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  • MADRID, Dec 15- A U.N. climate summit closed on Sunday with major states snubbing calls for tougher action to combat global warming, prompting sharp criticism from smaller countries and environmental activists. Here are some key quotes from the final days of the COP25 summit:. Sofie Nordvik, Norway's youth delegates:.

  • BRUSSELS, Dec 15- Telenor reiterated on Sunday Huawei would be involved in building Norway's 5 G network along with Ericsson, one of several companies to continue working with the Chinese company despite U.S. pressure. Still, on Friday, the head of Telenor Norway, Petter-Boerre Furberg, told Reuters that the operator would gradually phase out the use of Huawei...

  • BRUSSELS, Dec 15- Telenor will use equipment from Huawei in building Norway's 5 G network, the telecoms operator said on Sunday, one of several companies to continue working with the Chinese company despite U.S. pressure. Huawei faces increased official scrutiny in Europe amid U.S. allegations that it poses a security threat. State-controlled Telenor on Friday...

  • Washington has agreed to suspend tariffs on $160 billion in Chinese goods due to go into effect on Dec. 15, Trump said, and cut existing tariffs to 7.5%. Neither side offered specific details on the amount of U.S. agricultural goods Beijing had agreed to buy- a key sticking point of the lengthy deal negotiations. -Trump and Beijing officials announce tariff rollback...

  • OSLO, Dec 13- Telenor has picked Sweden's Ericsson as the key technology provider for its fifth-generation telecoms network in Norway, it said on Friday, gradually removing China's Huawei after a decade of collaboration over 4 G. Fearing high-tech espionage, and battling with China over trade, the United States has pushed NATO allies such as Norway to exclude...

  • OSLO, Dec 13- Telenor has picked Sweden's Ericsson as the key technology provider for its fifth-generation telecoms network in Norway, it said on Friday, scaling back the role of China's Huawei after a decade of collaboration over 4 G.

  • SINGAPORE, Dec 13- Oil prices extended gains on Friday, scaling three-month highs as the United States and China moved closer to a resolution to the 18- month trade war between the world's two biggest economies that has raised big questions about global demand for crude. Brent futures climbed 47 cents, or 0.7%, to $64.67 a barrel by 0730 GMT, its highest since Sept. 23.

  • Britain will then go into a status-quo transition period until the end of 2020, which Johnson has said leaves ample time to negotiate a new relationship with the EU, including on trade. The EU hopes to start trade talks with Britain by March, leaving just 10 months to strike a deal and get it approved by London and the EU, including member states' parliaments.

  • *OPEC again revises forecast on balance next year. LONDON, Dec 12- Oil prices rose on Thursday, recouping some of the previous session's losses after OPEC forecast a supply deficit next year and the U.S. IEA pointed to pressure on oil prices, predicting a sharp rise in global inventories despite an agreement by OPEC and its allies to deepen output cuts as well as...

  • BRUSSELS, Dec 12- The European Union could impose tariffs on the United States and other rivals if they refuse to settle trade disputes after the crippling of the World Trade Organization. The European Commission has forged agreements with Canada and Norway to allow appeals to go before former Appellate Body members, which is allowed under WTO rules, and wants...

  • Chevron on Tuesday said it expects to take writedowns to the tune of $10 billion to $11 billion in the fourth quarter, more than half of which is related to its Appalachia gas shale assets. BP Plc said in its 2018 annual report that it determines the size of its recoverable oil and gas reserves based on a long-term Brent oil price of $75 a barrel and a Henry Hub natural...

  • The company, which gained popularity by selling video games for Atari consoles in the 1980 s, now also faces the rise of game streaming services from technology giants such as Alphabet unit Google and Apple Inc.. Newer versions of Sony Corp's PlayStation and Microsoft Corp's Xbox are expected to be unveiled next year. In an effort to counter the weak trends,...

  • *Rising non- OPEC output undermine efforts to limit supplies. "The euphoria was short lived, with an unexpected fall in exports from China highlighting the impact of the trade conflict," said ANZ Bank in a note on Tuesday. That weakness came amid fresh fronts in the trade war between Washington and Beijing that has stymied global economic growth coming up fast:...

  • *Rising non- OPEC output undermine efforts to limit supplies. "The euphoria was short lived, with an unexpected fall in exports from China highlighting the impact of the trade conflict," said ANZ Bank in a note on Tuesday. That weakness came amid fresh fronts in the trade war between Washington and Beijing that has stymied global economic growth coming up fast:...

  • *Rising non- OPEC output undermine efforts to limit supplies. "The euphoria was short lived, with an unexpected fall in exports from China highlighting the impact of the trade conflict," said ANZ Bank in a note on Tuesday. That weakness came amid fresh fronts in the trade war between Washington and Beijing that has stymied global economic growth coming up fast:...

  • GENEVA, Dec 9- The fate of the World Trade Organization's top court was effectively sealed on Monday after the United States said it would not back a proposal to allow it to continue, trade officials said, although the WTO chief vowed to find a solution. But the U.S. ambassador to the WTO, Dennis Shea, said other members had not addressed Washington's concerns about...

  • *For timeline of OPEC cuts, click. A panel of energy ministers representing the Organization of the Petroleum Exporting Countries and non- OPEC producers led by Russia recommended the deeper cut on Thursday, Russian Energy Minister Alexander Novak said. Details of the agreement and how the cuts will be distributed among producers still need to be ratified at a...

  • *For timeline of OPEC cuts, click. A panel of energy ministers representing the Organization of the Petroleum Exporting Countries and non- OPEC producers led by Russia recommended the deeper cut on Thursday, Russian Energy Minister Alexander Novak said. Details of the agreement and how the cuts will be distributed among producers still need to be ratified at...

  • *For timeline of OPEC cuts, click. VIENNA/ LONDON, Dec 5- OPEC and allies led by Russia on Thursday agreed one of the deepest output cuts this decade to prevent oversupply in a deal that will apply for an unexpectedly short period of the first three months of 2020.. On Friday, OPEC will meet with Russia and other producers, a group known as OPEC+ that accounts for more than...

  • NEW YORK, Dec 5- Oil futures were little changed on Thursday, supported by expectations that OPEC will deepen output curbs but pressured by the prospect that gas condensate will be excluded from cuts for non-member producers. A ministerial panel of key members of the Organization of the Petroleum Exporting Countries and allied producers led by Russia...