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World Economy International Organizations

  • ZURICH, Sept 23- Roche immunotherapy Tecentriq has won European Union approval for treating advanced lung and bladder cancer, the Swiss drugmaker said. The European Commission approved Tecentriq, also known as atezolizumab, as a monotherapy for locally advanced or metastatic non-small cell lung cancer after patients have been treated with chemotherapy.

  • NEW YORK, Sept 22- Oil prices ended nearly 1 percent higher on Friday, close to their highest levels in months, as major producers meeting in Vienna said they may wait until January before deciding whether to extend output curbs beyond the first quarter. Other ministers said a decision on extending cuts could be taken in November when OPEC holds its next formal...

  • PARIS, Sept 22- French President Emmanuel Macron will announce his proposals for European Union reforms in a speech at the Paris-Sorbonne University on Tuesday, his office said on Friday. Macron has said he would make proposals on about 10 issues including strengthening the economic and monetary union, deepening European defence, reinforcing migration...

  • NEW YORK, Sept 22- Mexican Foreign Minister Luis Videgaray said on Friday that investors were growing optimistic about a favorable outcome to talks to revamp the North American Free Trade Agreement, even as he suggested that Mexico could bounce back if the negotiations collapse. "People are starting to understand that there could be life after NAFTA if the U.S....

  • NEW YORK, Sept 22- Mexican Foreign Minister Luis Videgaray said on Friday that investors were growing optimistic about a favorable outcome to talks to revamp the North American Free Trade Agreement, even as he suggested that Mexico could bounce back if the negotiations collapse.

  • NEW YORK, Sept 22- Oil prices were mixed on Friday, hovering close to their highest levels in months, as major producers may wait until January before deciding whether to extend their output curbs beyond the first quarter. After the Organization of the Petroleum Exporting Countries and major producers finished their meeting in Vienna, Russia's energy minister...

  • NEW YORK, Sept 22- Oil prices were mixed on Friday, hovering close to their highest levels in months, as major producers may wait until January before deciding whether to extend their output curbs beyond the first quarter. By 11:47 a.m. ET, Brent crude was up 14 cents, or 0.3 percent, at $56.57 a barrel, after hitting $56.87, its highest since March.

  • *Conditions in the oil market will dictate whether the OPEC/ non- OPEC production cut agreement, which expires in March 2108, will need extending, Algerian Energy Ministry Mustapha Guitouni told Reuters in an interview in Vienna on Friday. *Asked if OPEC will look at extending the deal in its next regular meeting in Vienna in November, he said: "I can't tell you that.

  • VIENNA, Sept 22- Nigeria is pumping less than 1.8 million barrels per day of crude, its oil minister said on Friday, meaning the country is sticking to an output cap agreed under an OPEC- led deal to limit output. But, with production recovering, OPEC ministers agreed in July Nigeria would cap output at 1.8 million bpd. "The average is about 1.69 million bpd and it is...

  • *OPEC- led supply pact due to expire in March. OPEC and its allies have been considering extending the deal beyond the end of March. Russian Energy Minister Alexander Novak said OPEC and other oil producers would not take a decision until January, while other ministers suggested a decision could come this year.

  • VIENNA, Sept 22- OPEC and other oil producers are clearing a glut that has weighed on crude prices for three years and may wait until January before deciding whether to extend their output curbs beyond the first quarter of 2018, ministers said on Friday. OPEC and its allies have been considering extending the deal beyond the end of March when it is due to expire.

  • WASHINGTON, Sept 22- Seeking to bolster its case for tougher rules of origin in the North American Free Trade Agreement, the Trump administration released a new study on Friday that shows U.S. value-added content is declining for manufactured goods imported from Mexico and Canada. Commerce Secretary Wilbur Ross has frequently criticized NAFTA's rules of...

  • VIENNA, Sept 22- OPEC and other oil producers will not take a decision until January on whether to extend their pact to curb oil production, Russia's Energy Minister Alexander Novak said on Friday. "I believe that January is the earliest date when we can actually, credibly speak about the state of the market," he said after he was asked when a decision on extending the...

  • VIENNA, Sept 22- Output cuts by OPEC and other oil producers are clearing a supply glut that has weighed on crude prices for three years, ministers said at a meeting on Friday to review the pact that expires in March 2018. The Organization of the Petroleum Exporting Countries, Russia and several other producers have cut production by about 1.8 million barrels per...

  • *OPEC- led supply pact due to expire in March. Some ministers from the Organization of the Petroleum Exporting Countries, Russia and other producers were meeting in Vienna to discuss their deal to cut supplies that runs to March. Ministers said they would discuss extending the pact, although two OPEC sources said the group was unlikely to make a specific...

  • VIENNA, Sept 22- Output cuts by OPEC and other oil producers are clearing a supply glut that has depressed crude prices for three years, ministers said on Friday, suggesting they could extend cooperation well into 2018.. Ministers on a panel monitoring the pact, comprising Kuwait, Venezuela and Algeria, plus non-OPEC Russia and Oman, were meeting in Vienna after...

  • Negotiators from Canada, Mexico and the United States will gather in Ottawa on Saturday for the third round of talks on modernizing the North American Free Trade Agreement with many tough items yet to be broached. Canada last month suggested it could walk away if the United States pushed to remove a key dispute-settlement mechanism. The United States accounts...

  • London, Sept 22- Oil prices were marginally firmer on Friday, as the market waited to see whether major producers meeting in Vienna would back an extension to output cuts beyond March next year. Some ministers from the Organization of the Petroleum Exporting Countries and from other producers led by Russia are set to discuss a possible extension to the current...

  • LONDON, Sept 22- Central banks are in danger of falling into a "debt trap" where they can't take needed action for fear of triggering defaults and economic turmoil, a senior Bank for International Settlements official said on Friday. In a speech in London, Claudio Borio, the head of the monetary and economic department at the central bank umbrella group, said it may be...

  • LONDON, Sept 22- Central banks are in danger of falling into a "debt trap" where they can't take needed action for fear of triggering defaults and economic turmoil, a senior Bank for International Settlements official said on Friday. In a speech in London, Claudio Borio, the head of the monetary and economic department at the central bank umbrella group, said it may be...