[ad_1] (Corrects analyst’s second name and firm’s name in paragraph 10, fixes garbled Reuters Instrument Codes in text) FILE PHOTO: Gold bars are stacked in the safe deposit boxes room of the Pro Aurum gold
Engie-led consortium seals $8.6 billion purchase of Petrobras pipeline unit
[ad_1] PARIS (Reuters) – A consortium led by French utility Engie has won a bid for Petrobras’ TAG pipeline arm with an $8.6 billion offer, in a deal that boosts Engie’s presence in a fast-growing
Weak trade data casts doubt on Germany's economic strength
[ad_1] German exports and imports both fell more than expected in February, data showed on Monday, in the latest sign that Europe’s largest economy is likely to post meagre growth in the first quarter amid
Squeezed by U.S. shale, Nigerian oil propped up by Asian demand
[ad_1] LONDON (Reuters) – The rising tide of light U.S. shale oil has largely swept away comparable grades of Nigerian oil from American shores and is putting them under pressure in Europe. FILE PHOTO: A
Oil hits highest since November 2018 amid OPEC cuts, U.S. sanctions
[ad_1] SINGAPORE (Reuters) – Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, U.S. sanctions against Iran and Venezuela, and strong U.S. jobs data. FILE
Nissan considering claiming damages against Ghosn, CEO says
[ad_1] TOKYO (Reuters) – Nissan Motor Co is considering claiming damages against ousted boss Carlos Ghosn over alleged financial misconduct, the automaker’s chief executive told shareholders on Monday, adding the scandal would not be fixed
Exclusive: Pain-care specialist agrees to testify against Purdue, other drug makers – court documents
[ad_1] (Reuters) – A physician ally of Purdue Pharma LP whose views helped drive the explosive growth in the use of addictive pain relievers for common aches and pains in the United States has agreed
Fiat Chrysler to pay Tesla hundreds of millions of euros to pool fleet
[ad_1] (Reuters) – Italian-U.S. carmaker Fiat Chrysler Automobiles NV (FCA) has agreed to pay electric carmaker Tesla Inc hundreds of millions of euros to allow Tesla vehicles to be counted in its fleet to avoid
Dubai Islamic Bank in talks to buy Noor Bank: Bloomberg
[ad_1] (Reuters) – United Arab Emirates’ largest sharia-compliant bank Dubai Islamic Bank is in talks to acquire Dubai-based Noor Bank, Bloomberg reported, citing people with knowledge of the talks. Lender Dubai Islamic Bank has had
Cain, Moore nominations for Federal Reserve seats on track: Kudlow
[ad_1] WASHINGTON (Reuters) – Top White House officials on Sunday defended President Donald Trump’s plan to name two political loyalists to the Federal Reserve board of governors, brushing aside controversies over their personal lives and