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Reuters: Top News

Pemex aims for splash in shallow waters, retreats from the deeps
Mexican state-run oil giant Petroleos Mexicanos will focus on existing shallow water assets and refining next year at the expense of riskier, deepwater projects under a new government that has vowed to turn around the ailing company.


POSTED DECEMBER 16, 2018 6:12 PM
Saudi Arabia denounces U.S. Senate position on Khashoggi: statement
Saudi Arabia's foreign ministry denounced "recent position of US senate" saying the Jamal Khashoggi incident is a crime that does not reflect the policy of the kingdom, in a statement carried by Saudi Press Agency late on Sunday.


POSTED DECEMBER 16, 2018 6:10 PM
New Brexit vote would 'break faith' with British, says May
Prime Minister Theresa May will state her opposition to a second Brexit referendum on Monday, telling parliament such a vote would "break faith" with British people and do "irreparable damage" to politics.


POSTED DECEMBER 16, 2018 5:51 PM
Canada says China has granted consular access to second detainee
Canadian diplomats received consular access on Sunday to the second of two men detained by China over the past week, Canada's foreign ministry said in a statement that gave few details.


POSTED DECEMBER 16, 2018 5:36 PM
Renault seeks Nissan shareholder meeting as Ghosn crisis deepens
Renault requested a full Nissan shareholder meeting, a source close to the company said - appearing to escalate the carmaker's standoff with its Japanese alliance partner in the wake of the pay scandal engulfing Chairman and CEO Carlos Ghosn.


POSTED DECEMBER 16, 2018 4:58 PM
'All I want for Christmas is democracy,' say Hungary protesters
Thousands of Hungarians thronged the streets of Budapest on Sunday in the fourth and largest protest in a week against what they see as the increasingly authoritarian rule of right-wing nationalist Viktor Orban.


POSTED DECEMBER 16, 2018 4:53 PM
Shareholders call on ExxonMobil to set greenhouse gas reduction targets
A number of institutional investors in ExxonMobil Corp have said they will file a shareholder resolution which calls on the world's largest oil company to set targets for lowering its greenhouse gas emissions.


POSTED DECEMBER 16, 2018 3:17 PM
Fifth victim of Strasbourg market attack dies: prosecutor
The Paris prosecutor's office said on Sunday that a fifth person had died from their wounds following Tuesday's Strasbourg Christmas market shooting.


POSTED DECEMBER 16, 2018 3:08 PM
Recent market 'jolt' will be first of many as easy money era ends, says BIS
Recent sharp selloffs across global financial markets are probably the first of many, as investors adjust to a world of tighter monetary conditions and the threat of economic downturn, the Bank of International Settlements said on Sunday.


POSTED DECEMBER 16, 2018 3:07 PM
Regulators need joined up thinking to spot derivatives risks: BIS
Regulators should scrutinize clearing houses and banks together to spot financial stability threats from the world's multi-trillion dollar derivatives market, the Bank for International Settlements said on Sunday.


POSTED DECEMBER 16, 2018 3:07 PM

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