Cnooc Ltd., China’s biggest offshore oil and gas producer, is “very confident” of meeting its annual production target, Chief Executive Officer Li Fanrong said at a shareholder meeting in Hong Kong today.
The U.S. government’s China expert for an economic espionage criminal trial copied verbatim from Wikipedia large portions of a report summarizing his proposed testimony and should be disqualified, defense attorneys said.
On Jan. 1, Latvia will adopt the euro, and its lats currency will be no more. Farewell to the bearded Krisjanis Barons, the collector of folk songs who graces the 100-latu note. The Baltic nation is shucking a piece of its heritage because its leaders predict joining Europe’s common currency zone will lead to more trade and prosperity.
European stocks advanced for a sixth week, posting their longest winning streak since August 2012, as signs emerged the Federal Reserve won’t rush to reduce the pace of its stimulus, outweighing data that showed the euro-area economic recovery is faltering.