Brexit: Trade negotiations fail to agree on level playing field, fisheries, state aid – report

Reuters reports, citing EU and UK sources familiar with talks Negotiations on fisheries are “stuck” No agreement on level playing field either EU wants to prescribe joint standards in more detailed way, but UK is against it Talks failed to overcome differences over state aid Also failed to address EU demand for independent oversight body […]

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Libya Reopens Biggest Oil Field, Giving OPEC+ a New Headache

© Reuters. Libya Reopens Biggest Oil Field, Giving OPEC+ a New Headache (Bloomberg) — Libya took a major step toward reviving its battered oil industry by reopening its biggest field, presenting a new headache for OPEC+ as the alliance of major producers tries to curb global supplies. The National Oil Corp., Libya’s state energy company, […]

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Chevron says resumes arbitration over Thai gas field

© Reuters. An entrance sign at the Chevron refinery, located near the Houston Ship Channel, is seen in Pasadena BANGKOK (Reuters) – U.S. energy major Chevron Corp (NYSE:) has resumed arbitration proceedings with Thailand to resolve a dispute over who should pay for removing offshore oil and gas platforms in the Erawan gas field, the […]

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BoE seeks more level mortgage playing field for small banks

© Reuters. Outbreak of the coronavirus disease (COVID-19) in London By Huw Jones LONDON (Reuters) – The Bank of England may introduce more flexible rules on the capital that small banks must set aside against mortgage loans, to help them compete better in a sector that has long been dominated by Britain’s big lenders. Big […]

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‘Whole new business’: Farmers innovate to get food from field to plate

2/2 © Reuters. Workers check boxes of berries ready to export at a warehouse of the California-based seller of berries Driscoll’s, as the outbreak of the coronavirus disease (COVID-19) continues in Zapotlan el Grande 2/2 By Gus Trompiz, Sybille de La Hamaide and Christopher Walljasper PARIS/CHICAGO (Reuters) – From Europe to Asia and across the […]

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