Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
OPEC+ may meet this week if laggards agree to comply: sources
LONDON/DUBAI/MOSCOW (Reuters) - OPEC+ oil producers could still hold a virtual ministerial meeting this week if Iraq and others that have not fully complied with current oil supply cuts agree to boost...
Jun 04, 2020
‘Terminal decline’ of fossil industry risks crisis unless regulators act: study
By Matthew Green LONDON (Reuters) - Cheap renewable energy, climate policies and the coronavirus are pushing fossil fuel companies towards a process of "terminal decline" that could trigger a new fina...
Jun 04, 2020
Saudi Aramco to delay July OSPs pending OPEC+ meeting: sources
DUBAI (Reuters) - Saudi Aramco is set to delay its July crude official selling prices (OSPs) until at least Sunday pending the outcome of a meeting of OPEC+ producers, two sources familiar with the ma...
Jun 04, 2020
Ships carrying stored gasoline to discharge cargoes at Indonesia
By Seng Li Peng and Wilda Asmarini SINGAPORE/JAKARTA (Reuters) - Two of six tankers used to store gasoline in Asia have arrived in Indonesia, with shipments into Asia's largest petrol importer expecte...
Jun 04, 2020
Euro zone retail sales in record slide in April as even food down
BRUSSELS (Reuters) - Euro zone retail sales fell at a new record pace in April, but not as steeply as expected, as shopping declined for nearly all items, including food and drink, during a full month...
Jun 04, 2020
GM to work closely with CATL in its China EV push: executive
By Yilei Sun and Brenda Goh SHANGHAI (Reuters) - General Motors will "work very closely" with Chinese electric vehicle battery maker Contemporary Amperex Technology Ltd (CATL) as it ramps up electric ...
Jun 04, 2020
Outside bidders keen on Thyssenkrupp elevator assets: RAG CFO
FRANKFURT/DUESSELDORF (Reuters) - A consortium that agreed to buy Thyssenkrupp's elevator division for 17.2 billion euros ($19.25 billion) earlier this year is getting regular requests to sell parts o...
Jun 04, 2020
UK offers 10 billion pounds in guarantees for trade credit insurance
By William Schomberg and Carolyn Cohn LONDON (Reuters) - Britain's government provided more support to businesses hit by the coronavirus crisis, saying it would guarantee up to 10 billion pounds ($12....
Jun 04, 2020
Denmark should end oil and gas hunt, says government adviser
COPENHAGEN (Reuters) - Denmark should end all future oil and gas exploration in the North Sea, an independent adviser to the government said on Thursday, saying it would hurt Denmark's ambition as a f...
Jun 04, 2020
UK construction’s crash eases only partially in May: PMI
LONDON (Reuters) - The unprecedented slump in Britain's construction industry caused by the coronavirus lockdown eased only partially in May, according to a survey that showed that building companies ...
Jun 04, 2020
