UK PM May asks lawmakers to send a message to Brussels on Brexit deal
British Prime Minister Theresa May will ask her Conservative Party lawmakers on Tuesday to send a message to Brussels that they would support her Brexit deal if a plan to avoid a hard border in Ireland is replaced.
U.S. sees contours of peace accord with Taliban to end war in Afghanistan
The United States and the Taliban have sketched the outlines for an eventual peace accord to end 17 years of war in Afghanistan, a U.S. special envoy said on Monday, but there was no sign the insurgent group had accepted key U.S. demands.
Vale stock plunges after Brazil disaster; $19 billion in market value lost
Brazilian miner Vale SA’s shares plunged on Monday, wiping out 71.34 billion reais ($18.96 billion) in market value, after a tailing dam collapse on Friday killed scores of people at one of its mines, less than four years after a similar disaster.
Brazil eyes management overhaul for Vale after dam disaster
Brazil’s government weighed pushing for a management overhaul at iron ore miner Vale SA on Monday as grief over the hundreds feared killed by a dam burst turned into anger, with prosecutors, politicians and victims’ families calling for punishment.
U.S. sanctions Venezuelan state oil firm, escalating pressure on Maduro
The Trump administration on Monday imposed sweeping sanctions on Venezuelan state-owned oil firm PDVSA, aimed at severely curbing the OPEC member’s crude exports to the United States and at pressuring socialist President Nicolas Maduro to step down.
Maduro welcomes returning diplomats back to Venezuela
Venezuelan President Nicolas Maduro on Monday welcomed home diplomats recalled from the United States after the two countries scaled back their diplomatic missions to skeleton staff.
Australia’s BHP Group says no agreement reached on Samarco debt
Global miner BHP Group said on Tuesday that no agreement has been reached on restructuring the financial obligations of Samarco, its joint venture with Brazil’s Vale SA, following a 2015 mine disaster.
U.S.’ Mnuchin expects progress in ‘complicated’ China trade talks
U.S. Treasury Secretary Steven Mnuchin said on Monday the United States expects significant progress this week in trade talks with Chinese Vice Premier Liu He, but the two sides will be tackling “complicated issues”, including how to enforce any deal.
Phillips 66 expects no disruption to crude supplies after U.S. sanctions on PDVSA
Phillips 66 said on Monday it could mitigate any disruption in the crude supply of its refining business from U.S. sanctions on Venezuela’s state-owned oil company PDVSA because it would use alternative sources of crude.
Mexico teachers block railway lines, food shortages feared
Mexico could soon face a shortage of staple foods such as corn flour and wheat flour as railways remain blocked after two weeks of teacher protests in the western state of Michoacan, railroad operator Ferrocarril Mexicano (Ferromex) said on Monday.
