Energy Update
BRASILIA, Dec 19 (Reuters) - Odebrecht executives have
testified the Brazilian engineering firm illegally funded the
2014 campaign of the country's impeached leftist president, a
top newspaper reported on Monday, a development that could lead
to the removal of her successor.
MILAN, Dec 19 (Reuters) - Intesa Sanpaolo said on
Monday it was not aware of any probe by Italian or European
authorities over its potential role in helping funding the
acquisition of a 19.5 percent stake in Russian energy giant
Rosneft.
RIO DE JANEIRO, Dec 19 (Reuters) - Former Brazilian leader
Luiz Inacio Lula da Silva will face a fifth corruption trial, a
judge ruled on Monday, as charges pile up against the man seen
as a front-runner to win the 2018 presidential election.
LONDON, Dec 19 (Reuters) - WPP, the world's largest
advertising agency, said on Monday that three of its
subsidiaries had received subpoenas from the U.S. Department of
Justice as part of an investigation into video production
practices in the industry.
MUMBAI, Dec 19 (Reuters) - Former Tata Sons
chairman Cyrus Mistry bowed to pressure to quit from the boards
of all Tata group companies on Monday, but promised to fight to
improve the $100 billion salt-to-software conglomerate's
governance.
NEW YORK, Dec 19 (Reuters) - The founder of New York-based
hedge fund Platinum Partners was arrested on Monday as
prosecutors unveiled an indictment charging him and six others
with participating in an approximately $1 billion fraud.
DUBAI, Dec 19 (Reuters) - Saudi Arabia's crude oil exports
fell in October by 176,000 barrels per day from the month
before, despite high production, but its refined products
shipments rose as the kingdom expands its refining power,
official data showed on Monday.
PARIS, Dec 19 (Reuters) - France's foreign minister said on
Monday that the adoption of a U.N. humanitarian resolution on
Aleppo was just a first step and that all sides, especially the
Syrian government and its allies, needed to implement it
immediately.
Dec 19 (Reuters) - Sonangol, Angola's state-controlled oil
company, said on Monday it could hold tenders for all fuel
imports next year to cut costs, the Financial Times reported.
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