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Venezuela pressures foreign partners on oil venture commitments: sources

Foreign partners of Venezuela's PDVSA are facing pressure from the state-run oil firm to publicly declare whether they will continue as minority stakeholders in Orinoco Belt projects following U.S. sanctions, three people familiar with the matter said......»»

Category: topSource: reutersFeb 11th, 2019

Exclusive: Venezuela"s self-declared president Guaido to nominate own Citgo board - sources

Advisers to Venezuela's self-declared president Juan Guaido have proposed he appoint six executives to a transitional board for U.S. refiner Citgo Petroleum Corp, Venezuela's most important foreign asset, four people close to the talks said......»»

Category: topSource: reutersFeb 12th, 2019

Door opens for UBS to take majority ownership of China JV

UBS Group AG may have moved a step closer towards becoming the first foreign bank to hold majority ownership of its Chinese investment banking operations, after two of its joint venture partners said they had put their stakes up for sale......»»

Category: topSource: reutersOct 12th, 2018

Exclusive: Shell seeks to sell Venezuela JV stake to France"s Maurel & Prom - sources

Royal Dutch Shell Plc is negotiating the sale of its stake in a Venezuelan oil joint venture to Paris-based Maurel & Prom , three sources said this week, a move to scale down its crude business in the ailing OPEC-member country to focus on gas......»»

Category: topSource: reutersOct 11th, 2018

Lady Gaga wins backing for cosmetics company

Gaga, oh, la la! A top Silicon Valley venture capital firm known for successful consumer startups is backing Lady Gaga’s soon-to-be-launched cosmetic company, sources say.  Recode reports that Lightspeed Venture Partners, the investment firm t.....»»

Category: topSource: bizjournalsJul 13th, 2018

China Lifts Cap on Foreign Auto JVs: Will US Carmakers Gain?

It needs to be seen if U.S. carmakers operating in China decide to buy out their joint venture partners in that country. Dispelling trade war fears, China, on Tuesday, announced that it will remove the cap.....»»

Category: personnelSource: nytApr 18th, 2018

Maduro Reveals Secret Meetings With Trump Administration: AP

Venezuelan President Nicolas Maduro told AP on Thursday that his foreign minister has held secret talks in New York with the US special envoy to Venezuela, Elliott Abrams, and predicted he would remain in power despite a global campai.....»»

Category: blogSource: zerohedgeFeb 15th, 2019

Canadian Oil Producers Miss U.S. Opportunity

U.S. sanctions on Venezuela have Gulf Coast refiners scrambling to find new sources for the dense crude oil they need to make fuel, but Canadian producers are finding the opportunity too expensive to exploit......»»

Category: smallbizSource: wsjFeb 15th, 2019

Venezuela"s Maduro Government Forms U.N. Coalition Against Foreign Interference

Venezuela said it was forming a coalition that defends the sovereignty of nations against foreign interference......»»

Category: topSource: wsjFeb 15th, 2019

Exclusive: Volkswagen, Ford far apart on investment in Ford autonomous unit - sources

Partners Volkswagen AG and Ford Motor Co are at odds over how much the German automaker will invest in the No. 2 U.S. automaker's self-driving ve.....»»

Category: topSource: reutersFeb 13th, 2019

U.S. military intervention in Venezuela "not an option": lawmaker

Congress will not support U.S. military intervention in Venezuela despite hints by President Donald Trump that such action had not been ruled out, the Democratic chairman of the House Foreign Affairs Committee said on Wednesday......»»

Category: topSource: reutersFeb 13th, 2019

Venezuelan Opposition Receives First Blocked Aid Shipments In Defiance Of Maduro

As part of the continued jostling over the contentious issue of the US intent to deliver foreign aid to Venezuela, which embattled president Nicolas Maduro has controversially banned — going so far as to post troops along po.....»»

Category: blogSource: zerohedgeFeb 13th, 2019

Exclusive: Venezuela shifts oil ventures" accounts to Russian bank - document, sources

Venezuela's state-run oil company PDVSA is telling customers of its oil joint ventures to deposit sales proceeds at an account it recently opened at Russia's Gazprombank AO, according to sources and an internal document seen by Reuters on Saturday......»»

Category: topSource: reutersFeb 9th, 2019

Exclusive: Venezuela moves to replace U.S. executives on Citgo board - sources

Venezuelan state-run oil company PDVSA is taking steps to remove at least two American executives from the board of directors at its U.S. subsidiary, Citgo Petroleum Corp, according to people close to the matter......»»

Category: topSource: reutersFeb 9th, 2019

How Chrystia Freeland Organized Donald Trump"s Coup In Venezuela

Authored by Eric Zuesse via The Strategic Culture Foundation, On Monday, February 5th, Canadian Foreign Minister Chrystia Freeland announced that the 14 countries of the Lima Group — who had actually formed th.....»»

Category: blogSource: zerohedgeFeb 8th, 2019

Exclusive: Billionaire Penny Pritzker Joins Forces With Alexa von Tobel to Raise New $200M Fund

The duo will raise an early-stage venture capital fund called Inspired Capital Partners.....»»

Category: europeSource: fortuneFeb 8th, 2019

Investors in Cuba wary of impact from U.S. threats, Venezuela crisis

Some foreign businesses in Cuba are scrambling to defend their interests while others are rethinking the risk as the Trump administration bears down on Venezuela and Cuba, according to a dozen experts, diplomats and businessmen......»»

Category: topSource: moneycentralFeb 7th, 2019

Development partners join $400M University Place initiative

Circle Squared Alternative Investments and an affiliate of The PRC Group of Companies have entered into a joint venture partnership for the construction of a 132,000 s/f residential building in Jersey Cit.....»»

Category: realestateSource: realestateweeklyFeb 7th, 2019

OPEC"s oil exports to U.S. fall to five-year low in January

Less foreign oil is reaching American shores, as OPEC production cuts kick in and U.S. sanctions on Venezuela curb its exports......»»

Category: topSource: moneycentralFeb 5th, 2019

Watch Congressional Members Get Confronted On US-Led Regime Change Efforts In Venezuela

Is Congress attempting to keep a check on the executive's foreign policy adventurism especially as we inch closer toward yet another unnecessary military intervention, this time in Venezuela? Or perhaps the better question is, when has .....»»

Category: blogSource: zerohedgeFeb 5th, 2019

Merger partners need to look closer to home to win over EU regulators

As Siemens and Alstom face EU rejection of their plan to create a European rail champion to fight foreign rivals, the lesson for other companies is to play up the domestic benefits of their merger deals and be prepared to sell assets......»»

Category: topSource: reutersFeb 4th, 2019