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Exxon sets goal for reducing emmission for Canada oil sands

Bloomberg Exxon Mobil Corp. set a goal for reducing emissions from its Canadian oil sands, the second time this year the world’s biggest oil explorer by market value published a greenhouse-gas target. Imperial Oil Ltd., a Calgary-based subsidiary 69-percent owned by Exxon, will reduce the intensity of emissions by 10 percent over the next five years, compared with 2016 levels, ...

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Jet Air vows to cut costs, sell stake in loyalty programme

Bloomberg Troubled carrier Jet Airways India Ltd. said it will sell a stake in its loyalty program and cut as much as $285 million in costs over the next two years as part of a turnaround plan after years of losses in a competitive aviation market. Announcing the biggest quarterly loss since 2015, the board of the Mumbai-based airline considered ...

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Walmart e-shoppers need not hang their own TVs anymore

Bloomberg Walmart Inc.’s betting the kind of shopper who doesn’t want to visit a physical store to purchase a TV probably doesn’t want to mount it, either. So the world’s largest retailer is expanding its partnership with on-demand home-services company Handy to sell installation and assembly packages right on its website, Handy said. Starting from Wednesday and rolling out across ...

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