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Exclusive: Refiner Valero seeks US approval to import Venezuelan oil -sources

Valero Energy Corp (VLO.N), the second-largest U.S. oil refiner, is seeking Washington's permission to import Venezuelan crude, according to four people close to the matter, hoping for a repeat of the approval granted to Chevron Corp (CVX.N) in November after a four-year ban.
United States Lillian Riojas Matt Spetalnick Tareck El Aissami Joe Biden Pedro Tellechea

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Google giggles at China tech's shrinking act

As an $18 trillion economy home to 1.4 billion people, China is a natural font of statistical superlatives. The country’s internet giants, however, are dwarfed by American colossi like the $1.3 trillion Google owner Alphabet . The gap is only getting larger: prompted by a historically low valuation - and years of regulatory torment - Alibaba this week unveiled plans to break into six parts, paving the way for other local conglomerates to follow. Investors are cheering, but champagne jeroboams ...
United States Thomas Shum Alibaba Jack Ma Thomson Reuters Trust Principles Reuters Breakingviews Mountain View

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