Oil markets need regulator in face of speculators: Eni CEO

6 hours ago
ROME (Reuters) - Energy markets might need to be regulated to put a brake on widespread financial speculation that is distorting crude prices, the head of Italian oil major Eni told Il Sole 24 Ore newspaper.

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23 Jul 2017

Spain's business leaders worried about Catalan secession

BARCELONA (Reuters) - Almost three quarters of Spanish business leaders fear Catalonia's plans for an independence referendum on Oct. 1 could harm the country's economy, according to a study by Deloitte published in Spanish newspaper El PaĆ­s.

23 Jul 2017

China's Guangzhou halts construction projects after deadly accident

BEIJING (Reuters) - The southern China city of Guangzhou on Sunday suspended all construction projects after a crane at a construction site collapsed on Saturday killing seven people.

22 Jul 2017

Mexico economy minister eyes multiple rounds of NAFTA talks

MEXICO CITY (Reuters) - There could be between six to nine rounds of negotiations between the United States, Canada and Mexico in the event a quick deal is reached on a revamp of the North American Trade Agreement, Mexican Economy Minister Ildefonso Guajardo said.

22 Jul 2017

Kuwaiti oil minister says further production cuts are possible

ST PETERSBURG, Russia (Reuters) - Kuwait's oil minister Essam al-Marzouq said on Saturday that compliance with oil production cuts by OPEC and non-OPEC countries is good and that deeper cuts are possible.

22 Jul 2017

World Bank orders Argentina to pay $320 million over seized airline: newspaper

BUENOS AIRES (Reuters) - The World Bank's arbitration tribunal has ordered Argentina to pay $320 million plus interest and legal fees to Spanish travel group Marsans for expropriating its airline Aerolineas Argentinas SA <AERA.UL> in 2008, a local newspaper reported on Saturday.

22 Jul 2017

China insurance regulator urges industry to show more 'self-discipline'

BEIJING (Reuters) - China's insurance regulator has urged the industry to show greater "self-discipline" and "serve the real economy", in a nod to the central government's focus on fighting financial risk.

22 Jul 2017

Deutsche Bank, JPMorgan to pay $148 million to end yen Libor cases in U.S.

NEW YORK (Reuters) - Deutsche Bank AG <DBKGn.DE> and JPMorgan Chase & Co <JPM.N> have agreed to pay a combined $148 million to end private U.S. antitrust litigation claiming they conspired with other banks to manipulate the yen Libor and Euroyen Tibor benchmark interest rates.

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