Total SA scaled back the expansion strategy it pursued during the past decade of high oil prices, announcing a fresh round of investment cutbacks and project delays while reducing production targets. The belt-tightening among global oil producers to protect dividends will extend into 2017 and hurt future growth. Source: Bloomberg
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Once a sign of the might of the French Socialists, the party’s grand headquarters in central Paris have been put up for sale following the electoral drubbing suffered by the leftwingers this year. The Local
Passengers were “lucky” to escape without injuries after a bus with several people on board was shot at in Malmö.
The back window of the bus was broken while driving through the Arlöv area on Thursday evening, and police are working on the theory that the shots were fired by a real weapon, not an airgun. A library and a residential home were also hit. The Local
Maine’s largest city will no longer celebrate Columbus Day as a municipal holiday. The Portland City Council voted unanimously Monday to designate the second Monday in October as Indigenous Peoples’ Day. The vote came after nearly an hour of public comment. Source pressherald