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Exclusive-Guyana in ‘no rush’ to draft new oil production-sharing pact -minister
By Marianna Parraga HOUSTON (Reuters) - Guyana is in "no rush" to draft a new production sharing agreement (PSA) for offshore oil development, its Natural Resources minister told Reuters, reversing a ...
Syndicated Content May 06, 2022
Biden should give ASEAN leaders face time to improve ties, says Cambodian minister
By David Brunnstrom and Simon Lewis WASHINGTON (Reuters) - U.S. President Joe Biden should give Southeast Asian leaders more personal time during a summit in Washington next week if his administration...
Syndicated Content May 06, 2022
Fed says banks in good shape despite volatility, warns on prime broker risk
By Pete Schroeder WASHINGTON (Reuters) - The U.S. Federal Reserve said Friday the U.S. banking system remains strong despite heightened volatility and geopolitical risk, but cautioned them against pri...
Syndicated Content May 06, 2022
Danone reorganises Chinese assets, cuts ties with Mengniu
PARIS (Reuters) -France's Danone said on Friday it would end its partnership with Chinese milk firm Mengniu by selling a 25% stake it holds in milk powder maker Yashili as well as a 20% joint venture ...
Syndicated Content May 06, 2022
Occidental shareholders reject climate proposal from activist investors
By Sabrina Valle HOUSTON (Reuters) - Occidental Petroleum Corp shareholders on Friday voted against a proposal by activist investor group Follow This to extend the company's current carbon emissions r...
Syndicated Content May 06, 2022
CME explores nickel contract after LME trade chaos -sources
By Pratima Desai LONDON (Reuters) - CME Group is talking to market participants about the idea of a cash-settled nickel contract for companies to hedge costs of the electric vehicle battery raw materi...
Syndicated Content May 06, 2022
Decline and near fall of Italy’s Monte dei Paschi, the world’s oldest bank
MILAN (Reuters) - An appeals court on Friday acquitted all 13 defendants, as well as Deutsche Bank and Nomura, over derivative deals that prosecutors alleged helped Monte dei Paschi di Siena hide loss...
Syndicated Content May 06, 2022
U.S. DOJ says two mayors in Puerto Rico arrested and charged with taking bribes
By Kanishka Singh WASHINGTON (Reuters) - The mayors of two municipalities in Puerto Rico were arrested on public corruption charges, the U.S. Justice Department said on Friday, confirming an earlier m...
Syndicated Content May 06, 2022
Jefferies says CEO Handler’s Instagram account hacked
(Reuters) - Investment bank Jefferies Financial Group Inc said on Friday the Instagram account of its Chief Executive Officer Rich Handler had been hacked. "Any stories related to discounted sales of ...
Syndicated Content May 06, 2022
McColl’s sinks into administration after Morrisons deal snubbed
By James Davey and Pushkala Aripaka (Reuters) -Struggling British convenience store chain McColl's collapsed into administration on Friday, putting 16,000 jobs at risk after its lenders rejected a res...
Syndicated Content May 06, 2022
Peoria, IL, USA
42 °F Partly cloudy
