market

NEW YORK - Oil prices fell nearly 4 percent to below $70 a barrel on Monday as fear of a curb in Chinese bank lending dented optimism about the pace of economic recovery and a potential rebound in global energy demand. U.S. crude for October delivery settled down $2.78, or 3.8 ...
NEW YORK, July 30 - Oil prices rebounded over 5 percent in volatile trading on Thursday as strong economic data renewed investors optimism on recovery. Light, sweet crude for September delivery surged 3.57 U.S. dollars, or 5.6 percent, to settle at 66.92 dollars a barrel on the ...
TORONTO, July 2 - Toronto's main stock index finished lower on Thursday as oil prices slid and a gloomy U.S. jobs report dimmed hopes for a quick economic recovery. U.S. employers cut more jobs than expected in June and the unemployment rate rose to 9.5 percent, the highest level ...
LONDON, July 12 - The chief executive of North Sea gas producer Venture Production (VPC.L) said its shareholders were looking for "significantly in excess" of the 845 pence a share takeover offer made by Centrica (CNA.L) on Friday. "The feedback we have got from shareholders, ...
HOUSTON, June 1 - Shell Oil Co. (RDSa.L), one of the Gulf of Mexico's biggest oil and natural gas producers, unveiled its hurricane contingency plans on Monday as analysts discounted the potential supply impact of storms because U.S. crude oil and refined product stocks are ...
SAO PAULO, June 25 - Brazil's benchmark stock index jumped 3 percent in late afternoon trade on Thursday as rising metals and oil prices lifted shares of bellwether companies Petrobras and Vale. The Bovespa index .BVSP of the Sao Paulo stock exchange jumped to 51,234.74 from 49...
SINGAPORE, June 25 - Chemoil Energy (CHEL.SI) said on Thursday its majority shareholders are in talks with various parties for the possible sale of part or all of the $465 million company. Sources familiar with the deal told Reuters on Wednesday that the family of Chemoil founder ...
TORONTO, May 21 - Toronto's main stock market index fell on Thursday after a two-day rally as a drop in oil prices from six-month highs pressured energy shares. Oil CLc1 fell to settle at $61.05 a barrel from Wednesday's half-year high above $62 as signs of job market weakness ...
p>LAGOS, April 16 - Nigeria's stock market regulator slapped a one-year ban on a brokerage accused of manipulating shares in fuel retailer African Petroleum (AP) on Thursday but cleared billionaire tycoon Aliko Dangote of involvement. Regulators had been investigating allegations ...
CALGARY, Alberta, April 21 - Husky Energy Inc (HSE.TO) plans to spin off its Southeast Asian assets, including the huge Liwan gas field, into a separate company to boost its share value once it sees some economic stability, the company's chief executive said on Tuesday. The new ...
VIENNA, April 20 - The weekly average prices of the Organization of Petroleum Exporting Countries (OPEC) crude oil rebounded to 51.43 U.S. dollars per barrel last week, representing a rise of 0.09 dollars from the previous week, the Vienna-based cartel said Monday. In the five ...
BEIJING, March 23 - PetroChina's Xinjiang Oilfield Corporation has started an expansion that would boost its crude oil storage capacity by 60 percent by August 2010, a newspaper run by parent CNPC reported on Monday. The Xinjiang unit will add 450,000 cubic metres of crude oil ...
NEW YORK - Oil prices hit their highest level in nearly three months on Monday as a U.S. plan to purge banks of toxic assets triggered a rally on Wall Street and brightened the outlook for flagging energy demand. U.S. crude rose $1.73 to settle at $53.80 a barrel, having earlier ...
LONDON - European carbon futures rose more than five percent on Monday on firmer German power and crude oil prices, reversing three straight days of losses, traders said. EU Allowances for delivery in December added 57 cents or 5.1 percent at 11.85 euros per ton at 1358 GMT. ...
LONDON - World oil demand is contracting faster than expected, increasing pressure on prices, OPEC said on Friday ahead of a key meeting of the group this weekend. The Organization of the Petroleum Exporting Countries said in its Monthly Oil Market Report that demand would drop ...
LONDON/VIENNA, March 18 - Some members of OPEC have limited their oil price ambitions in 2009 due to the fragility of the world economy, despite OPEC's belief that higher prices are needed to support investment in new supplies. Algeria and Libya, both members of OPEC, said they ...
VIENNA - Oil prices should reach $60 a barrel by the end of the year, Energy and Mines Minister Chakib Khelil told a news briefing on Tuesday. He said he expected the April 2 G20 summit of established and emerging economic powers to produce a package to stimulate the world ...
MUMBAI, March 22 - Indian energy-to-steel conglomerate Essar Group is planning to become totally private, and none of its group companies will be listed, two newspapers said on Sunday, quoting group Chairman Shashi Ruia. "Our wish is to become a privately held group which gives ...
KUALA LUMPUR, March 20 - Malaysia's IOI Corp, the world's third-largest listed palm oil producer, said the price of crude palm oil could rise 20 percent due to falling domestic stockpiles. "We see prices trading within a range of 2,000 ringgit to 2,300 ringgit, averaging about 2...
NEW YORK, March 18 -- Crude oil retreated on Wednesday after a U.S. government report showed energy inventory increased more than market had expected. Light, sweet crude for April delivery fell 1.02 U.S. dollars to settle at 48.14 dollars a barrel on the New York Mercantile ...
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China slams Japan's NHK governor's denial of Nanjing massacre
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