Mexico will not renegotiate the North American Free Trade Agreement or any other aspect of its relationship with the United States via social media or the press, the Mexican government declared Sunday.
Kezia Dugdale has resigned as the leader of the Scottish Labor, claiming it was time to pass on the baton. Ms Dugdale insisted she had not been forced to relinquish the role, despite claims supporters of Jeremy Corbyn wanted her out.
British Prime Minister Theresa May is in Japan for a round of trade and security talks. During her stay, the Mrs. May will hope to further along progress over an ambitious trade deal with Japan ready for when Britain quits the European Union.
European Commission president Jean-Claude Juncker has delivered a fresh rebuke to Theresa May over her Government’s handling of the Brexit process. He said official papers setting out the UK Government’s positions were not satisfactory and it was “crystal clear” that an “enormous amount” of issues needed to be settled before talks on a future trade deal could begin
Shared economic interests must be a priority in the Brexit negotiations, UK and German trade bodies have urged. The British Chambers of Commerce (BCC) and the Association of German Chambers of Commerce (DIHK) said uncertainty over business critical issues such as workers' rights, tax and customs arrangements needed to be tackled.
Norway's Statoil, STO and YPF announced an agreement to explore hydrocarbons in the Vaca Muerta shale. Under the terms of the agreement, Statoil will enter the Bajo del Toro license block with a 50% interest. YPF will retain a 50% share and will remain the operator.
Premier Oil has lifted its full-year production guidance as well as estimated resources at a huge oilfield it discovered off the coast of Mexico. Premier Oil, the operations of which stretch from Indonesia to the Falkland Islands, now expects 2017 production in the range of 75,000-80,000 barrels of oil equivalent per day (boepd), up from the previous forecast of 75,000 boepd, thanks to its strongly performing North Sea fields.
Brazil’s lower house of Congress approved the main text of a bill creating a market-based benchmark interest rate for state lender BNDES, in a victory for President Michel Temer. The lower house will now have to analyze three potential amendments to the bill early on Tuesday before sending the measure to a final Senate vote, speaker Rodrigo Maia told reporters.
Taking ibuprofen to ease a headache may seem like no big deal, but Danish researchers caution against overdoing it. A study in the European Heart Journal suggests that ibuprofen, one of the most popular painkillers, raises a person's risk of cardiac arrest by 31%.
Argentina’s government approved the construction of two hydroelectric dams in the southern Patagonia region province of Santa Cruz, after holding public hearings as required by the Supreme Court, according to a notice in the Official Gazette on Monday.