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Exclusive: Venezuela’s PDVSA to unload $57 million oil cargo disputed by rival Citgo boards
By Marianna Parraga (Reuters) – Venezuela’s state-run oil company PDVSA this week plans to discharge nearly 1 million barrels of crude stranded for over a year at sea over U.S. sanctions against the company and an ownership dispute with its refining unit, Citgo Petroleum, according to internal documents viewed by Reuters. At one point last […]
Uber stops upfront ride pricing in response to California worker law
By Tina Bellon (Reuters) – Uber Technologies Inc on Wednesday informed its California customers that it would switch to providing estimates as opposed to fixed prices for its rides in response to a new law that makes it harder to qualify its drivers as contractors. In an email sent out to riders and seen by […]
Investors buy post-Fed dollar dip, BoE sinks sterling
LONDON (Reuters) – The dollar rebounded on Thursday, recovering after the Federal Reserve repeated it saw high inflation as transitory, while sterling dropped after the Bank of England unexpectedly kept interest rates on hold.FILE PHOTO: Dollar, Euro and Pound banknotes are seen in this picture illustration taken April 28, 2017. REUTERS/Dado Ruvic/IllustrationThe Fed announced on […]