Standard Chartered Plc said wealthy clients’ confidential information was stolen in Singapore from a printing company, underscoring the vulnerability of global banks to attacks from hackers and thieves.
In speeches, press briefings and published commentaries, proponents of global free markets are proclaiming that a really big deal is on the table this week at the World Trade Organization meeting in Bali, Indonesia.
International oil producers are girding for carbon emission costs that may surge to almost 10 times the current prices in Europe, the world’s largest greenhouse gas market, as governments around the world step up efforts to curb climate change.
Royal Dutch Shell Plc, Europe’s biggest oil company, halted plans to build a $20 billion gas-to- liquids plant in Louisiana, citing the potential cost and uncertainty about future crude and natural gas prices.
The Organization of Petroleum Exporting Countries will increase crude shipments through late December as refiners boost purchases to meet winter heating demand, according to tanker tracker Oil Movements.
Paulo Scaroni, chief executive of Italy’s biggest oil company Eni SpA, said he had a “fairly long and warm meeting” with Iran’s petroleum minister to discuss possible future energy projects and money owed to Eni.