PetroChina Co plans to drop Petroleos de Venezuela SA (PDVSA) as a partner in a planned $10 billion oil refinery and petrochemical project in southern China, said three sources familiar with the matter this week. ...
Royal Dutch Shell vowed to stick to spending discipline this year even as 2018 profits jumped by more than a third to its highest since 2014, at $21.4 billion. The Anglo-Dutch oil company also reported ...
Germany, France and Britain have officially set up a European mechanism to facilitate non-dollar trade with Iran and circumvent U.S. sanctions, two diplomats said on Thursday. The EU has been preparing the system, in effect ...
Unilever reported lower-than-expected fourth-quarter sales on Thursday hurt by inflation in Argentina and flat volume growth in developed markets in its first set of results since new Chief Executive Alan Jope took charge. The maker ...
Some disengaged Nigerian seafarers on Thursday alleged that Ghanaians have taken over their jobs. They said that Ghanaians now dominated the the trawling business in Nigeria and called for government’s intervention to save them from ...
Mr Emmanuel Eze, the Chief Executive Officer, Perfectac Investment Trust, on Thursday commended the Federal Government for its initiative on Executive Order 007 on the road infrastructure. The executive order allows private sector operators to ...
The pound steadied on Thursday as Britain prepared to resume negotiations with the European Union over how to resolve the issue of Irish border arrangements after Brexit. Sterling has strengthened four per cent this year ...
Oil prices held steady on Wednesday supported by concerns about supply disruptions following U.S. sanctions on Venezuela’s oil industry, but pegged back by a darkening outlook for the global economy. U.S. West Texas Intermediate (WTI) ...
Asian equities steadied on Wednesday as investors awaited Federal Reserve policy guidance and the outcome of high level trade talks between the United States and China, while drawing relief from Apple Inc’s earnings. Spread-betters expect ...
Sterling rose on Wednesday after declines triggered by the UK parliament’s rejection of amendments to delay Brexit as investors bet the government would still avoid exiting the European Union without an agreed trade deal in ...
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