LONDON, April 18 (Reuters) - Saudi Arabia's decision to
scupper negotiations on a coordinated oil output freeze in Doha
on Sunday seems to confirm a significant shift in the kingdom's
oil policy.
FRANKFURT/DUESSELDORF, April 18 (Reuters) - The German state
of Berlin plans to take a majority stake in the capital's gas
network as part of a broader ownership change at natural gas
supplier GASAG that will push out existing shareholders
Vattenfall and Engie.
BRASILIA, April 18 (Reuters) - Brazil's leftist President
Dilma Rousseff suffered a humiliating loss when the lower house
of Congress voted to impeach her on Sunday, leaving her almost
certain to be forced from office months before the nation hosts
the Olympics.
DOHA, April 18 (Reuters) - A deal to freeze oil output by
OPEC and non-OPEC producers fell apart on Sunday, leading to a
steep drop in oil prices towards $40 on Monday.
BEIJING, April 18 (Reuters) - China will reduce the number
of statutory working days for its coal miners to 276 a year from
330 as it bids to tackle a chronic supply glut that has sapped
prices, the country's work safety watchdog said on Monday.
KARACHI, Pakistan, April 18 (Reuters) - Pakistan shares
edged lower on Monday, with oil stocks dragging the index down
after a producers' meeting in Doha aimed at capping global oil
output failed, analysts said.
MANILA, April 18 (Reuters) - The United States will transfer
an observation blimp to the Philippines to help it track
maritime activity and guard its borders amid rising tensions in
the South China Sea, a U.S. diplomat said on Monday.
Oil revenues let Alaska cut dividend checks to its residents, but now oil prices are low and production is down. What kind of options does the state have to bolster its finances?
JUBA, April 18 (Reuters) - U.N. Secretary General Ban
Ki-moon has urged the leaders of war-torn South Sudan to form a
transitional government quickly and roll out other parts of a
fragile peace deal aimed at ending more than two years of
conflict.
LONDON, April 18 (Reuters) - BHP Billiton
Chief Executive Andrew Mackenzie said on Monday that businesses
could face a decade of damaging uncertainty if Britain voted to
leave the European Union in a June 23 referendum.
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