(Reuters) – U.S. stock futures dipped on Thursday after Cisco’s disappointing forecast, while investors fretted about rising U.S. Treasury yields and looming trade talks between the United States and China.
Rosneft Vietnam BV, a unit of Russian state oil firm Rosneft (ROSN.MM), is concerned that its recent drilling in an area of the South China Sea that is claimed by China could upset Beijing, two sources with direct knowledge of the situation told Reuters on Wednesday. Rosneft said on Tuesday its Vietnamese unit had started drilling at the LD-3P well, part of the Lan Do “Red Orchid” offshore gas field in Block 06.1, 370 kms (230 miles) southeast of Vietnam. The block is “within the area outlined by China’s nine-dash line,” according to energy consultancy and research firm …read more […]
Drilling in the South China Sea by Rosneft is within Vietnamese territorial waters, the Russian state oil firm said in a statement on Thursday, two days after its Vietnamese subsidiary began drilling in Vietnamese waters claimed by China. Rosneft’s local unit, Rosneft Vietnam BV, is concerned that its recent drilling in an area of the South China Sea that falls within China’s “nine-dash line” could upset Beijing, two sources with direct knowledge of the situation told Reuters on Wednesday. …read more […]
BERLIN (Reuters) – Volkswagen will not display its core brand at the Paris motor show this year, the latest and most prominent carmaker to swerve the biennial industry gathering.
MILAN/LONDON (Reuters) – French tycoon Vincent Bollore’s stated goal to create a southern European media empire faces defeat in Italy, despite pumping 5 billion euros ($5.9 billion) into his biggest foreign conquest, raising questions over whether the strategy ever existed.
NEW YORK (Reuters) – Walmart Inc on Thursday reported a 33-percent rise in U.S. e-commerce sales during the first quarter, slower than during the same period a year ago but faster than the previous quarter’s 23-percent advance.
COPENHAGEN (Reuters) – Airbnb will automatically report homeowners’ income to Danish tax authorities in what will be the first such agreement globally for the short-term rental service.
LONDON (Reuters) – British game maker Bossa Studios will release Worlds Adrift on Thursday, an ambitious adventure game designed to appeal to the Minecraft generation that has taken three years and 50,000 gamers to create.
BERLIN – Peter Bostelmann, an industrial engineer at Europe’s technology giant SAP, discovered meditation during a personal crisis a decade ago.
TOKYO (Reuters) – China regulatory authorities have approved the $18 billion sale of Toshiba Corp’s chip unit to a consortium led by U.S. private equity firm Bain Capital, Japanese public broadcaster NHK reported on Thursday, without citing sources.
BEIJING (Reuters) – China’s Foreign Ministry said on Thursday that no country, organisation, company or individual can carry out oil and gas exploration or exploitation in Chinese waters without permission … …read more […]
LONDON (Reuters) – The dollar took a breather at a five-month high on Thursday, though government borrowing costs continued to grind upwards as oil prices hit their highest since 2014 at almost $80 a barrel.
LONDON (Reuters) – The world’s three largest oil traders are competing to buy the African arm of Brazil’s Petrobras that owns stakes in two major Nigerian offshore oil blocks, industry and banking sources with knowledge of the matter said, after submitting bids earlier this month.
COPENHAGEN (Reuters) – The world’s largest container shipping firm A.P. Moller-Maersk said Thursday it would shut down its business in Iran to abide with reimposed sanctions after Washington pulled the United States from a nuclear accord.
BERLIN (Reuters) – Volkswagen’s core autos brand will skip the Paris motor show this year, the company said on Thursday, becoming the latest and most prominent carmaker to ditch the biennial industry gathering in the French capital.
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