Chevrons StrikeHit Australia LNG Facility Resumes Full Production

No changes to scheduled LNG deliveries, Chevron says LNG exports continued over the weekend LSEG Eikon Strikes extended until midOct SYDNEY, Sept 18 Reuters Chevron said on Monday full production had resumed at its strikehit Wheatstone liquefied natural gas LNG facility in Western Australia after a fault last week cut production by about onefifth. Wheatstone and […]
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Oil Climbs on Supply Concerns, Recovery in China Demand

SINGAPORE, Sept 18 Reuters Oil prices rose for a third straight session on Monday, buoyed by forecasts of a widening supply deficit in the fourth quarter after Saudi Arabia and Russia extended cuts and by optimism about a recovery in demand in China. Brent crude futures rose 71 cents, or 0.8, to 94.64 a barrel […]
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Novartis Shareholders Vote in Favour of Sandoz SpinOff

FRANKFURT, Sept 15 Reuters Novartis shareholders on Friday voted in favour of spinning off the Swiss company39;s genericdrugs business Sandoz, with investors holding 99.7 of the represented capital supporting the complete separation. Ahead of the vote at the extraordinary general meeting, Sandoz CEO Richard Saynor said the new company is eyeing the launch of at least […]
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ZAR Slips ahead of CPI Data, Rate Decision next Week

JOHANNESBURG, Sept 15 Reuters South Africa39;s rand edged lower against the dollar on Friday, weighed down by a worsening power crisis, ahead of local inflation figures and an interest rate decision next week. At 1538 GMT, the rand traded at 19.0550 against the dollar, over 0.1 weaker than its previous close. While state power utility […]
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