LONDON, March 19 Hedge funds continue to turn more cautious on the outlook for oil prices, but the liquidation of former bullish positions is very gradual, suggesting most see price risks close to balance.
PARIS, March 19 The chief executive of French cablemaker Nexans said on Monday his departure from the company was not due to any conflict with the board and he would work for a smooth transition, helping shares pare back earlier losses.
BRUSSELS/COPENHAGEN, March 19 EU antitrust authorities are investigating whether limits placed by German grid operator TenneT on cross-border electricity capacity with Denmark breaches EU antitrust rules.
BRUSSELS, March 19 German grid company TenneT is working with the European Commission to find solutions to cross-border grid issues for which it is under antitrust investigation by Brussels, it said on Monday.
LAUNCESTON, Australia, March 19 The market narrative consuming crude oil markets currently is the interplay between supply cuts by OPEC and its allies and rising U.S. shale output, with a side helping of Chinese imports driving demand.
NEW DELHI The United States has raised concerns about the functioning of the World Trade Organisation and asked for reforms, WTO Director General Roberto Azevedo said on Monday, as global trade tensions increased.