By Ahmad Ghaddar and Alex Lawler LONDON – OPEC and allied producing countries including Russia will likely stick to a plan for accelerated oil output increases in August, sources said, …
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By Marcela Ayres and Bernardo Caram BRASILIA – Brazil’s Economy Ministry is trying to limit the cost of higher cooking gas subsidies and a new cash transfer program for truck …
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By David French NEW YORK – RedBird Capital Partners is partnering with an outgoing executive from Raymond James Financial Group to establish a new asset and wealth management platform, sources …
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By Jarrett Renshaw and Laura Sanicola (Reuters) – U.S. refiners will try to convince the Biden administration not to ban exports of U.S. fuel to combat record gas prices during …
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By Sudarshan Varadhan and Aftab Ahmed NEW DELHI -India’s top steelmaker Tata Steel imported about 75,000 tonnes of coal from Russia in the second half of May, two trade sources …
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DOHA – Air India is in discussions with Airbus and Boeing for the potential purchase of up to 300 narrowbody jets, industry sources said. Airbus and Boeing declined comment on …
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By Mike Stone ST LOUIS, Missouri – The Biden administration’s plan to sell four large, armable drones to Ukraine has been paused on the fear its sophisticated surveillance equipment might …
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RIO DE JANEIRO – Petrobras’ board of directors held discussions Friday over freezing fuel prices for 45 days, according to three sources with knowledge of the matter. The proposal, presented …
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Exclusive: China firms in advanced talks with Qatar for gas field stakes, LNG offtake – sources
by ReutersBy Chen Aizhu SINGAPORE – China’s national oil majors are in advanced talks with Qatar to invest in the North Field East expansion of the world’s largest liquefied natural gas …
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By Giuseppe Fonte and Valentina Za ROME – Italy expects to reach an informal agreement with European Union authorities soon over new restructuring goals for Monte dei Paschi di Siena …
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EU cartel raids target fashion designers proposing sales periods, discount changes – sources
by ReutersBy Foo Yun Chee BRUSSELS -EU antitrust regulators, which raided some fashion companies last month, are focusing on a group of designers who two years ago called for changes in …
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By Aditi Shah and Aditya Kalra NEW DELHI – A key executive who was leading Tesla’s lobbying effort in India has resigned, weeks after the U.S. carmaker put on hold …
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By Jonathan Saul LONDON – State-controlled Russian National Reinsurance Company (RNRC) is now the main reinsurer of Russian ships, including Sovcomflot’s fleet, after Western insurance firms withdrew cover for Russian …
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By Svea Herbst-Bayliss (Reuters) -Hedge funds Macellum Advisors and Ancora Advisors have lost their bid for board seats at supermarket operator SpartanNash Co, according to two sources familiar with the …
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ATHENS – A Greek court on Wednesday overturned an earlier court ruling that allowed the confiscation by the United States of part of a cargo of Iranian oil on an …
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By Sabrina Valle, Marwa Rashad and Ron Bousso HOUSTON -Qatar has picked Exxon Mobil Corp, TotalEnergies SE, Shell and ConocoPhillips as partners in the expansion of the world’s largest liquefied …
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By Krystal Hu and Greg Roumeliotis (Reuters) – Elon Musk’s efforts to arrange new financing that will limit his cash contribution to his $44 billion acquisition of Twitter Inc have …
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By Christoph Steitz and Markus Wacket FRANKFURT/BERLIN – German state-owned bank KfW is considering taking a stake in TransnetBW, the high-voltage power transmission network that EnBW is looking to open …
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Exclusive: Russia warns U.S. media in Moscow they risk losing their accreditation – sources
by ReutersBy Guy Faulconbridge LONDON – Russia warned U.S. news organisations on Monday they risked being stripped of their accreditation unless the treatment of Russian journalists in the United States improves, …
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By Giuseppe Fonte and Francesca Landini ROME – The Benetton family and U.S. fund Blackstone are on track to secure the green light from the Italian government for their takeover …
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(Reuters) – Rosneft appointed a Mandarin-speaker to head global trading operations, six sources told Reuters on Thursday as Russia’s top oil producer seeks to deepen ties with Asia after Western …
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By Matt Spetalnick and Ted Hesson WASHINGTON – The Biden administration is in talks with Spain and Canada about taking more Western Hemisphere refugees for resettlement, people familiar with the …
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By Mike Stone WASHINGTON – The Biden administration plans to sell Ukraine four MQ-1C Gray Eagle drones that can be armed with Hellfire missiles for battlefield use against Russia, three …
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MILAN – Telecom Italia (TIM) has attached an enterprise value of around 20 billion euros ($21.5 billion) to its landline grid which the former phone monopoly is considering selling as …
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(Reuters) – Europe’s phased-in rather than immediate embargo on Russian oil gives Moscow time to re-route volumes to new customers in Asia in the next six months, Russian analysts and …