Russia's Gazprombank freezes accounts of Venezuela's PDVSA: source

FILE PHOTO: Cutouts depicting images of oil operations are seen outside a building of Venezuela’s state oil company PDVSA in Caracas, Venezuela January 28, 2019. REUTERS/Carlos Garcia Rawlins/File Photo MOSCOW (Reuters) – Russian lender Gazprombank has decided to freeze the accounts of Venezuelan state oil company PDVSA and halted transactions with the firm to reduce […]

U.S.-China trade talks to resume next week, Trump hints at extension

BEIJING/WASHINGTON (Reuters) – The United States and China will resume trade talks next week in Washington with time running short to ease their bruising trade war, but U.S. President Donald Trump repeated on Friday that he may extend a March 1 deadline for a deal and keep tariffs on Chinese goods from rising. Both the […]

German govt adviser proposes broader view of EU antitrust rules

FILE PHOTO: European Competition Commissioner Margrethe Vestager talks to the media at the European Council headquarters in Brussels, Belgium February 6, 2019. REUTERS/Yves Herman/File Photo BERLIN (Reuters) – European Union antitrust rules could be reformed to introduce a two-stage review of mergers that would examine competition issues and then broader public interests, said the head […]

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

FILE PHOTO: The logo of Ford is seen during the 88th International Motor Show at Palexpo in Geneva, Switzerland, March 6, 2018. REUTERS/Pierre Albouy (Reuters) – 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. The automaker told […]

Qatar revamps investment strategy after Kushner building bailout

LONDON/NEW YORK/DUBAI (Reuters) – When news emerged that Qatar may have unwittingly helped bail out a New York skyscraper owned by the family of Jared Kushner, Donald Trump’s son-in-law, eyebrows were raised in Doha. FILE PHOTO: U.S. President Donald Trump, flanked by White House senior advisor Jared Kushner, meets with Saudi Arabia’s Deputy Crown Prince […]