Reliance sends fuel from India, Europe to Venezuela to sidestep U.S. sanctions

Reliance sends fuel from India, Europe to Venezuela to sidestep U.S. sanctions
NEW DELHI/MEXICO CITY (Reuters) – India’s Reliance Industries is selling fuels to Venezuela from India and Europe to sidestep sanctions that bar U.S.-based companies from dealing with state-run PDVSA, according to trading sources and Refinitiv Eikon data. FILE PHOTO: The logo of Reliance Industries is pictured in a stall at the Vibrant Gujarat Global Trade Show at Gandhinagar, India, January... Read More

Asian shares rise on Fed dovishness; growth concerns linger

Asian shares rise on Fed dovishness; growth concerns linger
SHANGHAI (Reuters) – Shares in Asia rose on Thursday after the U.S. Federal Reserve abandoned forecasts for any interest rate hikes this year, FILE PHOTO: Passersby walk past in front of an electronic stock quotation board outside a brokerage in Tokyo, Japan, September 28, 2018. REUTERS/Toru Hanai but concerns over U.S.-China trade talks and slowing global growth continued to weigh... Read More

Asian shares up on accommodative Fed; growth concerns linger

Asian shares up on accommodative Fed; growth concerns linger
SHANGHAI (Reuters) – Shares in Asia rose on Thursday after the U.S. Federal Reserve took a more accommodative stance at its policy meeting, but concerns over U.S.-China trade talks and slowing global growth capped broad gains and pulled some markets lower. FILE PHOTO: Passersby walk past in front of an electronic stock quotation board outside a brokerage in Tokyo, Japan,... Read More

Dovish Fed shift lifts Asian shares, dollar nurses losses

Dovish Fed shift lifts Asian shares, dollar nurses losses
SHANGHAI (Reuters) – Shares in Asia rose on Thursday after the U.S. Federal Reserve took a more accommodative stance at its policy meeting, but concerns over slowing global growth and U.S.-China trade talks are expected to limit gains. FILE PHOTO: Passersby walk past in front of an electronic stock quotation board outside a brokerage in Tokyo, Japan, September 28, 2018.... Read More

Trump says tariffs on Chinese goods may stay for ‘substantial period’

Trump says tariffs on Chinese goods may stay for ‘substantial period’
WASHINGTON (Reuters) – U.S. President Donald Trump warned on Wednesday that the United States may leave tariffs on Chinese goods for a “substantial period” to ensure that Beijing complies with any trade agreement. FILE PHOTO: U.S. and Chinese flags are seen before Defense Secretary James Mattis welcomes Chinese Minister of National Defense Gen. Wei Fenghe to the Pentagon in Arlington,... Read More

Trump says trade deal ‘coming along nicely’ with China

Trump says trade deal ‘coming along nicely’ with China
FILE PHOTO: U.S. and Chinese flags are seen before Defense Secretary James Mattis welcomes Chinese Minister of National Defense Gen. Wei Fenghe to the Pentagon in Arlington, Virginia, U.S., November 9, 2018. REUTERS/Yuri Gripas WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday a deal with Beijing to end a trade dispute between the two countries was coming along... Read More

Oil major Total CEO’s compensation drops 17 percent in 2018: company document

Oil major Total CEO’s compensation drops 17 percent in 2018: company document
FILE PHOTO: Patrick Pouyanne, Chairman of the Board and Chief Executive Officer of Total, attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 25, 2018. REUTERS/Denis Balibouse PARIS (Reuters) – The board of French oil and gas major Total has proposed total 2018 compensation for Chief Executive Patrick Pouyanne of 3.1 million euros ($3.55 million), compared with... Read More

Total CEO’s compensation drops 17 percent in 2018: company document

Total CEO’s compensation drops 17 percent in 2018: company document
FILE PHOTO: Patrick Pouyanne, Chairman of the Board and Chief Executive Officer of Total, attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 25, 2018. REUTERS/Denis Balibouse PARIS (Reuters) – The board of French oil and gas major Total has proposed to keep Chief Executive Patrick Pouyanne’s 2018 compensation at 3.1 million euros ($3.55 million) compared with... Read More