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OPEC+ likely to keep oil output policy from September unchanged, sources say
DUBAI/LONDON (Reuters) - OPEC+ is likely to keep its oil output policy unchanged when the group meets on Wednesday and continue with its planned modest production increase, three OPEC+ sources told Re...
Syndicated Content Aug 30, 2021
China’s Meituan reports third straight quarterly loss
BEIJING (Reuters) -Chinese food delivery giant Meituan posted a third consecutive quarterly loss on Monday as it continues to invest in expanding its various businesses. Meituan, China's eighth larges...
Syndicated Content Aug 30, 2021
Alibaba fires 10 for leaking sexual assault accusations – Bloomberg News
(Reuters) - Alibaba Group Holding Ltd dismissed 10 employees for publicizing a female colleague's account of sexual assault allegations against a former manager, Bloomberg News reported on Monday, cit...
Syndicated Content Aug 30, 2021
Indonesia approves plan to develop Ubadari gas field, Vorwata carbon project
TOKYO (Reuters) - Mitsubishi Corp and other Japanese firms said on Monday an Indonesian regulator has approved their plan to develop the new Ubadari gas field and raise output at the existing Vorwata ...
Syndicated Content Aug 30, 2021
Shopee dips toe in India e-commerce market with seller recruitment campaign
By Fanny Potkin SINGAPORE (Reuters) - Singapore-headquartered Sea Ltd's Shopee has launched a recruitment campaign for sellers to sell on "Shopee India" and is ramping up hiring in the country, accord...
Syndicated Content Aug 30, 2021
Indian auto parts makers’ shares gain on report of talks with Tesla
BENGALURU (Reuters) - Shares of Indian auto parts suppliers rose as much as 14% on Monday following a report electric-vehicle maker Tesla Inc was in talks with at least three companies to source criti...
Syndicated Content Aug 30, 2021
Universal Studios Beijing to open on Sept. 20 – state tv
SHANGHAI (Reuters) - Universal Studios' Beijing resort will officially open on Sept. 20, China's state broadcaster CCTV said on Monday, citing the theme park. The park, a joint venture between Comcast...
Syndicated Content Aug 30, 2021
China’s CNOOC launches first offshore carbon capture project
BEIJING (Reuters) - China's top offshore oil and gas producer, CNOOC, has launched the country's first offshore carbon capture and storage (CCS) project in South China Sea, which is expected to store ...
Syndicated Content Aug 30, 2021
European stocks hold firm near record highs
(Reuters) - European stocks inched higher on Monday, holding below record highs scaled earlier this month, as hopes that continued central bank support would sustain an economic recovery offset woes a...
Syndicated Content Aug 30, 2021
Hurricane Ida plunges New Orleans into darkness amid Louisiana flooding
By Devika Krishna Kumar NEW ORLEANS (Reuters) - Hurricane Ida pounded Louisiana after sweeping ashore from the Gulf of Mexico, flooding wide areas under heavy surf and torrential rains as fierce winds...
Syndicated Content Aug 30, 2021
Peoria, IL, USA
52 °F Overcast
