Tuesday, September 2nd, 2014

Sinopec Doubles Profits! About: (SNP, CEO, PTR, ) As China’s voracious oil demand continues to soar and vehicle sales roar past the ten million mark, Sinopec (SNP) is reaping the benefits. China Petroleum & Chemical Corp., or Sinopec, posted third-quarter net profit more than double year-earlier levels, beating out rivals Cnooc Ltd. (CEO) and PetroChina [...]

Fortune Smiles on China Chinese Companies Race To New Highs It’s more bad news for the U.S. as the latest Fortune 500 global ranking hits the wires. The number of U.S. companies in the top 500 has fallen to just 140. That is the lowest number since Fortune began the list more than fifteen years [...]