Energy Update
MONTREAL, Jan 12 (Reuters) - Canadian Finance Minister Bill Morneau said on Tuesday the public is concerned about the economy, but declined to indicate whether the Liberal government will stick to their budget deficit pledge or boost spending.
HOUSTON, Jan 12 (Reuters) - Hopes for a recovery in oil prices evaporated further on Tuesday as long-dated futures contracts fell even more to show oil will stay stuck below $50 a barrel until 2022.
Jan 12 (Reuters) - A committee of National Football League owners has recommended a proposal for a stadium in the Los Angeles suburb of Carson that is backed by the San Diego Chargers, the NFL said Tuesday.
(Recasts with comments from committee) By Megan Davies NEW YORK, Jan 12 (Reuters) - Puerto Rico could face widespread blackouts if its power utility, PREPA, runs out of cash, the company's chief restructuring officer told a congressional panel on Tuesday, arguing that the utility needs access to federal bankruptcy law to help close a deal to restructure its debt.
BRUSSELS, Jan 12 (Reuters) - The European Commission said on Tuesday it had launched an in-depth investigation into oilfield services provider Halliburton's planned purchase of its smaller rival Baker Hughes.
BRUSSELS, Jan 12 (Reuters) - The European Commission said on Tuesday it had launched an in-depth investigation into Halliburton's planned purchase of its oilfield services rival Baker Hughes.
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