Sinopec is selling a $17.4 billion stake in its retail unit as the country reforms its sprawling state-owned enterprises. The FT reports.
Exxon Mobil’s ambitions in Russia appear to have been dashed, at least until the Ukraine crisis is resolved. The NYT reports.
Falling commodity prices signal deflationary pressure, and that has to be frustrating to the central banks, Art Cashin said.
The U.S. dollar is on track for a ninth consecutive week of gains, and Dennis Gartman thinks the currency's run has just begun.
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