Market News

"Hungry" Nigeria oil hijackers slash ransom demand 8:17am EDT

PORT HARCOURT, Nigeria, May 16 (Reuters) - Gunmen who hijacked a supply ship working for U.S. energy giant Chevron in Nigeria have drastically reduced their ransom demand to 5 million naira ($42,423) from 30 million naira, security sources said on Friday.  Full Article

 
PRESS DIGEST - Canada - May 16 8:11am EDT 

TORONTO, May 16 (Reuters) - The following are top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.  Full Article 

PG&E Calif. Diablo Canyon 1 reactor at full power 8:09am EDT 

NEW YORK, May 16 (Reuters) - PG&E Corp.'s 1,122-megawatt Unit 1 at the Diablo Canyon nuclear power station in California returned to full power early Friday, the U.S. Nuclear Regulatory Commission said in a report.  Full Article 

Asian shares mostly up

May 16 - Asian shares rose cautiously Friday, led by markets in Taiwan and Korea that hit year highs.  Play Video