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,…
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…
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…
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…
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…
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…
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…
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…
By 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…
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…
By 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…
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…
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…
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…
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…
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…
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…
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…
By 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,…
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…
(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…
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…
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…
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…
(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…