Russia has agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil output, Russian President Vladimir Putin said, as oil prices come under renewed pressure from rising U.S. supplies and a slowing global economy.
Proxy adviser Glass Lewis & Co has recommended that investors in natural gas producer EQT Corp vote in favor of the company’s board nominees, putting it at odds with another proxy advisory firm which recommended voting in favor of a competing slate of directors proposed by Toby and Derek Rice.
When Amazon.com Chief Executive Jeff Bezos was spotted schmoozing in NFL Commissioner Roger Goodell’s booth during the Super Bowl in February, the media world exploded with anticipation about Amazon’s imminent domination of sports media.
The United States and China agreed on Saturday to restart trade talks after President Donald Trump offered concessions including no new tariffs and an easing of restrictions on tech company Huawei in order to reduce tensions with Beijing.
We’re seeing the rise of the concrete jungle.
According to U.N. estimates, nearly 70% of people will live in cities by 2050.
Some cities have grown so large in population and power that a new term has been coined for them: megacities.
But humanity’s rapid urbanization comes with problems.
Powering a city that large is a herculean endeavor – managing traffic is as well. There’s also the environmental impact to consider.
Regardless, the future is urban. The fortunes of entire nations will be decided in the cities that harness the best and brightest their countries have to offer.
One city that bridges Europe and Asia is …read more […]
Deutsche Bank’s supervisory board will meet on July 7 to discuss a major restructuring that may result in as many as 20,000 job cuts, three people with knowledge of the matter said.
Deutsche Bank’s supervisory board will meet on July 7 to discuss a major restructuring that may result in as many as 20,000 job cuts, three people with knowledge of the matter said.
Beijing’s ambassador to Switzerland said ChemChina’s $43 billion takeover of seed and agrochemicals firm Syngenta was a mistake, adding he would have tried to stop the 2017 deal had he been in Bern at the time, a newspaper reported in an interview on Saturday.
Russia’s deal with Saudi Arabia on crude production cuts shows their commitment to stabilizing the oil market, Russian Energy Minister Alexander Novak said in a statement on Saturday.
Leaders of the Group of 20 major economies warned on Saturday of growing risks to the global economy but stopped short of denouncing protectionism, calling instead for a free, fair trade environment after talks some members described as difficult.
Russia has agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil production, Russian President Vladimir Putin said.
The joint interests of China and the United States are greater than the differences, a senior Chinese diplomat said on Saturday, following talks between the two countries’ presidents at a G20 summit in Japan.
U.S. President Donald Trump said he and his Chinese counterpart Xi Jinping agreed on Saturday that the United States would refrain from raising levies on Chinese imports for now while China would buy more U.S. agricultural products.
Group of 20 leaders stopped short of denouncing protectionism, instead calling for the need to realize a “free, fair, non-discriminatory” trade environment in a communique issued after their two-day meeting in Osaka, western Japan, on Saturday.
Group of 20 leaders have clearly confirmed the need for a free, fair and non-discriminatory trade policy, Japanese Prime Minister Shinzo Abe said on Saturday, suggesting that members have agreed to the wording to be included in their communique.
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