HONG KONG (Dow Jones)--Cnooc Ltd. (CEO), China's biggest offshore oil and gas producer by output, said Wednesday it appointed executive director Li Fanrong as new chief executive, replacing Yang Hua, with immediate effect. The firm said in a statement ... Cnooc Names Li Fanrong As Chief Executive With Immediate Effect
New York: US stocks fell for a fifth day in a row on Tuesday, having lost more than 5% over that period as borrowing costs in Spain hit another record high. The market remains anchored by concerns about the worsening debt crisis in Europe where rising ... Investors, still fixated on EU, sell for 5th day