Britain says high standards will be maintained UK flags criticism in financial crisis-era reforms London faces new competition from EU centers Consultation on the planned digital book LONDON, Dec 9 (Reuters) – Britain presented a series of measures on Friday to bolster the City of London’s role as a global financial hub, under pressure since …
Britain overhauls financial rules to bolster City’s global influence Read More »
Russia turns to Chinese currency despite sanctions Moscow becomes the 4th offshore trading center for the yuan The share of the yuan in the Russian foreign exchange market increases from 1% to 45% Russian central bank backs trend but warns of risks This content was produced in Russia where the law limits coverage of Russian …
Yuan is the new dollar as Russia rolls to red back Read More »
NEW YORK, Nov 28 (Reuters) – The global oil market is signaling a potential shift as traders and analysts worry about falling demand for crude and a surplus market in the coming months. After months of strength, crude futures are flirting with all-year lows as major oil consumer China enters additional COVID-19-related lockdowns while central …
Global oil market signals near-term weakness ahead of EU embargo on Russian oil Read More »
WASHINGTON/HOUSTON, Nov 26 (Reuters) – Chevron Corp on Saturday received a U.S. license allowing the second-biggest U.S. oil company to expand production in Venezuela and ship crude oil from the South American country to the United States . The ruling grants broader rights to the last major US oil company still operating in US-sanctioned Venezuela. …
Chevron can resume a key role in Venezuela’s oil production and exports Read More »
US ready to allow oil giant to produce and sell Venezuelan oil Chevron owes billions in unpaid debt to state-owned PDVSA US aims to transfer Venezuelan oil sales from shadow companies HOUSTON, Nov 23 (Reuters) – Chevron Corp could soon win U.S. approval to expand operations in Venezuela and resume trading in its oil once …
US ready to allow Chevron to increase oil production in Venezuela Read More »
