producers

Apple boss Cook to tap Indian software talent during maiden visit

By Himank Sharma and Rupam Jain MUMBAI/NEW DELHI (Reuters) – Apple Inc is set to announce plans to expand its Indian software development center and build an accelerator program for local start-ups, two sources aware of the investment said on Tuesday, hours before Chief Executive Tim Cook's maiden visit. Cook, who…

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Apple boss Cook to tap Indian software talent during maiden visit

producers

Oil near six-month high as outages support

By Alex Lawler LONDON (Reuters) – Oil traded at around $49 a barrel on Tuesday within sight of a six-month high, supported by supply outages in Nigeria, Canada and other producers that are eroding a persistent glut. “Globally, there are still a lot of supply disruptions and this comes on top of natural declines,” said Olivier Jakob, oil analyst…

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Oil near six-month high as outages support

producers

Oil near six-month high as outages support

By Alex Lawler LONDON (Reuters) – Oil traded at around $49 a barrel on Tuesday within sight of a six-month high, supported by supply outages in Nigeria, Canada and other producers that are eroding a persistent glut. “Globally, there are still a lot of supply disruptions and this comes on top of natural declines,” said Olivier Jakob, oil analyst at Petromatrix. “It does bring forward the expected rebalancing in the second half.” Beside unplanned outages, supply from…

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Oil near six-month high as outages support

producers

Record highs predicted for bitcoin in 2016 as new supply halves

The reason 2016 looks set to be different is that bitcoin's price is likely to be driven in large part by similar factors to a traditional fiat currency, following the age-old principles of supply and demand. Instead of being controlled by a central bank, bitcoin relies on so-called “mining” computers that validate blocks of transactions by competing to solve mathematical

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Record highs predicted for bitcoin in 2016 as new supply halves

producers

Exclusive: Shire closer to deal to buy Baxalta – sources

By Carl O'Donnell and Pamela Barbaglia NEW YORK/LONDON (Reuters) – Drug maker Shire Plc has made a new acquisition offer for peer Baxalta International Inc that is roughly in line with the latter's valuation expectations, making a deal…

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Exclusive: Shire closer to deal to buy Baxalta – sources

producers

OPEC’s market share to shrink by 2020 as rivals keep pumping despite oil’s collapse

By Alex Lawler LONDON (Reuters) – Global demand for OPEC's crude will be lower in 2020 than next year as supply from rivals proves more resilient than expected, potentially fuelling a debate on the merits of its strategy to let prices fall to hurt…

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OPEC’s market share to shrink by 2020 as rivals keep pumping despite oil’s collapse

producers

Cognac makers ramp up U.S. efforts as China sips less

By Martinne Geller COGNAC, France (Reuters) – France's centuries-old cognac houses are raising their bets on the U.S. market with new products and campaigns to broaden the drink's

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Cognac makers ramp up U.S. efforts as China sips less