Japan’s Yamato plans to open labor-saving facility next year
TOKYO (Reuters) – Japan’s largest package delivery company, Yamato Transport Co, is considering plans to open a new distribution facility with labor-saving technology near Tokyo early next year, its chief executive said on Friday.
Exclusive: China’s CNPC weighs taking over Iran project if Total leaves – sources
BEIJING/LONDON (Reuters) – China’s top oil and gas company CNPC is considering taking over Total’s stake in a giant Iranian gas project if the French company leaves Iran to comply with any new U.S. sanctions, industry sources said.
Oil prices rise on North Sea pipeline outage, but rising U.S. output looms
SINGAPORE (Reuters) – Oil prices moved up on Friday, lifted by the Forties pipeline outage in the North Sea and ongoing OPEC-led production cuts, although rising output from the United States kept a lid on markets.
Airbus confirms management shake-up
PARIS (Reuters) – Airbus confirmed a top management shake-up on Friday, following weeks of turmoil at the European planemaker.
Paralysis at PDVSA: Venezuela’s oil purge cripples company
CARACAS/HOUSTON (Reuters) – Decisions at some joint ventures with foreign firms are delayed. A growing number of oil tankers sit idle because no one authorizes payments. Employees struggle to get approval for routine expenses, from taxis to training.
Oil prices stable on tighter market, but rising US output looms for 2018
SINGAPORE (Reuters) – Oil markets were stable on Friday as the Forties pipeline outage in the North Sea and ongoing OPEC-led production cuts supported prices, while rising output from the United States kept crude from rising further.
Asian shares slip, U.S. tax reform woes dent sentiment
TOKYO (Reuters) – Asian shares erased earlier modest gains on Friday with sentiment dented by Wall Street’s weakness on concerns about the progress of U.S. tax reform, though regional stocks remain on track for a weekly rise.
Oil stable on tighter market, but rising US output looms for 2018
SINGAPORE (Reuters) – Oil markets were stable on Friday as the Forties pipeline outage in the North Sea and the ongoing OPEC-led production cuts supported prices, while rising output from the United States kept crude from rising further.
Asian shares edge up, on track for weekly gain
TOKYO (Reuters) – Asian shares edged higher on Friday, on track for weekly gains, though sentiment was kept in check by Wall Street’s weakness on concerns about the progress of U.S. tax reform.
More efficient SUVs a factor in product strategy: Ford CEO
DETROIT (Reuters) – Ford Chief Executive Jim Hackett said on Thursday the automaker is reviewing its product portfolio as consumers show a preference for sport utility vehicles that have fuel efficiencies closer to sedans.
