The Southeast Asian offshore natural gas assets of U.S. oil and gas producer Hess Corp, estimated to be worth as much as $5 billion, have attracted takeover interest from firms including Thailand's PTTEP PCL and Austrian energy group OMV AG, people familiar with the matter said. Hess, which has a collection of gas fields in North Malay Basin in offshore Malaysia and in the Malaysia-Thailand Joint Development Area (JDA) with 50 percent equal partner Petronas, has not yet decided whether to sell the assets, according to financial and industry sources. The interest in Hess' assets, among the few long-term and sizeable projects in the region, comes as cashed-up firms such as PTTEP are buying overseas assets, while the likes of OMV and Kuwait Foreign Petroleum Exploration Company have been scouring for acquisitions in Asia..
SINGAPORE/MOSCOW (Reuters) - Brent oil stabilised near $72 per barrel on Monday after several weeks of decline, weighed down by concerns over slowing global economic growth but supported by an expected fall in supply from Iran due to U.S. sanctions. Brent crude futures (LCOc1), a benchmark for international oil prices, were at $72.11 per barrel at 0803 GMT, up 28 cents. U.S. West Texas Intermediate (WTI) crude futures (CLc1) were up 3 cents at $65.94 per barrel.
Asian stocks are mostly higher Monday as investors welcomed signs of progress in resolving the trade dispute between the U.S. and China. The Wall Street Journal reported the countries hope to have a resolution ...
Japan's Nikkei fell on Monday as chip-related stocks weakened, tracking their U.S. peers's declines on Friday, while trading was thin as investors awaited developments from trade talks expected between the United States and China this week. After a plunge in Turkish lira lifted demand in the safe-haven yen, risk sentiment recovered in the Japanese market last week on news China and the United States will hold lower-level trade talks, raising hopes for a de-escalation in trade tensions. "There are hopes that the trade war could be resolved soon, but at the same time, it's too good to be true if the trade tension will be resolved completely before $16 billion on new U.S. tariffs on Chinese goods take effect," said Yutaka Miura, a senior technical analyst at Mizuho Securities.
Washington needs wise leaders who will be that the military is but one tool among many—one that is best used sparingly.
SHENZHEN, China/SHANGHAI (Reuters) - Larry Sloven arrived in southern China three decades ago, just as the region was taking off as the low-cost manufacturing center of the world. Since then, he has exported millions of dollars of goods, ranging from power tools to LED lights, to some of America's biggest retailers. For years, Sloven has seen profits whittled away by rising costs, tighter regulations and Chinese government policies aimed at building a more sustainable and services-oriented economy that have squeezed lower-end manufacturers.
Since then, he has exported millions of dollars of goods, ranging from power tools to LED lights, to some of America's biggest retailers. For years, Sloven has seen profits whittled away by rising costs, tighter regulations and Chinese government policies aimed at building a more sustainable and services-oriented economy that have squeezed lower-end manufacturers. Manufacturers have been feeling the squeeze as China shifts its priorities from lower-end manufacturing to high technology industries as part of a broader bid to upgrade its economy.
Tyson Fury might publicly describe himself as the greatest heavyweight to ever walk the planet but he still feels duty bound to crack America like British great Lennox Lewis. The undefeated 30-year-old will head across the Atlantic to take on Deontay Wilder before the year is out, with a November clash in Las Vegas expected to be confirmed in the next fortnight. It will be Fury's second outing in America following his seventh-round stoppage victory over Steve Cunningham in 2013 but facing 40-0 WBC champion Wilder represents an opportunity to make a far bigger impact on the US market.
Business Insider Trump can be tamed — some countries just say no when it's not in their interest to do what the United States demands. Mexico refused to build a wall on the border and Turkey is refusing to turn over an American pastor who it claims was involved in anti-government activities. Canada, Mexico, China, and Germany have generally refused to cave in to Trump's demands on trade. Or instead of countering US power, some countries prefer to exploit it for their own ends. Vladimir Putin and Kim Jong Un seemed use a tactic of "bonding" by catering to Trump's ego and penchant for spectacle. Politicians, pundits, and plenty of regular citizens love to argue about US foreign policy. These discussions
In short, this is a rival who seems to have learned from Yamamoto: don’t jab a sleeping giant, and if you do, don’t steel his resolve. Let him slumber until it’s late in the contest, and you may prevail. China may have learned the true lessons of Pearl Harbor. Let’s do the same—and get ready.
Israel has rejected a report by UN Secretary-General Antonio Guterres outlining options for strengthening the protection of Palestinians in Israeli-occupied territories. The 14-page report laid out four options, from increasing aid to the Palestinians, sending UN rights monitors and unarmed observers to deploying a military or police force under UN mandate.
Jeff Carlisle covers MLS and the U.S. national team for ESPN FC. SAN JOSE, Calif. -- Toronto FC midfielder Michael Bradley said he has "had a few conversations" with caretaker national team manager Dave Sarachan, but declined to get into whether he anticipated getting called up for the United States' upcoming friendlies. Bradley hasn't been called up to the national team since the U.S. was eliminated from qualifying for the 2018 World Cup last October, when the team sustained a stunning 2-1, final day defeat to Trinidad & Tobago. Since then, Bradley's role as captain has seen him bear the brunt of negative reaction from fans. During the away leg of last year's Eastern Conference final against