
China statistics chief says false economic data is a problem
China's top statistician has accused local officials of "falsifying" economic figures and warned offenders would be severely punished, reflecting growing concern about the reliability of government data. ... more
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Chevron outlines cut in exploration and production spending
Chevron said its spending plans next year for exploration and production should be about 15 percent lower as market pressures endure for the company. ... more
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Asteroid tells secrets of Earth's 'far wetter' building blocks
Boeing accelerates spacecraft production with 3D-printed solar panel structures
10 Reasons Why Students Should Not Have Homework
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China exports snap losing streak on weaker yuan
Chinese exports beat expectations in November, a positive sign for the global economy, but analysts warned Thursday of an uncertain outlook as US President-elect Donald Trump prepares to take office, with Beijing's trade policy in his sights. ... more
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S. Korea fines Volkswagen $32 mn for false advertising
Seoul's anti-trust agency slapped the South Korean unit of German carmaker Volkswagen with a 37.3 billion won ($32 million) fine Wednesday for false advertising over the carmaker's emissions fraud scandal. ... more
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Russian oil producers loosely in line with OPEC
Russian oil companies have warmed to an OPEC decision on production levels, but only in very loose terms, the Russian energy minister said. ... more
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Global consortium buys majority of UK gas business
Companies from Australia, China and Qatar have purchased a majority stake in the gas distribution business of Britain's National Grid, the group announced on Thursday. ... more
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U.S. oil producers lifted by OPEC action
Some oil producers in the United States are expected to see gains as oil prices recover on the back of OPEC's output agreement, Platts reports. ... more
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