21h23 French energy
major Total will buy a 10 percent stake in a Russian
Arctic gas project under a deal struck during Emmanuel Macron's
visit to Russia, and showing the Kremlin's ability to find
foreign partners. . .
18h34 Germany's small-to-medium-sized
firms, or Mittelstand, are scrambling to work out how to
maintain business in Iran after a meeting between Germany's
foreign minister and his U.S. counterpart dashed any hopes of a
breakthrough on the. . .
18h15 Russian Energy Minister
Alexander Novak said on Thursday restrictions on oil production
could be eased "softly" if OPEC and non-OPEC countries see the
oil market balancing in June, the Interfax news agency reported.. . .
15h03 Saudi Binladin Group will
be slimmed down and renamed, six sources familiar with the
matter said, after the government seized management control of
the construction giant from family members that were swept up in
an. . .
14h08 Sri Lanka's tea output fell 15.3 percent in
April from a year earlier, the state-run Tea Board said on Thursday, with
industry officials attributing the decline to a high base effect and more. . .
14h05 Venture capital firm
IDG Capital has fired a top investment manager in China,
following leaked messages on social media purporting to show he
had made sexual advances toward several women in the course of
his. . .
14h04 Sri Lankan shares rose slightly
on Thursday after posting their lowest close in more than one
week in the previous session, as investors picked up beverage
stocks while block deals lifted turnover.. . .
13h55 Algeria plans to impose customs
duties of 60 percent to 200 percent on finished goods, according
to an official document seen by Reuters on Thursday, part of
efforts to offset a fall in energy. . .
12h29 Libyan state oil firm
AGOCO said it increased its crude production to 180,000 barrels
a day (bpd) on Thursday, after cutting it the previous day when
unusually hot weather affected power supplies.. . .
12h27 Indonesian stocks jumped 2.7 percent on
Thursday, the most since August 2016, while Malaysian shares
fell for a fourth straight session as a widening probe over
corruption linked to the previous government and continued
capital. . .
11h16 Bezeq Israel Telecom
is working on a new strategy that could include selling off
assets to help contend with intensifying competition as it saw a
26 percent drop in first quarter net profit.. . .
10h22 Hong Kong stocks ended higher
on Thursday, helped by services and energy companies, though
gains were capped amid renewed concerns over China-U.S. trade
** At close of trade, the Hang Seng index rose 0.3
percent. . .
09h49 Abu Dhabi's state-owned Mubadala
Investment Company has acquired a 44 percent stake
worth at least $271 million in an oil subsidiary of gas giant
Gazprom, the Russian company said on Thursday.. . .
09h36 Germany-based Bomin Group has
started delivering ultra-low sulphur fuel oil (ULSFO) as a
marine fuel to ships calling in the Amsterdam-Rotterdam-Antwerp
region, the company said in a statement on Thursday.. . .
09h02 Japan's Nikkei share average fell
to more than two-week lows on Thursday as automakers slumped
after the Trump administration launched a national security
investigation into car and truck imports that could lead to new
U.S.. . .
08h32 Most Japanese government bonds
were little changed on Thursday but some super-long bonds firmed
slightly as Japanese share prices tumbled for the third
consecutive day, boosting the allure of government bonds.. . .
07h06 Guo Qirui, 30, says it's a
lonely journey when he goes home to his rented luxury
condominium in Phnom Penh, the capital of Cambodia, the country
where the Chinese retail executive has lived for. . .
06h54 The former president of the
People's Insurance Company (Group) of China Ltd was
jailed for 11 years for taking bribes, state media reported on
Thursday, the latest senior executive brought down by Beijing's
anti-graft campaign.. . .
04h52 Singapore's economy grew at a
slightly faster pace in the first quarter than initially
estimated, as factory activity remained robust, while an
improvement in global demand prompted the government to upgrade
its 2018 growth forecast.. . .
04h39 Japan's Nikkei share average fell
to more than two-week lows on Thursday as automakers like Toyota
slumped after the Trump administration launched a national
security investigation into car and truck imports that could
lead to. . .
04h00 Indonesian ride-hailing and
online payment firm Go-Jek on Thursday said it would enter
Vietnam, Thailand, Singapore and the Philippines in the next few
months, investing $500 million in its international push.. . .
02h11 South Korea's economy is well on
track for annual growth of 3 percent though some indicators were
open to varying interpretations about current economic
conditions, Finance Minister Kim Dong-yeon said on Thursday.. . .
01h00 Confidence among Japanese
manufacturers improved in May for the first time in four months
while service-sector sentiment hit a record high, the Reuters
Tankan poll showed, suggesting the economy may return to growth
after a. . .
00h45 Libya's National Oil
Corp on Wednesday cut oil production by about 120,000 barrels a
day as its eastern subsidiary AGOCO faced power problems due to
unusually hot weather, a company official said on Wednesday.. . .
23/05 It is high time that Turkey
restored monetary policy credibility, Deputy Prime Minister
Mehmet Simsek said on Wednesday, shortly after the central bank
said its Monetary Policy Committee had convened.. . .
23/05 Libya's National Oil
Corp (NOC) said on Wednesday there had been a "minor
distribution delay" from Raguba field but production was
unaffected despite threats from protesters, who also targeted a
second field.. . .