Oil steady after hitting three-week high, Saudis to keep output below cap

LONDON, Feb 26 (Reuters): Oil steadied around its highest prices in three weeks on Monday, supported by comments from Saudi Arabia that it would continue to curb shipments in line with the OPEC-led effort to cut global supplies.Brent crude was last down 8.0 cents on the day at $67.23 a...

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Boeing to have 51pc stake in venture with Embraer

BRASILIA, Feb 26 (Reuters): Boeing Co will have a 51 per cent stake in a joint company currently being negotiated with Brazilian aircraft maker Embraer, O Globo newspaper columnist Lauro Jardim reported on Sunday.Boeing has agreed to a Brazilian government demand that the US company have no more than a...

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S&P Global Platts bags Asian LNG price benchmark

SINGAPORE, Feb 26 (Reuters): Asia's booming liquefied natural gas (LNG) market has seen exchanges and commodity price agencies vie to become the region's leading price benchmark.That race seems over with S&P Global Platts emerging the winner, over rivals including other price reporting agencies and exchanges.With over 70 per cent of...

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