russia

Non-OPEC yet to pledge concrete oil output steps after meeting OPEC

Non-OPEC producers made no specific commitment on Saturday to join the Organisation of the Petroleum Exporting Countries in limiting oil output levels to prop up prices – a stance that suggested they wanted OPEC to solve its differences first. Officials and experts from OPEC countries and non-OPEC nations including Azerbaijan, Brazil, Kazakhstan, Mexico, Oman and …

Originally posted here:
Non-OPEC yet to pledge concrete oil output steps after meeting OPEC

russia

South Korea court says it has not yet decided whether sale of Hanjin Shipping is needed

The South Korean court overseeing Hanjin Shipping's receivership process said on Wednesday that a sale of the world's seventh-largest container carrier, which collapsed late last month, is one of many options it is considering if the court concludes the company is to be rehabilitated. Judge Choi Ung-young, who serves as a court spokesman for media inquiries on the case, said a sale is possible in principle if it's deemed …

See the original post:
South Korea court says it has not yet decided whether sale of Hanjin Shipping is needed

russia

Zuckerberg initiative poaches AstraZeneca board member

The $3 billion health initiative set up by Facebook co-founder Mark Zuckerberg and his wife Priscilla Chan has hired one of AstraZeneca's non-executive directors to head up its science drive. The British drugmaker said on Wednesday that Cornelia Bargmann would step down from its board next month to take up a new role as president of Chan Zuckerberg Science, part of the …

Here is the original: 
Zuckerberg initiative poaches AstraZeneca board member

russia

South Korea to widen Takata air bag recall by 110,000 vehicles

South Korea said on Wednesday that 13 automakers will recall some 110,000 vehicles equipped with Takata Corp's defective air bags, the latest development in a long-running safety crisis involving the Japanese company. The United States in May announced a new

Here is the original: 
South Korea to widen Takata air bag recall by 110,000 vehicles

russia

OPEC set for no deal as Iran rejects Saudi oil output offer

Iran rejected on Tuesday an offer from Saudi Arabia to limit its oil output in exchange for Riyadh cutting supply, dashing market hopes the two major OPEC producers would find a compromise this week to help ease a global glut of crude. “The gap (in views) between OPEC countries is narrowing. Oil prices have more than halved from 2014 levels due to oversupply, prompting OPEC producers and rival Russia to seek a market rebalancing that would boost revenues from oil exports and help their crippled budgets

Original post:
OPEC set for no deal as Iran rejects Saudi oil output offer

russia

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

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…

Originally posted here:
Oil ends up 3 percentt as OPEC meets; volatility hits post-Doha high

russia

Oil edges lower amid scepticism about output freeze

Oil prices inched lower on Wednesday as market participants remained skeptical that producers will reach an agreement to freeze output to rein in a global supply glut. London Brent crude for November delivery was down 4 cents at $47.22 a barrel by 2018 EST,

Here is the original post:
Oil edges lower amid scepticism about output freeze

russia

Nissan, dealers fined 6 million euros over antitrust practices in Spain

MADRID (Reuters) – Spanish competition regulator CNMC said on Monday that Nissan's unit in the Iberian Peninsula and several of its autodealers had been fined 6 million euros ($6.69 million) over antitrust practices.

Read the original post:
Nissan, dealers fined 6 million euros over antitrust practices in Spain

russia

Obama says countries must move in concert on tax avoidance

U.S. President Barack Obama said on Monday that the United States had to move in concert with other countries on the issue of tax avoidance, as some U.S. allies were “racing to the bottom” with their tax policies. The European Commission said last …

Original post: 
Obama says countries must move in concert on tax avoidance

russia

General Motors settles ignition-switch cases

(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

Original post:
General Motors settles ignition-switch cases

« Previous Page — Next Page »