Business News

China CNOOC invites foreign firms to bid for South China Sea, Bohai blocks

Reuters Company News - 3 hours 45 sec ago
China National Offshore Oil Corporation, or CNOOC, has issued a tender inviting foreign firms to jointly explore and produce oil and gas in the South China Sea and the Bohai Bay area, according to a statement posted on the company's website on Wednesday.
Categories: Business News

Oil slips to $66 ahead of G20, OPEC meeting

Reuters Biz News - 3 hours 1 min ago
Oil slid to around $66 a barrel on Thursday, pressured by concerns over whether the G20 summit will produce a breakthrough on trade and perceptions that supply is ample despite the prospect of continued OPEC curbs.
Categories: Business News

Grab raises $300 mln from asset manager Invesco to fuel growth

Reuters Company News - 3 hours 3 min ago
Grab has received an additional $300 million investment from asset manager Invesco Ltd as part of plans by Southeast Asia's biggest ride-hailing company to raise $6.5 billion in total capital this year.
Categories: Business News

UPDATE 2-Huawei employees worked with China military on research projects - Bloomberg

Reuters Company News - 3 hours 5 min ago
* Huawei employees worked on at least 10 projects with China army-report
Categories: Business News

Sino-U.S. trade truce hopes rekindle risk appetite

Reuters Biz News - 3 hours 18 min ago
Risk appetite returned to world markets on Thursday following a media report the United States and China have tentatively agreed to a truce ahead of a highly-anticipated weekend meeting of the two nations' leaders in Tokyo.
Categories: Business News

GLOBAL MARKETS-Sino-U.S. trade truce hopes rekindle risk appetite

Reuters Company News - 3 hours 21 min ago
* Europe, Asia lifts MSCI world share index after 4 down days
Categories: Business News

Airlines body IATA urges regulators to co-ordinate on re-entry to service of Boeing 737 MAX

Reuters Company News - 3 hours 34 min ago
Global airlines on Thursday urged regulators to coordinate on technical requirements and timelines for the safe re-entry to service of the Boeing 737 MAX, which was grounded in March after two fatal accidents.
Categories: Business News

UPDATE 1-European shares set to snap four-day losing streak on U.S.-China trade optimism

Reuters Company News - 3 hours 43 min ago
* Bayer soars after Elliot takes stake (Adds comment, updates prices)
Categories: Business News

ACEA slashes 2019 car sales forecast, now sees 1% shrinking

Reuters Company News - 3 hours 52 min ago
European automobile manufacturers' association ACEA on Thursday said it expected European passenger car registrations to shrink by 1% in 2019, revising its previous forecast of 1% growth.
Categories: Business News

China opposes U.S. abuse of export control, urges cooperation

Reuters Biz News - 4 hours 18 sec ago
China opposes U.S. abuse of export controls and urges the United States to return to a track of cooperation, a commerce ministry spokesman said on Thursday, days before the two countries' leaders are set to meet for talks on trade issues.
Categories: Business News

Bayer buoyed by new approach to glyphosate lawsuits, Elliott stake

Reuters Biz News - 4 hours 2 min ago
Bayer shares jumped on Thursday after the chemicals group beefed up plans to tackle multi-billion dollar lawsuits linked to glyphosate, a move welcomed by activist shareholder Elliott, which has revealed a sizeable stake in the company.
Categories: Business News

UPDATE 1-China opposes U.S. abuse of export control, urges cooperation

Reuters Company News - 4 hours 3 min ago
China opposes U.S. abuse of export controls and urges the United States to return to a track of cooperation, a commerce ministry spokesman said on Thursday, days before the two countries' leaders are set to meet for talks on trade issues.
Categories: Business News

UPDATE 3-Huawei shrugs off Verizon patent talks as "common" business

Reuters Company News - 4 hours 11 min ago
* Intellectual property rights "should not be politicised" -exec
Categories: Business News

UPDATE 1-Japan warns UK PM candidates: We don't want a no-deal Brexit

Reuters Company News - 4 hours 13 min ago
Japan on Thursday publicly cautioned the two candidates vying to replace Prime Minister Theresa May that Japanese investment could leave the country if there is a no-deal Brexit, urging Boris Johnson and Jeremy Hunt to avoid such a scenario.
Categories: Business News

METALS-Copper flat as investors await Trump-Xi meeting

Reuters Company News - 4 hours 13 min ago
Copper traded almost unchanged on Thursday as investors exercised caution ahead of a scheduled weekend meeting between U.S. and Chinese presidents on their prolonged trade war.
Categories: Business News

Amazon launches new in-store pickup option with Rite Aid as first partner

Reuters Biz News - 4 hours 16 min ago
Amazon.com has steadily added options for customers to receive their packages including in car trunks, inside home garages and potentially by drone.
Categories: Business News

RPT-UPDATE 1-Pieridae to buy Shell Canada gas assets for C$190 mln

Reuters Company News - 4 hours 27 min ago
Canada's Pieridae Energy will buy gas assets in Alberta from Royal Dutch Shell for C$190 million ($144.77 million), Pieridae said on Wednesday, securing supply for its planned liquefied natural gas plant in eastern Canada.
Categories: Business News

China opposes U.S. abuse of export control, urges cooperation

Reuters Company News - 4 hours 29 min ago
China opposes U.S. abuse of export controls and urges the United States to return to a track of cooperation, a commerce ministry spokesman said on Thursday, days before the two countries' leaders are set to meet for talks on trade issues.
Categories: Business News

U.S-China trade deal confidence support European shares

Reuters Company News - 4 hours 41 min ago
Renewed trade optimism helped prop up European shares in early dealings on Thursday, after a report said the United States and China have reached a tentative truce ahead of a highly anticipated G20 summit this weekend.
Categories: Business News

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