Democrats such as Elizabeth Warren had their eye on business and the working class during the first 2020 presidential primary debate in Miami.2020 Electionsread more
Chinese President Xi Jinping is expected to present U.S. President Donald Trump with the terms it expects the U.S. to meet before Beijing is willing to settle the countries'...World Economyread more
Huawei's legal chief told CNBC that the company makes "solutions for civil use."Technologyread more
The Chinese Ministry of Commerce maintained a firm stance against the U.S. during a weekly press conference on Thursday, less than two days ahead of a scheduled meeting...China Economyread more
Carl Icahn ratcheted up his fight with Occidental Petroleum over its pending purchase of rival Anadarko Petroleum by calling for a special shareholder meeting where he hopes...Energyread more
The issue over health insurance marked the first stark divide among the candidates, and sparked a heated back-and-forth between many of the candidates on stage.Politicsread more
The stock market is shrinking for several key reasons, but there's a way for investors to maneuver it, says Citi Research strategist Robert Buckland.Trading Nationread more
Four candidates mentioned China — but none of the Democratic contenders brought up trade in the debate.Politicsread more
Credit Suisse initiated coverage of Tesla Wednesday with an "underperform" rating and a price target 15% below where the stock closed.Marketsread more
Something unusual is happening in financial markets, and it could mean more gains lie ahead for stocks, if history is any indication.Marketsread more
Waymo has officially expanded its reach and is now making some of its self-driving minivans available for customers of ride-share firm Lyft.Transportationread more
minister@ (Adds share price, seeks company comment)
TINDOUF, Algeria, May 27 (Reuters) - Algeria's energy minister said on Monday he would seek a "good compromise" when asked about his earlier comments that Algiers would block a plan by France's Total to buy Anadarko's Algerian assets.
Occidental Petroleum agreed to sell Anadarko Petroleum Corporation's assets in Algeria, Ghana, Mozambique and South Africa to Total for $8.8 billion if the U.S. oil company succeeds in completing its plan to take over of Anadarko.
Algerian Energy Minister Mohamed Arkab said on Sunday that Algiers would block Total's acquisition. Algeria remains wary of investments by firms from its former colonial occupier, although Total signed energy deals with the country in 2018.
Anadarko declined to comment and Occidental did not respond to a request for comment on Monday.
"Sonatrach needs to maintain good ties with foreign partners to develop its programs," Arkab told reporters, adding that state-owned Sonatrach would "preserve its interests."
"Sonatrach will seek a good compromise," he said about the acquisition, speaking during a visit to Tindouf gas field, 1,700 km south west of Algiers. He did not elaborate.
Anadarko holdings in Algeria represent about 260,000 barrels per day (bpd) of oil, more than 25% of the country's crude production estimated at 1 million bpd.
Occidental shares traded down 1.4 percent to $52.73 on Monday morning. (Reporting by Lamine Chikhi. Additonal reporting by Jennifer Hiller in Houston. Writing by Ulf Laessing Editing by Edmund Blair and David Gregorio)