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A shale booster shot: ‘Re-fracs’ rise as cheap way to lift U.S. oil output
By Liz Hampton (Reuters) - U.S. shale oil producers are returning to existing wells and giving them a second, high-pressure blast to lift output for a fraction of the cost of a finishing a new well. T...
Syndicated Content Jun 27, 2022
Naspers, Prosus to sell Tencent shares to fund buybacks
(Reuters) - Chinese software giant Tencent Holdings said on Monday it noted an announcement from two of its shareholders, South Africa's Naspers Ltd and Prosus, that they would start a long-term, open...
Syndicated Content Jun 27, 2022
Timeline – The Bolsheviks to Putin: a history of Russian defaults
By Jorgelina do Rosario LONDON (Reuters) - In 1918, Soviet revolutionary Leon Trotsky told Western creditors aghast at the Bolsheviks' repudiation of Russia's external debt: "Gentlemen, you were warne...
Syndicated Content Jun 27, 2022
Credit Suisse faces verdict in cocaine-cash trial
By Brenna Hughes Neghaiwi and John O'Donnell ZURICH (Reuters) - Swiss judges are set to rule on Monday whether Credit Suisse failed to prevent money laundering linked to an alleged cocaine trafficking...
Syndicated Content Jun 27, 2022
Australian retail giants targeted in facial recognition tech complaint
By Byron Kaye SYDNEY (Reuters) - A major consumer group has referred three of Australia's biggest retail chains to the privacy regulator, saying they use "unreasonably intrusive" facial recognition te...
Syndicated Content Jun 26, 2022
Court ratifies Garuda Indonesia’s $9 billion debt restructuring deal
JAKARTA (Reuters) - A court overseeing airline Garuda Indonesia's debt restructuring negotiations on Monday ratified a deal with creditors to repackage more than $9 billion of the carrier's debt, a co...
Syndicated Content Jun 26, 2022
Column-Iron ore needs China stimulus action, not just words: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) - Iron ore prices have slipped for three straight weeks, with the decline reflecting an evaporation in confidence over China's economic stimulus, which...
Syndicated Content Jun 26, 2022
Taiwan holders of Russian bonds say haven’t received payments -sources
By Emily Chan TAIPEI (Reuters) - Some Taiwanese holders of Russian Eurobonds have not received interest due on May 27 after a grace period expired on Sunday evening, two sources said, potentially sett...
Syndicated Content Jun 26, 2022
Dollar shelters under recession clouds as investors put safety first
By Tom Westbrook SINGAPORE (Reuters) - The dollar found support from investors worried about recession and seeking safety to hold just below a two-decade high on Monday, having slipped late last week ...
Syndicated Content Jun 26, 2022
Taiwan, United States to hold trade talks on Monday
TAIPEI (Reuters) - Taiwan and the United States will hold trade talks on Monday under a newly agreed framework, the office of the U.S. Trade Representative said. Deputy U.S. Trade Representative Sarah...
Syndicated Content Jun 26, 2022
Peoria, IL, USA
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