LULIANG, China (Reuters) - Chinese state oil giants Sinopec and PetroChina are waging war at the nation's gas pumps, slashing prices at unprecedented rates in an effort to reclaim sales lost to private local and foreign rivals in the $440 billion retail fuel market.
PARIS (Reuters) - U.S. missile maker Raytheon plans to announce it will restart its Standard Missile 2 (SM-2) production line after a $650 million dollar order from four U.S. allies, the president of Raytheon's Missile Systems, Taylor Lawrence, said on Sunday.
PARIS (Reuters) - Low-cost carrier Viva Air Peru looked close to reaching a roughly $5 billion deal with Airbus for medium-haul jets on Sunday, as Western planemakers seek to defy expectations of slow sales at this year's Paris Airshow.
WASHINGTON (Reuters) - President Donald Trump and Republican leaders in Congress will soon confront a complex challenge for tax reform: how to limit U.S. corporate tax avoidance schemes that take advantage of low tax rates in foreign countries.
(Reuters) - Lockheed Martin Corp is in the final stages of negotiating a deal worth more than $37 billion to sell a record 440 F-35 fighter jets to a group of 11 nations including the United States, two people familiar with the talks said.