Category: World Business
Oil prices rose on Tuesday after Washington imposed sanctions on Venezuelan state-owned oil firm PDVSA a step that may curb the OPEC member’s crude exports to the United States. Despite the move, which comes as ...
Dollar-denominated bonds issued by Venezuela’s PDVSA came under pressure on Tuesday after Washington imposed sweeping sanctions on the country’s state-owned oil firm, while sovereign debt chalked up small gains. The PDVSA 2026 bond slipped one ...
Asian stocks advanced on Monday as Wall Street rallied after a deal was announced to reopen the U.S. government, following a prolonged shutdown that had taken a toll on investor sentiment. MSCI’s broadest index of ...
South Korea’s presidential office said on Monday that Qatar’s energy minister outlined plans during a bilateral summit for Doha to order 60 new liquefied natural gas (LNG) carriers. The energy minister, Saad Sherida Al-Kaabi, who ...
State-owned Saudi Aramco plans to invest up to $1.6 billion for a nearly 20 per cent stake in South Korean refiner Hyundai Oilbank, expanding its foothold in one of its biggest Asian buyers of crude ...
The Saudi Arabian Government on Monday said it will spend 100 billion riyals (about $27 billion) in 2019 and 2020 as part of its industrial development programme. Aabed Abdullah al-Saadoun, the Saudi deputy Minister of ...
Toyota Motor Corp. aims to raise vehicle sales in China by eight per cent to 1.6 million this year, the Japanese automaker said on Friday. Toyota sold 1.47 million vehicles in China last year, up ...
South Africa’s agricultural industry body AgriSA says it will approach banks, agribusiness and government to raise 3 billion rand ($220 million) to help farmers hit by severe drought. The agency’s Executive Director, Omri van Zyl, ...
Asian shares stumbled and oil prices fell on Tuesday as pessimism about world growth drove investors away from risky assets, while sterling ticked lower in the face of the latest twists and turns in the ...
Amid increasing signs of China’s industrial slowdown in 2019, data this week showing record oil and natural gas imports likely indicates a country at peak energy growth with its thirst set to wane as the ...
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