Energy in America

Malaysia unveils record 2019 budget, fiscal deficit rises

Malaysia's new government has unveiled a record budget for 2019 despite battling a huge national debt, with new tax measures and increased dividends from national oil company Petronas intended to plug the country's fiscal deficit.

World stock markets rally on news of Trump-Xi talks

Asian shares advanced Friday after President Donald Trump and his Chinese counterpart Xi Jinping spoke by phone and the Chinese state media reported progress in resolving trade tensions between their two countries.

Business Highlights

___ Google employees leave work to protest treatment of women SAN FRANCISCO (AP) — Thousands of Google employees around the world walk off the job to protest what they say is the tech giant's mishandling of sexual misconduct allegations against executives.

Ex-Venezuela official pleads guilty in boost to graft probe

The former finance chief of Venezuela's state oil company has pleaded guilty to a role in helping to launder $1.2 billion stolen from the company in a high-profile case implicating President Nicolas Maduro's stepsons.

Rouhani anticipates difficult months ahead for Iranians

President Hassan Rouhani warned Iranians on Wednesday they may face more difficulties in the months ahead, after the United States imposes new sanctions on the country next week, Iran's state TV reported Wednesday.