SYDNEY/SINGAPORE (Reuters) – Asian share markets advanced on Monday after a lackluster start, defying a dive on Wall Street, and the price of Brent crude threatened to plumb lows last seen in 2004 on renewed worries over a global oil glut.
SINGAPORE (Reuters) – Brent crude prices fell on Monday to their lowest since 2008 on renewed worries over a global oil glut, with production around the world remaining at or near record highs and new supplies looming from Iran and the United States.
(Reuters) – General Electric Co expects to announce a decision next month about whether it will move its headquarters out of Connecticut, a spokesman said on Sunday.
(Reuters) – Two men including an oil equipment supply firm executive have been arrested on charges related to an alleged scheme to corruptly secure energy contracts from Venezuela\’s state-owned energy company, the U.S. Justice Department said Sunday.
FRANKFURT (Reuters) – Volkswagen plans to limit the time staff can remain in certain roles, its supervisory board chairman told a German weekly, in a step to improve oversight at the German carmaker.
SYDNEY (Reuters) – Australian billionaire James Packer quit the board of casino giant Crown Resorts Ltd , four months after stepping down as chairman, as it grapples with falling revenue in the Asian gambling hub of Macau.
CARACAS (Reuters) – Several employees of Pepsi-Cola Venezuela have been detained in an “arbitrary” manner after halting operations at one plant for lack of raw materials, according to food company Empresas Polar, which owns the local Pepsi operation.