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World Economy International Organizations

  • BRUSSELS, Oct 19- European Union leaders welcomed a proposal by British Prime Minister Theresa May aimed at unblocking Brexit talks, but said concessions to ease the fears of EU citizens living in Britain were not enough. Arriving at a two-day summit in Brussels on Thursday with other EU leaders, May sought to shift the focus away from a failure to push the talks...

  • LONDON, Oct 19- The World Health Organization's cancer agency dismissed and edited findings from a draft of its review of the weedkiller glyphosate that were at odds with its final conclusion that the chemical probably causes cancer. It issued a report on its assessment of glyphosate- a key ingredient in Monsanto Corp's top-selling weedkiller RoundUp- in...

  • *OPEC expected to extend supply cuts through next year. LONDON, Oct 19- Oil prices slipped on Thursday but held on to most recent gains, supported by OPEC- led supply cuts, tension in the Middle East and lower U.S. production. Brent crude fell by $1.13 a barrel to a low of $57.02 before recovering a little to $57.30 by 1345 GMT.

  • *Canadian dollar at C $1.2481, or 80.12 U.S. cents. Prices of oil, one of Canada's major exports, slipped on profit taking. Oil had been supported in recent weeks by OPEC- led supply cuts, tension in the Middle East and lower U.S. production.

  • BRUSSELS, Oct 19- Prime Minister Theresa May urged the European Union on Thursday to break the deadlock and move forward with Brexit talks, asking the bloc's leaders to respond with "urgency" on easing the fears of their citizens living in Britain. Arriving at a two-day summit in Brussels with other EU leaders, May sought to lower any remaining expectation that she...

  • *OPEC expected to extend supply cuts through next year. LONDON, Oct 19- Oil prices slipped on Thursday but held onto most recent gains, supported by OPEC- led supply cuts, tension in the Middle East and lower U.S. production. Brent crude fell $1.02 a barrel to a low of $57.13 before recovering a little to $57.20 by 1230 GMT.

  • LONDON, Oct 19- Oil producers are working to build consensus on extending their deal to reduce supplies, OPEC's secretary general said on Thursday, with the potential for continuation throughout 2018 forming a basis for talks. The Organization of the Petroleum Exporting Countries, plus Russia and nine other producers, are cutting oil output by about 1.8...

  • *OPEC expected to extend supply cuts through next year. LONDON, Oct 19- Oil prices slipped on Thursday but held onto most recent gains, supported by OPEC- led supply cuts, tension in the Middle East and lower U.S. production. "OPEC is expected to roll over output restrictions for another nine months, supplies are at risk in the Middle East and U.S. inventories are falling."

  • VERONA, Italy Oct 19- A global deal to cut oil output has not led to a breakthrough on high inventory levels, while an expected rise in U.S. shale oil output may destabilise the market in 2018, the head of Russia's Rosneft, Igor Sechin, said on Thursday. The Organization of the Petroleum Exporting Countries and other leading global oil producers led by Russia have...

  • *OPEC expected to extend supply cuts through next year. LONDON, Oct 19- Oil prices slipped on Thursday but held onto most recent gains, supported by OPEC- led supply cuts, tension in the Middle East and lower U.S. production. "OPEC is expected to roll over output restrictions for another nine months, supplies are at risk in the Middle East and U.S. inventories are falling."

  • LONDON, Oct 19- Efforts by global oil producers to curb production are helping to speed up the balancing of the crude market, OPEC's secretary-general said on Thursday. "There is no doubt that this market is rebalancing at an accelerating pace," Mohammad Barkindo said in a speech at the Oil& Money conference in London. Producers from OPEC as well as a group of non- OPEC...

  • BRUSSELS— The Latest on the Brexit talks between the European Union and the U.K.:. May used a dinner at a Brussels summit of the 28- nation bloc to push her call for urgency on trade talks and her promise to treat EU residents well once Britain leaves the EU. EU officials have become increasingly impatient about a lack of detailed plans from Britain.

  • European Council President Donald Tusk is ruling out any European Union role in the dispute between Spain and Catalonia as Madrid weighs whether to reclaim some powers from the regional government amid an independence dispute. Tusk said "there is no hiding that the situation in Spain is concerning. The head of the European Parliament has warned that if...

  • *OPEC expected to extend supply cuts next year. LONDON, Oct 19- Oil prices steadied on Thursday, holding onto most recent gains, supported by OPEC- led supply cuts, tension in the Middle East and lower U.S. production. "OPEC is expected to roll over output restrictions for another nine months, supplies are at risk in the Middle East and U.S. inventories are falling."

  • *OPEC expected to extend supply cuts next year. SINGAPORE, Oct 19- Oil prices were stable on Thursday, supported by ongoing OPEC- led supply cuts, tensions in the Middle East and lower U.S. production due to hurricane-enforced closures. Analysts said there was also a risk to supply from political instability in areas ranging from the Middle East to South America.

  • *OPEC expected to extend supply cuts next year. SINGAPORE, Oct 19- Oil prices were stable on Thursday, supported by ongoing OPEC- led supply cuts, tensions in the Middle East and lower U.S. production due to hurricane-enforced closures. "The' Fragile Five' petrostates- Iran, Iraq, Libya, Nigeria and Venezuela- continue to see supply disruption potential, with northern...

  • BRUSSELS— British Prime Minister Theresa May headed to a European Union summit Thursday with a pledge to treat EU residents well once Britain leaves the bloc— the latest attempt to reinvigorate the lifeless divorce negotiations. With less than 18 months to go until Britain leaves the bloc, the negotiations so far have become stuck on the terms of its departure.

  • *OPEC expected to extend supply cuts next year. SINGAPORE, Oct 19- Oil prices were firm on Thursday, supported by ongoing supply cuts led by OPEC, tensions in the Middle East and lower production in the United States as a result of hurricane-enforced closures. Beyond the drop in U.S. production and tensions in Iraq and between the United States and Iran, analysts...

  • LONDON— British Prime Minister Theresa May has denied treating European Union citizens in Britain as bargaining chips in Brexit negotiations. Talks between EU and British negotiators have stalled over several issues, including the future status of the 3 million EU citizens in Britain and the 1 million Britons in other EU countries. She says Britain and the EU...

  • BRUSSELS, Oct 18- French President Emmanuel Macron has succeeded in pushing trade onto the agenda of the European Union summit which starts on Thursday, calling for caution in commercial deals that would bring a surge of beef and other agricultural imports. Macron said last week that France was in no hurry to a deal with the Mercosur bloc of Argentina, Brazil,...