SAN FRANCISCO – Twitter Inc (TWTR.N) on Tuesday revised its strategy for fighting abusive internet “trolls,” saying it would use behavioral signals to identify harassers on the social network and then limit the visibility of their tweets. San Francisco-based Twitter, known for freewheeling discussions since it was founded in 2006, has been trying to rid […]

U.S. stocks rose on Monday on signs of easing trade tensions between the United States and China after President Donald Trump softened his stance on Chinese technology company ZTE Corp. Trump on Sunday pledged to help ZTE (000063.SZ) “get back into business, fast” nearly a month after the United States banned American companies from selling […]

U.S. oil major ConocoPhillips (COP.N) has seized products belonging to Venezuelan state oil company PDVSA [PDVSA.UL] from the Isla refinery it runs on Curacao, an island official told Reuters on Sunday. A general view shows the Isla refinery in Willemstad on the island of Curacao, April 22, 2018. REUTERS/Andres Martinez Casares Conoco has won court […]

A Curacao court has authorized ConocoPhillips (COP.N) to seize about $636 million in assets belonging to Venezuela’s state oil company PDVSA due to the 2007 nationalization of the U.S. oil major’s projects in Venezuela. The legal action was the latest in the Caribbean to enforce a $2 billion arbitration award by the International Chamber of […]

The EU is scrambling to find ways to safeguard huge business deals with Iran, amid the threat of US penalties. Washington is re-imposing strict sanctions on Iran, which were lifted under the 2015 international deal to control the country’s nuclear ambitions. On 8 May President Donald Trump denounced the deal, saying he would withdraw the […]

MOSCOW/WALLDORF, Germany – Most Western technology companies are losing ground in Russia under the weight of restrictive rules and mounting local competition. Germany’s SAP (SAPG.DE) is thriving. SAP is the clear leader in the Russian business-planning software market, supplying 53 of the top 100 Russian companies by revenue, according to a Reuters analysis of company […]

The Rhum gas field in the North Sea, which supplies 5% of the UK’s gas, is half-owned by the Iranian State Oil Company. BP, which owns the other half, is in the process of offloading its share to small North Sea specialist Serica, but that deal has not completed. BP does huge amounts of business […]

WTI at $70 on worries U.S. may pull out of nuclear deal * Dollar near 2018 high on relative strength of US growth * Resilient tech sector underpins shares * Emerging markets vulnerable to strong dollar, higher oil TOKYO, May 8 (Reuters) – Oil prices stood near their highest since late 2014 on Tuesday, ahead […]

Trump repeated his belief the existing Iran accord is ‘a horrible agreement for the United States’ US oil rose above $70 a barrel for the first time since November 2014 as traders braced for a re-imposition of US sanctions on Middle East crude producer Iran. Futures in New York and London jumped as much as […]

(SACRAMENTO) — California’s economy has surpassed that of the United Kingdom to become the world’s fifth largest, according to new federal data made public Friday. California’s gross domestic product rose by $127 billion from 2016 to 2017, surpassing $2.7 trillion, the data said. Meanwhile, the UK’s economic output slightly shrunk over that time when measured […]