Tag: Reuters: Money News

Indian Oil Corp has shut its only naphtha cracker and half of its Panipat refinery since early this month for maintenance, head of refineries S M Vaidya said on Tuesday. … Read More

WeWork owner The We Company is weighing slashing the valuation of its forthcoming IPO to below $20 billion, two sources said, in the latest headwind for leading shareholder SoftBank Group … Read More

The cash premium for cargoes of 380-centistoke (cst) high-sulphur fuel oil (HSFO) in Singapore climbed to a record on Tuesday, according to Reuters data.   – Reuters: Money News

Indonesia’s Corruption Eradication Commission (KPK) on Tuesday named a former managing director of the trading arm of state energy company PT Pertamina a suspect in a graft case linked to … Read More

India and Nepal officially opened South Asia’s first cross-border oil pipeline on Tuesday, a project seen as part of New Delhi’s efforts to increase its influence in the Himalayan nation … Read More

Gold dropped to a near one-month low on Tuesday to hold below the key $1,500 pivot, hit by a stronger dollar and an improved appetite for riskier assets supported by … Read More

American farmers helped elect President Donald Trump in 2016 on hopes he would shake up Washington and turn around a struggling agricultural economy, but many of his policies have actually … Read More

Southeast Asian online realtor PropertyGuru Group, whose backers include buyout firms TPG Capital and KKR, is planning an Australian IPO that could raise up to A$400 million ($275 million) this … Read More

BMW will halt production at its Oxford plant on October 31 and November 1 and is considering removing a shift there in case the United Kingdom leaves the European Union … Read More

A refinery and petrochemical project on the west coast of India will cost more than originally planned, India’s oil minister said on Tuesday.   – Reuters: Money News