Wires

  • MEXICO CITY, Dec 5- Mexico awarded a consortium of Chevron, Pemex and Inpex Corporation the third block tendered from the Gulf of Mexico' s Perdido Fold Belt off the U.S.- Mexico maritime border in a historic deep water oil and gas auction on Monday.

  • LONDON, Dec 5- London could lose its position as the leading destination for start-ups in Europe if it does not remain open to the best talent after the British vote to leave the European Union, investors warned on Monday. James Wise, partner at venture capital firm Balderton Capital, said that Britain employed 31 percent of all the people in Europe working in tech...

  • CANNON BALL, N.D., Dec 5- Thousands of protesters in North Dakota celebrated the federal government's ruling against a controversial pipeline but girded for a protracted struggle as President-elect Donald Trump's transition team said on Monday it supports the project and would review it after he takes office. Standing Rock Sioux Chairman Dave Archambault...

  • NEW YORK, Dec 5- Union mechanics at United Airlines on Monday ratified a six-year joint collective bargaining agreement with the airline, marking the end to several years of contract talks between the two parties. "This contract represents the largest contract for a mechanics group in airline industry history," the director of the Teamsters airline division,...

  • ST. LOUIS— A St. Louis- area businessman and three other men will have a hearing Tuesday in federal court after being accused of kidnapping and beating a man over three days. Court records say BAM Brands president and CEO Todd Beckman and three others— Blake Laubinger, Caleb Laubinger and Kerry Roades— held the man from Nov. 21 to 23. The St. Louis Post-Dispatch reports...

  • MEXICO CITY, Dec 5- Mexico awarded a consortium comprised by Total and ExxonMobil the second block tendered from the Gulf of Mexico' s Perdido Fold Belt off the U.S.- Mexico maritime border in a historic deep water oil and gas auction on Monday.

  • CALGARY, Alberta, Dec 5- The Canadian oil-producing province of Alberta will offer C $500 million in royalty credits to Pembina Pipeline Corp and Inter Pipeline Ltd for their petrochemical projects, the government said on Monday, as it seeks to diversify its ailing economy. Pembina's project is a joint venture with Kuwait's Petrochemical Industries Company...

  • INDIGO MINERALS LLC IS THE BUYER OF $450 MILLION OF ASSETS THAT CHESAPEAKE ENERGY CORP SAID IT WOULD SELL ON MONDAY- SOURCES.

  • PHOENIX, Dec 5- The policies outlined by President-elect Donald Trump could boost the U.S. economy if they improve productivity, St. Louis Federal Reserve President James Bullard said on Monday. In remarks prepared for delivery at an event in Phoenix sponsored by Arizona State University, Bullard said it is too early to tell if the policies expected from the...

  • *London cocoa at most oversold level in 5 years. NEW YORK/ LONDON, Dec 5- London cocoa futures on ICE fell for the ninth straight session on Monday, reaching a 22- month low and extending further into technically oversold levels on chart-based sell signals and pressure from earlier strength in the British pound. March London cocoa settled down 31 pounds, or 1.6...

  • MEXICO CITY, Dec 5- Mexico awarded China Offshore Oil Corporation the first block tendered from the Gulf of Mexico' s Perdido Fold Belt off the U.S.- Mexico maritime border, in a historic deep water oil and gas auction on Monday.

  • LA PARADA, Colombia, Dec 5- Women from crisis-hit Venezuela are crossing the border in droves and selling their hair in a Colombian border town in order to afford scarce basic necessities such as food, diapers or medicines. Dozens of middlemen, known as "draggers," stand on a bridge linking San Antonio, Venezuela, to Colombia's La Parada, calling out: "We buy hair!"

  • BRUSSELS, Dec 5- EU nations are edging toward a compromise on a proposal to guard against gas supply disruptions, agreeing to share details on contracts and cooperate across borders, the Slovak presidency said on Monday. Cuts in gas supplies from Russia in 2006 and 2009 exposed the bloc's vulnerability- particularly in eastern Europe- in relying on Russian gas...

  • LONDON— Bank of England Governor Mark Carney has warned that government and industry must do their part to spur growth and ensure that prosperity is more equally distributed to counter a rising tide of insecurity and anxiety. In an extraordinary speech Monday in Liverpool, Carney says while central banks have been "the only game in town" since the 2008 financial...

  • Irfan Amanat, 45, was charged in a complaint filed in Manhattan federal court with conspiracy, securities fraud and wire fraud stemming from a scam prosecutors said he engaged in with his brother. Irfan Amanat, who a decade ago was the subject of a U.S. Securities and Exchange Commission case related to his time as chief technology officer of Tradescape Corp, was...

  • CALGARY, Alberta, Dec 5- The Canadian oil-producing province of Alberta will offer C $500 million in royalty credits to Pembina Pipeline Corp and Inter Pipeline Ltd for their petrochemical projects, the government said on Monday as it seeks to diversify its ailing economy. Pembina's project is a joint venture with Kuwait's Petrochemical Industries Company...

  • WASHINGTON— Commerce Department releases international trade data for October, 8:30 a.m.. WASHINGTON— Labor Department releases revised third-quarter productivity data, 8:30 a.m.. WASHINGTON— Commerce Department releases factory orders for October, 10 a.m..

  • PAWNEE, Okla.— The U.S. Geological Survey has recorded five small earthquakes in northern Oklahoma, including a magnitude 3.9 temblor near Pawnee where the state's largest earthquake was recorded in September. The USGS says one quake hit at 9:22 p.m. Sunday, about 9 miles east of Pawnee. A 3.2 magnitude quake was recorded at 11:39 a.m. Monday, nine miles west of...

  • WASHINGTON, Dec 5- A federal appeals court on Monday brought to an end President Barack Obama's bid to overturn a ruling that threatens to gut his signature healthcare law by putting the case on hold until after President-elect Donald Trump, who aims to repeal Obamacare, takes office. But the U.S. Court of Appeals for the District of Columbia Circuit agreed to a...

  • CALGARY, Alberta, Dec 5- The Canadian oil-producing province of Alberta will offer C $500 million in royalty credits to Pembina Pipeline Corp and Inter Pipeline Ltd for their petrochemical projects, the government said on Monday as it seeks to diversify its ailing economy.