Venezuela PdVSA Takes Steps to Speed Up Orinoco Development -Chavez
Venezuelan state oil company Petroleos de Venezuela, or PdVSA, Monday night signed accords with two other state companies intended to help speed up development of the country's Orinoco heavy oil belt and increase the country's oil production, Venezuelan President Hugo Chavez said in a televised
Stocks in Wait-and-See Mode
Asian stocks closed mixed Tuesday; European stocks are trading mostly higher, and here in the U.S. the snail's pace continues with markets set to open modestly to the upside.
MPS Rallies on Hopes for New Shareholder, Short Covering
Shares in Italy's Banca Monte dei Paschi di Siena (BMPS.MI) surged for the third consecutive day Tuesday, as speculation grew that an outside investor, possibly from the Middle East, could take a stake in the financial company despite its recent troubles.