Energy Update
How do we ensure that the Arctic is developed in a sustainable manner? While many approach the Arctic as a place that must be preserved and protected, indigenous peoples in the area, along with many corporations, would like to see the development of Arctic resources.
SAO PAULO, Jan 14 (Reuters) - Petróleo Brasileiro SA, the Brazilian state-controlled firm at the center of a massive corruption investigation, said asset divestments hinged on a number of undetermined "global and external factors", as regulators questioned it over the sale of a stake in petrochemical giant Braskem SA.
BRUSSELS, Jan 14 (Reuters) - The European Investment Bank, the EU's lending institution, lent 77.5 billion euros in 2015 and plans to maintain a similar level of financing this year, bank president Werner Hoyer said on Thursday.
BRUSSELS, Jan 14 (Reuters) - The European Investment Bank (EIB) said on Thursday it had suspended any further loans to Volkswagen while it investigated whether previous funding could have had any link to the German carmaker's emissions test cheating scandal.
PARIS, Jan 14 (Reuters) - Members of the U.S.-led coalition fighting Islamic State will meet in Paris next week to reinforce efforts against the group, France's defence minister said on Thursday, adding that the militants were clearly retreating in Iraq.
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