5 d. ago Trump says might keep Exxon out of Venezuela after CEO called it ‘uninvestable’

US President Donald Trump said on Sunday that he might block ExxonMobil from investing in Venezuela after the oil major’s CEO called the country “uninvestable” during a White House meeting last week. Exxon CEO Darren Woods told Trump that Venezuela would need to change its laws before it could be an attractive investment opportunity, during the high-profile meeting on Friday with at least 17 other oil executives. Trump had urged the group to spend US$100 billion to revitalise Venezuela’s oil...

Politics

5 d. ago Trump says might keep Exxon out of Venezuela after CEO called country ‘uninvestable’

US President Donald Trump said on Sunday that he might block ExxonMobil from investing in Venezuela after the oil major’s CEO called the country “uninvestable” during a White House meeting last week. Exxon CEO Darren Woods told Trump that Venezuela would need to change its laws before it could be an attractive investment opportunity, during the high-profile meeting on Friday with at least 17 other oil executives. Trump had urged the group to spend US$100 billion to revitalise Venezuela’s oil...

Politics

8 d. ago Trump ‘cancelled’ second attacks on Venezuela after prisoner release, eyes oil investments

US President Donald Trump said on Friday he called off a second wave of attacks on Venezuela after the government, whose leftist president was removed by Washington, began releasing prisoners. Trump made the comments as he prepared to meet major oil corporations that he said will invest at least US$100 billion in Venezuela, which has the world’s largest oil reserves. Trump was implicitly making clear he is ready again to use force to get his way in Venezuela, which he has vowed to force to...

Events

9 d. ago CN Major Oil Firms Seek Guidance from Beijing on Venezuela Issues: Wire

CN Major Oil Firms Seek Guidance from Beijing on Venezuela Issues: Wire  AASTOCKS.com

Politics

9 d. ago China’s Top Oil Firms Turn to Beijing for Guidance on Venezuela

China’s Top Oil Firms Turn to Beijing for Guidance on Venezuela  Bloomberg.com

Politics

1 week ago Donald Trump tells Venezuelan VP Delcy Rodriguez to cooperate, or else

US President Donald Trump issued a stark warning on Sunday to Venezuela’s interim leader, Delcy Rodríguez, saying she would pay a potentially larger price than her former boss, ousted Venezuelan president Nicolas Maduro, if she does not cooperate with the United States. In the early hours of Saturday morning, US forces staged a complex raid that saw Maduro and his wife seized from their home, jailed and airlifted to New York to face trial on “narcoterrorism” and illegal weapons charges. “If she...

Politics

1 week ago China Issues Travel Warning for Venezuela Following U.S. Strikes

China Issues Travel Warning for Venezuela Following U.S. Strikes  Caixin Global

Events

2 w. ago UAE to withdraw forces from Yemen after Saudi ultimatum over Mukalla air strike

The United Arab Emirates said on Tuesday it was pulling out its remaining forces in Yemen after Saudi Arabia backed a call for UAE forces to leave the country within 24 hours, in a major crisis between the two Gulf powers and oil producers. The UAE made its announcement hours after a Saudi-led coalition air strike on the southern Yemeni port of Mukalla. The attack on what Riyadh said was a UAE-linked weapons shipment marked the most significant escalation between Riyadh and Abu Dhabi to date...

Events

3 w. ago China launches venture capital fund to lead the charge on tech investment

China has launched a national fund designed to channel state-backed money into early-stage bets on tech, a move officials said could ultimately steer trillions of yuan into preferred avenues of investment. Beijing’s National Venture Capital Guidance Fund was unveiled on Friday, at a ceremony which also introduced three investment vehicles covering major cross-regional agglomerations: the Beijing-Tianjin-Hebei cluster, the Yangtze River Delta and the Guangdong-Hong Kong-Macau Greater Bay Area. At...

Politics

3 w. ago China says it hopes firms seek lawful, balanced solutions over TikTok deal By Reuters

China says it hopes firms seek lawful, balanced solutions over TikTok deal By Reuters  Investing.com

Economics

3 w. ago China says it hopes firms seek lawful, balanced solutions over TikTok deal

China says it hopes firms seek lawful, balanced solutions over TikTok deal  Reuters

Economics