Venezuela News
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Updated 10 minutes ago
The U.S. oil boom is moving Congress closer than it has been in more than three decades to easing the ban on exporting crude imposed after the Arab embargo.
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Updated 11 minutes ago
Venezuela’s credit rating was cut by Standard & Poor’s, which cited concern that division within President Nicolas Maduro’s administration may impair the government’s ability to shore up a sputtering economy.
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Updated 31 minutes ago
Emerging-market stocks rose a second day, led by Russian shares, as investors awaited this week’s Federal Reserve policy meeting. Turkey’s lira slumped after riot police stepped up their crackdown on protesters.
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Updated 31 minutes ago
Ford Motor Co.’s call today with Chief Financial Officer Bob Shanks on the No. 2 U.S. carmaker’s sustainability efforts showed that going green is falling into the laps of those who control purse strings at more of the world’s largest companies.
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New York gasoline strengthened after a boiler was shut on a coker unit at PBF Energy Inc.’s Delaware City, Delaware, refinery and on speculation demand for U.S. East Coast exports is growing.
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An Argentine court sentenced former President Carlos Menem to seven years in prison for smuggling weapons to Croatia during the Yugoslav civil war of the 1990s, and to Ecuador.
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The Organization of Petroleum Exporting Countries will reduce crude shipments this month as rising U.S. production dulls a seasonal increase in the nation’s imports, tanker tracker Oil Movements said.
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Updated 30 minutes ago
Cocaine seizures at Frankfurt airport have fallen by more than 50 percent in two years, providing an insight into the fallout that a ban on night flights has had at Europe’s third-busiest aviation hub.
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Ernesto Lujan, an ex-managing partner of the broker-dealer Direct Access Partners LLC, was charged with participating in an international bribery scheme involving Venezuelan bank officials.
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South Korea, Australia and Iran hold Asia’s remaining soccer World Cup qualifying spots after wins in the next-to-last round of games. Argentina’s lead in South America’s group was cut after a tie at Ecuador, and in Europe, Armenia passed Denmark with a 4-0 win in Copenhagen.
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