Vitol, rival oil traders in spotlight of Brazil bribery probe
Brazil’s epic “Car Wash” corruption investigation has taken down presidents and elite businessmen, and led to the largest corporate leniency deal ever signed.
Brazil’s epic “Car Wash” corruption investigation has taken down presidents and elite businessmen, and led to the largest corporate leniency deal ever signed.
Last week, Brazilian investigators accused four of the world’s largest oil-trading firms of participating in a corruption scheme focused on Brazil’s state-controlled oil company Petrobras.
Oil prices rose on Thursday, buoyed by a drawdown in U.S. crude stockpiles and indications that China is taking concrete steps to put a trade war truce with Washington into action.
SoftBank Group Corp plans to replace 4G network equipment from China’s Huawei Technologies Co Ltd with hardware from Nokia and Ericsson, Nikkei reported on Thursday, without citing sources.
U.S. solar installations fell 15 percent in the third quarter as the Trump administration’s tariffs on overseas-made panels forced developers to put off large projects, according to a report commissioned by the industry’s primary trade group.
Asian equity markets surged on Thursday on signs of easing Sino-U.S. trade tensions and expectations that China will step up efforts soon to support its cooling economy.
Japan’s government has no plan to ask private companies to avoid buying telecommunications equipment that could have malicious functions, such as information leakage, its top spokesman, Yoshihide Suga, said on Thursday.
Oil prices rose on Thursday, buoyed by a drawdown in U.S. crude inventories and signs that China is taking more concrete steps to put a trade war truce with Washington into action.
South Korea’s Hyundai Motor Co plans to provide funding worth 1.7 trillion won ($1.5 billion) to stabilize management of its suppliers, the company said in a statement on Thursday.
U.S. oil prices edged up on Thursday, buoyed by a drawdown in inventories and by signs of easing trade tensions between Washington and Beijing.
Asian shares and the pound moved higher on Thursday as investors breathed a sigh of relief after British Prime Minister Theresa May survived a no-confidence vote, and as China appeared to be taking more steps to meet U.S. demands to open its markets.
Nissan Motor Co’s ex-chairman Carlos Ghosn and his representatives still have no right to access a contested Rio de Janeiro apartment, the automaker said, after a fresh legal document showed a Brazilian court decision to grant access.
A top U.S. Justice Department official pushed back on Wednesday against President Donald Trump’s comment that he might intervene in a legal case involving an executive from the Chinese telecommunications firm Huawei Technologies Co [HWT.UL] if it would help secure a trade deal.
Canada should distance itself from U.S. “hegemonism” and grant unconditional freedom to Meng Wanzhou, a Chinese executive detained in Vancouver on Washington’s request, the state-owned tabloid Global Times said in a Thursday editorial.
The U.S. International Trade Commission (ITC) said on Wednesday it would review a ruling that a ban on imports of some iPhones into the United States was not in the public interest, even if Apple Inc infringed a Qualcomm patent.
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