International

Friday, May 17th 2019 - 11:00 UTC
Premier Oil finances improving and so are Falklands' Sea Lion project prospects

Britain’s Premier Oil increased its 2019 production guidance on Thursday, saying output had been boosted by efficiency measures and a late sale from its now-divested Pakistan oil fields. The company said it now expects output to reach 75,000 to 80,000 barrels of oil equivalent per day (boed) this year, from up to 75,000 boed previously.
Friday, May 17th 2019 - 09:57 UTC
Falkland Islands Land Mines, how they are cleared and blown up

British Forces Network reports how a specialist de-mining team is clearing and exploding a hoard of land mines from the Falkland Islands landscape – out of more than 30,000 laid the Argentine forces during the 1982 conflict.
Friday, May 17th 2019 - 09:42 UTC
China not interested in trade talks; Beijing rekindles nationalist resilience during Korean War

China may have no interest in continuing trade negotiations with the United States now, as it sees little “sincerity” in US President Donald Trump's recent approach, according to commentaries run by state media outlets on Friday.
Friday, May 17th 2019 - 09:33 UTC
Some 58 grey whales stranded and dead off Alaska, mostly malnourished

Dozens of grey whales have been found dead along the U.S. West Coast in recent weeks and some scientists believe the cause lies far to the north, in the heated-up Arctic waters off Alaska. Fifty-eight grey whales have been found stranded and dead so far this year in sites stretching from California to Alaska, according to the National Oceanic and Atmospheric Administration (NOAA).
Friday, May 17th 2019 - 09:30 UTC
World's leading modern architect IM Pei dies aged 102

IM Pei, whose modern designs and high-profile projects made him one of the best-known and most prolific architects of the 20th century, has died, the New York Times reported on Thursday. He was 102.
Friday, May 17th 2019 - 09:29 UTC
Beijing cancels major pork order from the US; China a leading market for US hog industry

The same week United States President Donald Trump announced sweeping increases on tariffs against Chinese goods, Chinese buyers dropped orders for 3,247 metric tons of US pork - the biggest cancellation in more than a year, according to US Department of Agriculture data released on Thursday.
Friday, May 17th 2019 - 08:55 UTC
Theresa May agrees to step down in early June, says chair of the 1922 Committee

British Prime Minister Theresa May will set out a timetable for her departure in early June after the latest attempt to get her Brexit deal approved by parliament, the chairman of a powerful Conservative committee said on Thursday.
Friday, May 17th 2019 - 08:41 UTC
“Of course I'm going for it...” for Tory leadership, pledges Boris Johnson

Boris Johnson, the face of the campaign for Britain to leave the European Union, said on Thursday he will be standing as a candidate to replace Prime Minister Theresa May as Conservative leader.
Friday, May 17th 2019 - 08:14 UTC
EC fines five leading global banks €1.07bn for rigging foreign exchange markets

Five banks have been fined €1.07bn (£935m) by the European Commission after traders clubbed together to rig the foreign exchange market. Four banks in the “Banana Split” cartel - Barclays, RBS, Citigroup and JP Morgan - were fined €811m in all.
Thursday, May 16th 2019 - 14:58 UTC
Argentina does not recognize UK as a coastal state but will jointly address high seas catches in the South Atlantic

Foreign minister Jorge Faurie strongly denied in Congress on Wednesday that the Argentine government was ready to “handover” the disputed Malvinas Islands to the British, and likewise defended the current proximity policy of president Mauricio Macri administration towards the South Atlantic issue.