January 20, 2016/Reuters Nigeria’s state oil company said on Wednesday it had shut down two of its four refineries due to crude supply problems after recent pipeline attacks. The Nigerian National Petroleum Corporation carried out an “operational shutdown” of the refineries in the northern city of Kaduna and Port Harcourt, […]
Tag: Reuters
GE to sell appliances business to China’s Haier for $5.4 billion
January 15, 2016/Reuters Haier Group said it would buy General Electric Co’s appliance business for $5.4 billion, the Chinese company’s latest attempt to boost its presence in the lucrative United States market. Haier, which made an abortive attempt in 2008 to buy the business, has a negligible presence in the […]
Global stocks rise as slowing China growth boosts stimulus prospects
Tue Jan 19, 2016/Reuters By Nigel Stephenson Shares in Europe and Asia rose and the dollar gained after data showing China’s economy grew last year at its slowest pace in 25 years prompted investors to anticipate more efforts to spur growth. Oil prices rose after strong Chinese fuel demand halted […]
