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Energy ministers from OPEC and Russia hold informal talks in Istanbul

October 12, 2016 by · Leave a Comment 

ISTANBUL (Reuters) – Energy ministers from Qatar, the United Arab Emirates, Algeria, Venezuela and Russia began informal closed-door talks with the secretary general of OPEC in Istanbul on Wednesday as they try to coordinate efforts to rebalance the oil market. OPEC officials are holding a flurry of meetings in coming weeks to nail down an agreement reached in Algiers last month on modest output cuts…

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Energy ministers from OPEC and Russia hold informal talks in Istanbul

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Oil ends up 3 percentt as OPEC meets; volatility hits post-Doha high

September 26, 2016 by · Leave a Comment 

NEW YORK/LONDON (Reuters) – Oil settled up 3 percent on Monday as the world's largest producers gathered in Algeria to discuss ways to support prices, with nervous trade driving volatility to its highest since a similar meeting to freeze output in April in Doha which failed. The Organization of the…

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Oil ends up 3 percentt as OPEC meets; volatility hits post-Doha high

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General Motors settles ignition-switch cases

September 5, 2016 by · Leave a Comment 

(Reuters) – General Motors Co said it settled the remaining two ignition-switch cases for an undisclosed amount in a series of six test trials over the defect The remaining trials were

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General Motors settles ignition-switch cases

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Oil pares gains after Saudi, Russia sign pact

September 5, 2016 by · Leave a Comment 

By Ahmad Ghaddar LONDON (Reuters) – Crude oil futures pared gains on Monday after top producers Russia and Saudi Arabia said they have agreed to cooperate on stabilizing the oil market, including limiting output. Saudi Arabia and Russia said on the sidelines of the G20 summit in China that they signed an agreement to set up a task force to review oil market fundamentals and to recommend measures and actions that will secure…

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Oil pares gains after Saudi, Russia sign pact

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Microsoft gets support in gag order lawsuit from U.S. companies

September 4, 2016 by · Leave a Comment 

By Dustin Volz WASHINGTON (Reuters) – Technology, media, pharmaceutical and other companies, along with major corporate lobbying groups, filed legal briefs on Friday in support of a Microsoft Corp lawsuit that aims to strike down a law preventing companies from telling customers the government is seeking their data. Microsoft's backers included the U.S. Chamber of Commerce, the National Association of Manufacturers, Delta Air Lines …

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Microsoft gets support in gag order lawsuit from U.S. companies

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Formula One sale to Liberty Media to go ahead next week: auto motor und sport

September 4, 2016 by · Leave a Comment 

A sale of Formula One to Liberty Media is to go ahead next week, the sport's commercial supremo Bernie Ecclestone told German trade magazine auto motor und sport on the sidelines of the Italian Grand Prix at Monza on Saturday. The magazine said that according to Ecclestone, Liberty Media will transfer the first of two tranches of payment in the $8.5 billion…

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Formula One sale to Liberty Media to go ahead next week: auto motor und sport