Trump Takes Aim At California Emissions Laws

By Tim Daiss President Trump’s efforts to change California’s longstanding, but stringent low carbon fuel standards could get even tougher. A three-judge panel of the 9th U.S. Circuit Court of Appeals on Friday unanimously upheld the...

Pentagon mulling drone strikes against Baghdadi

A new report shows the Pentagon is considering the circumstances under which it would recommend US President Barack Obama authorize drone attacks against the leader of the so-called Islamic State of Iraq and the...

Goldman Sachs boss on Trump tax plan: ‘Odds of a bad outcome have gone...

Lloyd Blankfein warns that Donald Trump’s $1.5tn tax cut plan could over-stimulate an already healthy economy Edward Helmore in New York The Goldman Sachs boss, Lloyd Blankfein, has added his voice to the chorus warning that...

2019 Will Be A Wild Year For Oil

By Nick Cunningham Oil prices have bounced around in the week following the OPEC+ agreement, and the IEA says that the deal may have at least put a floor beneath prices. However, volatility is unlikely to go away. There...

Brexit may send EU ‘down the drain’ – German vice chancellor

Germany's vice-chancellor has warned the future of the EU could be in doubt if the UK's exit is handled badly. Sigmar Gabriel said the EU would go "down the drain" if other states followed Britain's...

Hungary & Gazprom agree gas supplies via Turkish Stream pipeline

Russian energy major Gazprom has signed an agreement with Hungary to deliver gas via the Turkish Stream pipeline, the MTI news agency reported, citing Hungary’s Foreign Minister Peter Szijjarto. He said the Turkish Stream branch...

Can Oil Demand Really Peak Within 5 Years?

By Nick Cunningham Oil demand could peak as soon as five years from now. Predicting the point at which the world reaches peak oil demand has become something of a cottage industry. The estimates range, but tend...

Kuwait Zain net profit falls to $214m in Q2

  Kuwaiti telecommunications operator Zain reported a 14 percent fall in its second-quarter net profit on Sunday to 61 million dinars ($214 million), mainly because of a currency loss in Sudan, according to Reuters calculations...

Authorities Plan to Arrest 2 Former JPMorgan Employees in London Whale Case

Government authorities are planning to arrest two former JPMorgan Chase employees suspected of masking the size of a multibillion-dollar trading loss, a dramatic turn in a case that tarnished the reputation of the nation's...

Ukraine Pushes for NATO Membership as Gas Talks Commence

Ukraine kick-started the process to strengthen its ties with NATO and will strive to join the alliance in the “short term,” its government said, a day after its president declared the worst of its...

Boeing confirms $4bn order from GE

General Electric's aircraft leasing and financing arm has confirmed that it has placed an order for 40 Boeing planes worth $4bn (£2.3bn) at list prices. The order includes 20 737 MAX 8 planes and 20...

Asia stocks fall, oil stymied as growth worries grip global markets

Shinichi Saoshiro TOKYO (Reuters) - Asian stocks slid on Wednesday as intensifying concerns about global economic growth gripped financial markets, sending Wall Street shares and crude oil prices tumbling and driving the safe haven dollar...

Why The Oil Industry Has To Go Digital

By Irina Slav The oil industry has been notoriously slow in joining the digital age, but now it has been forced to do it as the efficiency drive trumps expansion in the post-oil crisis world....

Potential bidders for Takata may balk at GM bankruptcy precedent

By Tom Hals | WILMINGTON, DEL. As auto supplier Takata Corp (7312.T) prepares for a possible U.S. bankruptcy filing, potential bidders are poring over a recent U.S. court ruling that could expose a buyer to liability for the...

Asia stocks start new quarter on front foot, dollar steady

Shinichi Saoshiro TOKYO (Reuters) - Asian stocks began the new quarter on Monday with mild gains following a strong performance by global equities last week, while the dollar held steady ahead of key economic indicators. MSCI’s...

Senator says Congress will not ratify US-UK trade agreement that threatens Good Friday Agreement

By NEOnline | IR US President Donald J. Trump has said his administration looks forward to negotiating a “large-scale trade deal” with the UK, but Democratic Senator Chris Murphy from Connecticut warned that such an agreement would...

Central bank capital injection eases banking liquidity tensions

By Chen Jia -China Daily China's monetary authority eased liquidity tensions in the banking system when the innovative capital injection measures took effect on Wednesday, which will not change the regulator's determination in the long-term...

Weekly Jobless Claims Unexpectedly Rise

March 05, 2015 The number of Americans filing new claims for unemployment benefits unexpectedly rose last week and nonfarm productivity contracted more sharply than previously thought in the fourth quarter. Initial claims for state unemployment benefits...

Markets cool on Trump speech, dollar firms

The dollar has ticked up slightly while US stock futures pared gains on disappointment about US president Donald Trump's first speech to Congress in which he failed to provide further details on his economic...

Tesla Loses Stranglehold As EV Revolution Accelerates

By Nick Cunningham Volvo became the first major auto company to announce the phase out of the internal-combustion engine from its lineup. The Chinese-owned Swedish car company announced on July 5 that every car it builds...