A gasoline shortage in OPEC member Venezuela was exacerbated by an increase in fuel exports to foreign allies such as Cuba and Nicaragua and an exodus of crucial personnel from state-run energy company PDVSA, according to internal PDVSA documents and sources familiar with its operations.
The number of employees earning more than a million euros or pounds at Europe's biggest banks fell sharply last year, another sign of the clout they have lost to U.S. rivals since the financial crisis.
True to his pledge, President Donald Trump gave final approval on Friday (Mar 24) for TransCanada to build the controversial Keystone XL oil pipeline, overriding environmental concerns in favour of boosting jobs and energy supply.
Italian drinks group Davide Campari has a tall order to fulfill: take a neglected old liqueur out of the kitchen, where it is used as a dessert topping, and turn it into a hot new cocktail trend.
U.S. President Donald Trump on Friday touted Charter Communications Inc's decision to invest US$25 billion in the United States and a plan the company announced before he was elected to hire 20,000 workers over four years.
Russia has the European Union in a bind.
U.S. Treasury Secretary Steven Mnuchin said on Friday that he believes financial markets could improve "significantly" once they fully reflect the potential for U.S. economic growth from President Donald Trump's economic policies.
Halliburton Co , the world's No. 2 oilfield services provider, warned that its first-quarter profit would likely miss analysts' expectations due to higher costs and weak demand in markets outside North America.
Major U.S. stock indexes turned negative and sank to session lows on Friday as a highly anticipated vote in Congress on a healthcare bill neared.
The European Investment Bank has asked French investigators to find out whether 800 million euros (US$863 million) of EU-backed loans to Renault could have been used to develop test-cheating diesel engines, according to documents seen by Reuters.