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Saskatchewan won't curtail oil production | Oil & Gas

Saskatchewan won't curtail oil production | Oil & Gas

Canada's oil-producing province, Alberta, has announced an 8.7-percent reduction in oil production, about 325,000 barrels daily, beginning next year in a bid to raise "historically low prices" in t...

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Huawei CFO arrested for violating USA sanctions on Iran: Canadian media

Huawei CFO arrested for violating USA sanctions on Iran: Canadian media

She will face a bail hearing on Friday, the spokesman for Canada's Department of Justice said . At this time, the department spokesperson can't share more details because Meng requested a publication...

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China stays silent as Trump talks up trade truce

China stays silent as Trump talks up trade truce

China has placed a 10 percent tariff on U.S. -LNG imports with the threat of increasing that figure in the future, resulting in China having to find alternate sources of the super-cooled fuel on the s...

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Qualcomm says NXP deal is off

Qualcomm says NXP deal is off

Qualcomm told Reuters that although it welcomed the development, the deadline for the deal to be completed had passed and it had no interest in resurrecting the deal. "Although that acquisition can ...

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100 million users credentials stolen

100 million users credentials stolen

Anonymously authored questions and answers were reportedly not affected by the breach , and the company said it doesn't store information from anonymous users. The number of people involved potential...

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Canada says it takes Trump's talk of NAFTA withdrawal seriously

Canada says it takes Trump's talk of NAFTA withdrawal seriously

The leaders of Canada , Mexico and the US signed a revised North American free trade pact Friday on the margins of the G20 summit in Argentina that is set to govern more than $1.2 trillion in regiona...

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'Good signs' on US-China trade, Trump says ahead of Xi talks

'Good signs' on US-China trade, Trump says ahead of Xi talks

Trump spokeswoman Sarah Sanders indicated that an informal meeting may yet happen. White House trade adviser Peter Navarro - a trade hawk - is expected to attend a dinner between the pair of world l...

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George H.W. Bush's service dog, Sully, is honored: 'Mission complete'

The nation's 41st president died on November 30 at the age of 94 at his home in Houston. He will be buried next to his wife Barbara and their daughter Robin who died in 1953. Bush over the weekend, ...

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Saudi minister: OPEC+ deal 'supports global economy'

Saudi minister: OPEC+ deal 'supports global economy'

Saudi Arabia is pumping as much as 11.2 million barrels a day, though it has said it supports a drop in output and has pledged to reduce monthly exports by 500,000 barrels a day in December. Both mai...

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Qatar pulls out of Opec to focus on gas production

Qatar pulls out of Opec to focus on gas production

Saad al-Kaabi, the country's energy minister, told a news conference: "Qatar has chose to withdraw its membership from Opec effective January 2019 and this decision was communicated to Opec this morni...

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Fed minutes: Further hike

Fed minutes: Further hike "warranted soon", debate opened on pause

Speaking at the Economic Club of NY on November 28, Jerome Powell outlined the Fed's decision to slow or pause interest rate movements in 2019 and would continue to monitor the nation's financial stab...

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May says UK's Brexit future lies in MPs' hands

May says UK's Brexit future lies in MPs' hands

But European Council President Donald Tusk, who is also at the G-20 meeting in Buenos Aires, warned that the agreement ratified by the EU last weekend is "the only possible one". But hinting at potent...

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Trump & Putin ignore each other at G20

Trump argues that the massive balance of trade in China's favour is not sustainable for the American economy . The US has been pushing China hard on intellectual property theft, and World Trade O...

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Fed: Slower pace of monetary tightening? - Westpac

Fed: Slower pace of monetary tightening? - Westpac

Powell was cited in the minutes as saying that "it might be appropriate to implement another technical adjustment in the IOER rate relative to the top of the target range for the federal funds rate fa...

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Crude Market: Oil dips below $50 on output doubts

Crude Market: Oil dips below $50 on output doubts

Oil prices edged up on Thursday on optimism that trade talks at the upcoming G20 meeting could help the global economy and improve demand, but gains were curbed after USA crude inventories hit their...

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Trump signs trade deal with Mexico and Canada

Trump signs trade deal with Mexico and Canada

In March, Trump - who has has repeatedly called NAFTA " the worst trade deal ever" - tweeted that the steel and aluminum levies would "only come off if new & fair NAFTA agreement is signed". NAFTA wa...

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Powell hints at slower rate-hike pace

Powell hints at slower rate-hike pace

But some economists say three rate increases for next year are beginning to look less certain. He told an audience in NY on Wednesday, "Interest rates are still low by historical standards, and th...

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Trump tests presidential limits by threat to General Motors

Trump tests presidential limits by threat to General Motors

He said the small truck business in the US has been a favorite for many years due to a 25-percent tariff on foreign trucks. BMW builds more cars in its U.S. White House press secretary Sarah Huckabe...

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Trump heads to G20 primed for new conflicts

Trump heads to G20 primed for new conflicts

In an interview with The Wall Street Journal published on Tuesday, Trump said that it was "very unlikely" that he would postpone raising tariffs to 25 percent on $200 billion worth of Chinese impo...

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German police search Deutsche Bank offices in tax haven case

German police search Deutsche Bank offices in tax haven case

In total around 170 police officers raided six properties belonging to the bank and seized electronic and paper documents. The Panama Papers are a trove of documents from a law firm that handled...

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