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US to extend waivers tied to Iran nuclear program

Us set to extend key nuclear waivers for iran copy

Bloomberg The Trump administration will renew several key waivers that allow Iran to keep operating a limited civilian nuclear program, a move that heads off a clash with European allies and Tehran over the fate of a 2015 deal that Trump abandoned last year. The US is extending five waivers the administration had previously granted allowing nations that remain in ...

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Oil advances on US jobs report

Bloomberg Oil eked out a gain as a forecast-topping US jobs report signalled a strong domestic economy to go along with the supply disruptions squeezing global crude markets. Futures in New York rose 0.2 percent, after unemployment unexpectedly fell to a 49-year low in world’s biggest econ- omy, with cooler-than-projected wage gains. Crude nonetheless recorded a loss for the week ...

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Singapore’s Hyflux in talks with Utico to secure $294mn funds

Hyflux in talks with utico to secure $294mn funds copy

Bloomberg Singapore’s Hyflux Ltd, the water and power company battling for survival, said it is in talks with Middle Eastern utility Utico FZC about securing S$400 million ($294 million) of funds, disclosing the identity of the potential investor after receiving a non-binding letter of intent. Hyflux’s legal and financial advisers are in discussions with Utico on the details of the ...

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