Asian shares hobbled by mounting risks to global growth
Asian share markets began the week on a cautious note after soft economic data from China and Europe added to evidence of cooling global growth and reinforced anxiety over the broadening impact of international trade frictions.
Oil prices rise, but global economic concerns weigh
Oil prices climbed on Monday after U.S. drilling activity fell to its lowest level in about two months, but increasing concerns about weaker growth in major economies kept a lid on gains.
Asian shares on defensive on mounting signs of a global slowdown
Asian share markets started the week on a cautious footing on Monday after weak economic data from China and Europe added to evidence of cooling global growth and reinforced anxiety over the impact of international trade frictions on business and profi…
U.S. oil prices inch up, but global economic concerns weigh
U.S. oil prices edged up on Monday amid a fall in drilling activity in the United States, but lingering concerns about weaker economic growth in major economies kept a lid on gains.
Uber welcomes, unions criticize UK plan to maintain flexible gig economy
Uber Technologies Inc welcomed on Monday the British government’s response to a review into workplace rights, which looks set to preserve the business models of gig economy companies, but unions rubbished the business ministry’s plans.
EQT’s board to seek talks with Rice brothers: sources
EQT Corp’s board of directors will ask to meet Toby and Derek Rice for talks, people familiar with the matter said on Sunday, after the two brothers threatened the largest producer of natural gas in the United States with a board challenge.
Pemex aims for splash in shallow waters, retreats from the deeps
Mexican state-run oil giant Petroleos Mexicanos will focus on existing shallow water assets and refining next year at the expense of riskier, deepwater projects under a new government that has vowed to turn around the ailing company.
Canada says China has granted consular access to second detainee
Canadian diplomats received consular access on Sunday to the second of two men detained by China over the past week, Canada’s foreign ministry said in a statement that gave few details.
Renault seeks Nissan shareholder meeting as Ghosn crisis deepens
Renault requested a full Nissan shareholder meeting, a source close to the company said – appearing to escalate the carmaker’s standoff with its Japanese alliance partner in the wake of the pay scandal engulfing Chairman and CEO Carlos Ghosn.
Shareholders call on ExxonMobil to set greenhouse gas reduction targets
A number of institutional investors in ExxonMobil Corp have said they will file a shareholder resolution which calls on the world’s largest oil company to set targets for lowering its greenhouse gas emissions.
