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US Continues Sanctions Break For Swedish Refiner With Venezuelan Ties

The Treasury Department's Office of Foreign Assets Control (OFAC) on Oct. 17 extended a general license exception to allow U.S. companies to continue doing business with a Swedish oil refiner that is 50% owned by Venezuela's state oil company. read more.....»»

Category: blogSource: benzingaOct 18th, 2019

US Tightens Sanctions Lasso On Rosneft Operations Handling Venezuelan Oil

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) continues to pursue Russian state-controlled Rosneft Oil Co. (OTCMKTS: RNFTF) and its overseas affiliates involved with international transactions of Venezuela oil. read more.....»»

Category: blogSource: benzingaMar 13th, 2020

Sanctions-hit refiner Nynas handed administrator by Swedish court

Nynas AB, owned by Venezuela's state-run PDVSA and Finland's Neste Oil , on Friday filed for company reorganization at a Swedish court as the refiner failed to extend loans as it dealt with the fallout of U.S. sanctions......»»

Category: topSource: reutersDec 13th, 2019

Meet The Obscure Russian Bank Helping Venezuela Defy U.S. Sanctions

A new Bloomberg report has exposed deepening Russian-Venezuelan ties as the Nicolas Maduro government attempts to thwart aggressive U.S. sanctions amidst continued economic collapse while cut off from the.....»»

Category: blogSource: zerohedgeOct 26th, 2018

Citgo formally cuts ties with Venezuela-based parent company: sources

U.S. refiner Citgo Petroleum Corp is formally cutting ties with its parent, state-run oil firm Petroleos de Venezuela SA, to meet U.S. sanctions imposed on the OPEC country, two people close to the decision told Reuters on Tuesday......»»

Category: topSource: reutersFeb 26th, 2019

U.S. sanctions four shipping firms for transporting Venezuelan oil

The U.S. Treasury Department on Tuesday said it had sanctioned four shipping firms for transporting Venezuelan oil, the latest escalation in Washington's effort to oust socialist President Nicolas Maduro by cutting off the OPEC nation's crude exports......»»

Category: topSource: reutersJun 2nd, 2020

A mutant bacterial enzyme can break down plastic for sturdy recycling in just hours

A mutant bacterial enzyme that breaks down plastic bottles for recycling in mere hours continues to be developed by Carbios, a French company behind the breakthrough......»»

Category: topSource: marketwatchApr 8th, 2020

Trump Administration Continues To Target Iranian Oil

The Treasury Department's Office of Foreign Assets Control (OFAC) has placed sanctions on five companies in the United Arab Emirates for their role in sales of embargoed Iranian oil in overseas markets. read more.....»»

Category: blogSource: benzingaMar 19th, 2020

Bid for relocation tax break continues

The advocacy group for New York's tech industry is part of a coalition of business organizations calling on the state to renew a tax credit for companies that locate jobs in the boroughs outside... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 14th, 2020

The Agenda: Buffalo company taking on the coronavirus; Airbnb shakes up hospitality industry; Big Ditch plans big expansion

MORNING LEAD We are dealing with significant changes to our daily life. The coronavirus continues to spread with more than 300 confirmed cases in New York state. Work and school schedules have been altered. Sports — often a break from the day-to-.....»»

Category: topSource: bizjournalsMar 13th, 2020

Russia"s Rosneft Still Quietly Exporting Venezuelan Oil Via Sanctions-Free Affiliate

Russia's Rosneft Still Quietly Exporting Venezuelan Oil Via Sanctions-Free Affiliate Last week's announced US sanct.....»»

Category: blogSource: zerohedgeFeb 25th, 2020

Oil up on slowing pace of coronavirus, Venezuela sanctions

Oil prices rose on Wednesday, with Brent gaining for a seventh straight day, after a slowing of new coronavirus cases in China eased demand worries and supply was curtailed by a U.S. move to cut more Venezuelan crude from the market......»»

Category: topSource: reutersFeb 19th, 2020

China"s Geely Automobile in talks on boosting ties with Volvo

China's Geely Automobile said on Monday it is in early discussions with Swedish carmaker Volvo Car AB about combining the two businesses into a global business with listings in Hong Kong and Stockholm......»»

Category: topSource: reutersFeb 10th, 2020

Iraq & Russia Look To Boost Military Ties While US Threatens Sanctions

Iraq & Russia Look To Boost Military Ties While US Threatens Sanctions In more continuing fallout over the Jan.3 assassination by drone of the IRGC's Gen. Qassem Soleimani, Iraq and Russia are preparing for deepening military coordin.....»»

Category: blogSource: zerohedgeFeb 7th, 2020

US Treasury Formalizes Channel For Continued Humanitarian Aid To Iran

While the Trump administration continues to ratchet up economic sanctions against Iran, the U.S. continues to supply humanitarian aid to Iranian citizens. 0 read more.....»»

Category: blogSource: benzingaJan 31st, 2020

EAST: Eastside Distilling expects EBITDA cash flow break even by year end 2020. Case growth continues but at a more traditional seasonal pattern with fourth quarter gross sales at close to third quarter levels.

By Ian Gilson, PhD, CFA NASDAQ:EAST READ THE FULL EAST RESEARCH REPORT read more.....»»

Category: blogSource: benzingaJan 31st, 2020

No threats to break UK intellgence ties after 5G decision: security source

There have been no threats from other countries' intelligence agencies to break ties with Britain after it announced it would grant Huawei a limited role in its 5G mobile network, a British security source said on Tuesday......»»

Category: topSource: reutersJan 28th, 2020

Dow Jones Newswires: Ericsson raises dividend as 5G momentum continues

The telecommunications equipment company reported a quarterly net profit attributable to shareholders of 4.43 billion Swedish kronor ($465 million), from a loss of SEK6.55 billion in the year-earlier period......»»

Category: topSource: marketwatchJan 24th, 2020

The US is going after Venezuela over aircraft it says endangered US military planes

Associated Press The US added to its sanctions on the Venezuelan government on Tuesday, designa.....»»

Category: topSource: businessinsiderJan 22nd, 2020

Corporate America is close to breaking its earnings recession

Earnings season is off to a strong start so far. If the trend continues, then Corporate America may break its streak of three consecutive quarters where profits dropped year-over-year -- a phenomenon that's been dubbed an earnings recession......»»

Category: topSource: moneycentralJan 17th, 2020

Exclusive: Weakened by sanctions, Venezuela"s PDVSA cedes oilfield operations to foreign firms

Venezuelan st.....»»

Category: topSource: reutersJan 3rd, 2020