Oil prices edge down as global growth worries threaten demand
Oil prices edged lower on Tuesday as concerns over global economic growth stoked fears over future demand. Read on Reuters
Energy
Asian shares, U.S. stock futures slip as growth worries loom
Asian shares and U.S. stock futures slipped on Tuesday amid signs of pessimism about world growth, while sterling dithered as the latest plan for Brexit appeared to come and go with no progress. Read on Reuters
In Versailles, Macron vows to reform to avoid king’s fate
President Emmanuel Macron told dozens of the world’s most powerful executives on Monday that he would not follow the path of guillotined French royals and would continue to reform the French economy despite a sometimes violent popular revolt. Read on Reuters
‘A List’ climate change firms outperform on stock market: survey
Apple, L’Oreal and Mitsubishi Electric are among more than 120 global firms which scored top marks in a ranking of corporate efforts to slow climate change. Read on Reuters
Japan firms have no plans to strengthen governance after Ghosn arrest: Reuters poll
Three-quarters of Japanese companies have no plan to create committees overseeing compensation or executive nomination, a Reuters poll found, reflecting indifference to boosting governance after the arrest of former Nissan boss Carlos Ghosn. Read on Reuters
Japan firms wary of boosting investment amid intensifying trade war: Reuters poll
Over a third of Japanese firms aim to raise capital expenditure in the fiscal year starting April, with many others worried about the impact on spending plans of a trade war between major markets China and the United States, a Reuters survey showed. Read on Reuters
US oil and gas firms are ready to spend as confidence grows, survey says
Executives in the U.S. oil and gas industry are said to be much more optimistic about growth in the sector, compared to last year. In its annual study, DNV GL, claimed that 85 percent of American executives questioned believed there were reasons to expect an increase in drilling in 2019. In the corresponding figure for 2018, the figure was 60 percent. U.S. oil and gas executives appeared to be more bullish than the global average […]
France considers bill amendment to target Huawei: Les Echos
France is considering introducing a bill amendment to empower its security and defence watchdogs to make retroactive checks to telecoms operators’ equipment once installed, targeting China’s Huawei, Les Echos newspaper reported on Monday without citing sources. Read on Reuters
IMF, CEOs sound warnings as leaders gather in Davos
The International Monetary Fund trimmed its global growth forecasts on Monday and a survey showed increasing pessimism among business chiefs as trade tensions and uncertainty loomed over the world’s biggest annual gathering of the rich and powerful. Read on Reuters
SMBC urges jetmakers to erase production snags before raising output
The head of one of the world’s largest aircraft leasing companies has told leading planemakers to “get their house in order” and wipe out manufacturing delays before pushing already record production rates to even higher levels. Read on Reuters