Wires

  • MOSCOW, Dec 5- Azeri Energy Minister Natiq Aliyev plans to visit Vienna on Dec. 10 to take part in a meeting between OPEC and non- OPEC nations, the Azeri energy ministry said on Monday. Non- OPEC nations are expected to contribute an output cut of 600,000 barrels per day as a part of a wider agreement with OPEC. The document finalising the agreement is due to be signed in...

  • *French vote seen as big test, Italy a warning for Fillon. BERLIN, Dec 5- The resounding "no" from Italian voters to Prime Minister Matteo Renzi's referendum on constitutional reform was not a rejection of the European Union and its single currency, as jubilant populists from across the bloc claimed on Monday. But the vote, which pushes Renzi out of office, does...

  • *To start flying to U.S. from Cork, Dublin. Norwegian Air is working on new transatlantic routes from Irish cities like Cork, Dublin and Shannon, and plans to double its staff in the United States, he said. "We expect to start flying from Cork and Dublin already next summer with at least four weekly routes," said Kjos.

  • Dec 5- U.S. natural gas producer Chesapeake Energy Corp said it would sell a part of its acreage in the Haynesville Shale area for $450 million to a private company. The company said the asset, which is located in northern Louisiana, includes about 78,000 net acres, 40,000 of which is core acreage. Chesapeake in November said it planned to sell more assets this year,...

  • Dec 5- U.S. stock index futures were higher on Monday as oil prices topped $55 a barrel for the first time in 16 months, and investors shrugged off the defeat of a referendum in Italy for constitutional reforms. *Futures lost ground slightly on Sunday after Italian Prime Minister Matteo Renzi said he would resign following the rejection. *Brent crude prices rose...

  • BEIJING/ FRANKFURT, Dec 5- The sale of Aixtron to Chinese investors could go ahead under new terms if the German semiconductor equipment maker sells its Silicon Valley division to get around U.S. objections, analysts said Monday. President Barack Obama stopped Fujian Grand Chip Investment Fund from buying Aixtron U.S., the division of the Germany company in...

  • LONDON, Dec 5- OPEC has finally agreed to cut production, but only after two years of fruitless negotiations. So what changed to make an agreement possible now, after it had eluded negotiators at previous OPEC meetings? Saudi officials have long stated that it would only be possible to reach an OPEC agreement once Iran had normalized its output following the...

  • LONDON, Dec 5- OPEC has finally agreed to cut production, but only after two years of fruitless negotiations. So what changed to make an agreement possible now, after it had eluded negotiators at previous OPEC meetings? Saudi officials have long stated that it would only be possible to reach an OPEC agreement once Iran had normalized its output following the...

  • LONDON, Dec 5- OPEC has finally agreed to cut production, but only after two years of fruitless negotiations. So what changed to make an agreement possible now, after it had eluded negotiators at previous OPEC meetings? Saudi officials have long stated that it would only be possible to reach an OPEC agreement once Iran had normalized its output following the...

  • LONDON, Dec 5- OPEC has finally agreed to cut production, but only after two years of fruitless negotiations. So what changed to make an agreement possible now, after it had eluded negotiators at previous OPEC meetings? Saudi officials have long stated that it would only be possible to reach an OPEC agreement once Iran had normalized its output following the...

  • NEW YORK, Dec 5- Nancy King, global head of commodities trading at Morgan Stanley, has spent the last few years remodeling what used to be one of the most profitable units on Wall Street, by downsizing and focusing on smaller, smart trades for customers instead of the big, risky bets it used to make on its own account. The bank is "sticking their toe back into the market,"...

  • LAUNCESTON, Australia, Dec 5- The already elevated price of coking coal could be boosted further if China decides to crack down on coal imports from its nuclear-armed neighbor North Korea. So far, the official line from Beijing is that China will meet its obligations under the U.N. Security Council sanctions, but as was the case earlier this year, it appears the...

  • *All 19 analysts expect stable rates on Dec. 7. WARSAW, Dec 5- Poland's central bank is expected to keep interest rates on hold until the first quarter of 2018, a Reuters poll showed on Monday. The result of the poll is in line with last month's remarks by central bank governor Adam Glapinski who said Poland is unlikely to change interest rates in 2017..

  • *Anti-establishment 5- Star Movement wants 2017 poll. Renzi's emotional, midnight resignation announcement sent the euro lower and jolted stock and bond markets on concerns that early elections could follow, possibly paving the way for an anti-euro party, the 5- Star Movement, to come to power. Even Italy's fragile bank sector, which is looking to raise around...

  • President-elect Donald Trump on Monday nominated Dr. Ben Carson to serve as secretary of the Department of Housing and Urban Development. "I am honored to accept the opportunity to serve our country in the Trump administration," Carson said in a statement.

  • President-elect Donald Trump on Monday nominated Dr. Ben Carson to serve as secretary of the Department of Housing and Urban Development. "I am honored to accept the opportunity to serve our country in the Trump administration," Carson said in a statement.

  • President-elect Donald Trump on Monday nominated Dr. Ben Carson to serve as secretary of the Department of Housing and Urban Development. "I am honored to accept the opportunity to serve our country in the Trump administration," Carson said in a statement.

  • WASHINGTON— President-elect Donald Trump, moving to complete formation of his Cabinet and decide other key administration posts, chose former campaign rival Ben Carson on Monday to be secretary of the Department of Housing and Urban Development. Trump's decision, announced by his transition office, comes as the real estate mogul continues a series of...

  • LONDON, Dec 5- Britain's Attorney General Jeremy Wright said the government's appeal to the UK Supreme Court over who has the right to trigger the formal divorce process from the European Union goes to the heart of the British constitution. "It raises issues going to the very heart of our constitutional settlement," Wright told the court. Wright's comment came at...

  • NEW YORK— President-elect Trump chooses former campaign rival Ben Carson to be housing secretary.