GOA (Reuters) – The International Energy Agency (IEA) will revise its global oil demand growth projections based on the economic growth prospects of China and some other countries, its executive director Fatih Barol said on Saturday. He reiterated the IEA’s view that oil markets are expected to tighten in the second half of the year….
(Reuters) – CME Group, the world’s largest derivatives exchange, eliminated about 100 positions, or 3% of its workforce, this week while reallocating some positions, a spokesperson said on Friday. “The company plans to reallocate the majority of those positions to new, cloud-focused technology roles,” the spokesperson said in an emailed statement, adding that the overall…
By Bill Trott (Reuters) -Tony Bennett, the smooth American singer who had an enduring hit with “I Left My Heart in San Francisco” and remained perpetually cool enough to win over younger generations of fans well into the 21st century, died on Friday, his publicist said. Bennett was 96. He died at his home in…
LIMA (Reuters) – A Peruvian high court has ordered same-sex unions to be legally registered in public records, marking a victory for the LGBTQ community in a country that has been reluctant to recognize gay couples. The ruling, published on Friday, followed a case brought by a gay Peruvian citizen who sued the registration office…
By Elena Fabrichnaya, Alexander Marrow and Vladimir Soldatkin MOSCOW (Reuters) -Russia’s central bank hiked its key interest rate by a greater-than-expected 100 basis points to 8.5% on Friday, raising the cost of borrowing as the weak rouble added to inflation pressure from a tight labour market and strong consumer demand. It was the first time…
MEXICO CITY (Reuters) – Migrants in Latin America are more likely to work in informal jobs despite having higher qualifications compared to native workers, hindering their integration, a joint report by three international organizations showed on Friday. Over 50% of migrants in the region are likely to find informal work, the study by the Inter-American…
By Simon Lewis and David Brunnstrom WASHINGTON (Reuters) – It has never been easy for the United States to secure the return of citizens from North Korea, one of the world’s most isolated nations. The task may be even harder in the case of Private Travis King, with communication between the countries now almost non-existent,…
(Reuters) – Apollo Global Management Inc co-founder Leon Black paid $62.5 million to the U.S. Virgin Islands to avoid any legal claims tied to a Jeffrey Epstein sex-trafficking investigation, the New York Times reported on Friday. The Times obtained a copy of the settlement agreement from the Virgin Islands government through a public records request….
By Marianna Parraga and Gary McWilliams HOUSTON (Reuters) -A U.S. court set Oct. 23 as the start date for a long-expected auction of shares in Venezuela-owned refiner Citgo Petroleum’s parent to pay creditors with judgments against the South American nation. The sale process lays out a schedule that could lead to formal approval of any…
(Reuters) – American Airlines Group Inc on Friday said it raised the value of its contract offer to pilots by more than $1 billion to match a more generous deal at United Airlines after American’s union warned that ratification was in jeopardy. The Texas-based carrier said the changes bring the total value of the four-year…
