many farms have been hit by African swine fever, an incurable disease that kills almost all pigs infected, which is
still spreading through the world's leading pork market.
Sichuan's Department of Agriculture and Rural Affairs said in a notice on Monday it was setting "red lines" for pig output
in the province, with city mayors responsible for ensuring self-sufficiency of pork.
To achieve a provincial target of 40 million hogs a year, local authorities should promote standardized and modern
farming, and support farms that produce 2 million hogs or more each year with integrated feed plants and slaughtering
facilities, said the notice published on the department's website.
They should also remove any obstacles to projects under construction and allow them to be completed as soon as possible, it said.
The measures come after China's Ministry of Agriculture and Rural Affairs said the country's hog herd had shrunk by almost a third since a year ago, and as national pork prices hit a new record.
Sichuan also plans to abolish the 1-hectare (2.5-acre) limitation on land use for pig raising and related facilities
and allow for "reasonable use" of land to meet the needs of the pig industry, including permitting pig farms on some grades of protected forest land.
It also wants to promote areas with natural barriers that help raise bio security on farms.
Land planners should prioritize the construction of large-scale slaughtering facilities and the mergers and reorganization of slaughtering and processing enterprises will also be encouraged.
Beijing is trying to reduce the number of live pigs transported around the country, one of the main ways identified as contributing to the rapid spread of African swine fever in the country.
Sichuan also said it would encourage farms to introduce superior pig breeds from abroad as it tries to boost output, and
added that small farmers will receive more support in improving bio security and in selection for breeding.