The IBT Pulse Newsletter keeps you connected to the biggest stories unfolding in the global economy.
Exxon Mobil says awarded $908 million in Venezuela dispute
By IBT Staff Reporter On
U.S. oil giant Exxon Mobil said on Sunday an arbitration panel awarded it $908 million over a contractual dispute with Venezuela, following the South American nation's 2007 nationalization of its assets.
“We would very much like Apple to come and have a base in India, they have a base in China, and China is under stress,” said Ravi Shankar Prasad, India’s minister of communications and information technology.