Business

As Venezuela pumps below OPEC target, oil rivals begin filling gap

As Venezuela pumps below OPEC target, oil rivals begin filling gap

Published 20/11/2017

FILE PHOTO: A boat is seen close to oil installations at Lake Maracaibo in Cabimas, Venezuela October 5, 2017. Picture taken October 5, 2017. REUTERS/Isaac [more…]

Asia stocks wilt, German coalition impasse hits euro

Asia stocks wilt, German coalition impasse hits euro

Published 20/11/2017

People walk past an electronic board showing exchange rate between Japanese Yen and U.S. Dollar outside a brokerage at a business district in Tokyo, Japan [more…]

Oil markets tepid ahead of Nov. 30 OPEC meeting

Oil markets tepid ahead of Nov. 30 OPEC meeting

Published 20/11/2017

Men work for Iraqi Drilling Company at Rumaila oilfield in Basra, Iraq, May 11, 2017. REUTERS/Essam Al-SudaniSINGAPORE (Reuters) - Oil markets were tepid on Monday [more…]

China to offer financing help, subsidies to boost private investment in manufacturing

China to offer financing help, subsidies to boost private investment in manufacturing

Published 20/11/2017

China issued guidelines on Monday aimed at boosting private investment in manufacturing, including stepping up fiscal support and "innovative financing" for private firms to gear towards greener development and move up the value chain. [more…]

Rebel Australian lawmakers say to force wide-ranging banking probe

Rebel Australian lawmakers say to force wide-ranging banking probe

Published 20/11/2017

SYDNEY (Reuters) - Rebel government lawmakers in Australia vowed on Monday to force a powerful inquiry into the country’s scandal-hit banking sector, further turmoil for [more…]

Alibaba goes offline with $2.9 billion stake in China’s top grocer

Alibaba goes offline with $2.9 billion stake in China’s top grocer

Published 20/11/2017

FILE PHOTO: An employee is seen behind a glass wall with the logo of Alibaba at the company's headquarters on the outskirts of Hangzhou, Zhejiang [more…]

Australia’s economy seen growing at ‘modest’ pace: IMF

Australia’s economy seen growing at ‘modest’ pace: IMF

Published 20/11/2017

FILE PHOTO: A worker looks on as a drill breaks the pavement on a construction site next to Barangaroo building complex in Sydney's central business [more…]

As many Venezuela bondholders stampede, some joust for advantage

As many Venezuela bondholders stampede, some joust for advantage

Published 20/11/2017

NEW YORK/LONDON/CARACAS (Reuters) - Venezuela’s efforts to restructure its debt may have triggered an initial stampede for the exits, but some investment funds are maintaining [more…]

Canada, Mexico to question U.S. auto content demands at NAFTA talks

Canada, Mexico to question U.S. auto content demands at NAFTA talks

Published 20/11/2017

A NAFTA banner is seen during the fifth round of NAFTA talks involving the United States, Mexico and Canada, in Mexico City, Mexico, November 19, [more…]

U.S. bank examiners to show lighter touch, OCC’s Noreika says

U.S. bank examiners to show lighter touch, OCC’s Noreika says

Published 20/11/2017

NEW YORK (Reuters) - A top U.S. bank regulator has been working to ensure that examiners on the ground have a lighter touch with institutions [more…]