[ad_1] TOKYO (Reuters) – Global shares retreated to one-month lows on Wednesday after U.S. manufacturing activity tumbled to more than a decade-low, sparking worries that the fallout from the U.S.-China trade war is starting to
Norway sovereign wealth fund to divest oil explorers, keep refiners
[ad_1] OSLO (Reuters) – Norway’s $1.1 trillion (894.7 billion pounds) sovereign fund will divest from companies that are solely dedicated to oil and gas exploration and production, while maintaining stakes in refiners and other downstream
Visa, Mastercard reconsider backing Facebook’s Libra – WSJ
[ad_1] FILE PHOTO: Representations of virtual currency are displayed in front of the Libra logo in this illustration picture, June 21, 2019. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) – Visa (V.N), Mastercard Inc (MA.N) and other key
Oil prices slip as U.S. economic data weakens demand outlook
[ad_1] NEW YORK (Reuters) – Oil futures sank on Tuesday as weak U.S. economic data dimmed crude’s demand outlook and pressured prices, while reports of a third-quarter decline in output from the world’s largest oil
IWG’s Dixon sees rival WeWork’s troubles as an opportunity
[ad_1] NEW YORK (Reuters) – WeWork’s decision to abandon its initial public offering and the resulting turmoil at the shared office space provider has created an opportunity for major competitor IWG (IWG.L), said IWG’s founder
Ecuador to quit OPEC in 2020 in search of bigger export revenue
[ad_1] QUITO (Reuters) – Ecuador, one of the smallest members of the Organization of the Petroleum Exporting Countries (OPEC), said on Tuesday it will leave the 14-nation bloc from Jan. 1 due to fiscal problems.
Ecuador to leave OPEC in 2020 due to fiscal problems – ministry
[ad_1] QUITO (Reuters) – Ecuador will withdraw from the 14-nation Organization of the Petroleum Exporting Countries (OPEC) from Jan. 1 because of fiscal problems, the country’s energy ministry said on Tuesday. The logo of Opec
Oil prices sink as weak U.S. economic data dims demand outlook
[ad_1] NEW YORK (Reuters) – Oil prices slipped on Tuesday, pressured as weak U.S. economic data dimmed crude’s demand outlook, while reports of an output decline from the world’s largest oil producers in the third
Fears of U.S. slowdown weigh on stocks; bonds rally
[ad_1] NEW YORK (Reuters) – Weak economic data in the United States and Europe weighed on global stock benchmarks on Tuesday, sending investors into safe-haven assets. FILE PHOTO: Traders work on the floor at the
A goat can cost you: Coal India stops work as locals spar over animal death
[ad_1] FILE PHOTO: Workers walk on a heap of coal at a stockyard of an underground coal mine in the Mahanadi coal fields at Dera, near Talcher town in the eastern Indian state of Orissa