February 13, 2019

Exclusive: Venezuela’s self-declared president Guaido to nominate own Citgo board – sources

Advisers to Venezuela’s self-declared president Juan Guaido have proposed he appoint six executives to a transitional board for U.S. refiner Citgo Petroleum Corp, Venezuela’s most important […]
February 13, 2019

Mnuchin hopes for ‘productive’ trade meetings in China

U.S. Treasury Secretary Steven Mnuchin said on Wednesday he hopes for “productive” trade meetings in China this week, as the two countries seek to hammer out […]
February 13, 2019

Oil prices rise on OPEC supply cuts, Venezuela sanctions

Oil prices rose on Wednesday as producer club OPEC said it had cut supply deeply in January and as U.S. sanctions hit Venezuela’s oil exports. Powered […]
February 12, 2019

Ford told UK PM May it is preparing alternative production sites: The Times

Ford Motor Co told British Prime Minister Theresa May that it is stepping up preparations to move production out of Britain, The Times reported on Tuesday. […]
February 12, 2019

Amazon, GM in talks to invest in electric pickup truck maker Rivian: sources

Amazon.com Inc and General Motors Co are in talks to invest in Rivian Automotive LLC in a deal that would value the U.S. electric pickup truck […]
February 12, 2019

One of the oldest U.S. refineries in trouble again in Philadelphia: court filings

Philadelphia Energy Solutions Inc, owner of the largest and oldest refinery on the U.S. East Coast, is facing another financial crisis just months after emerging from […]
February 12, 2019

Overseas tariffs sour U.S. whiskey exports

American whiskey makers are feeling the pain after their major overseas markets imposed hefty duties on their liquor in retaliation against President Donald Trump’s tariffs on […]
February 12, 2019

Pernod CEO pursues change and engages activist shareholder

Pernod Ricard will embrace change and continue “constructive” talks with activist investor Elliott Management, CEO Alexandre Ricard said on Tuesday while dismissing speculation that the company […]
February 12, 2019

Trump says he could let China trade deal deadline slip, ‘not inclined to’

U.S. President Donald Trump said on Tuesday that he could let the March 1 deadline for a trade agreement with China “slide for a little while,” […]
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