Category: World Business
Oil edged higher toward 73 dollars a barrel on Friday, supported by real and threatened supply disruptions in the Middle East and heading for a weekly gain. U.S. sanctions on Iran have cut the OPEC ...
Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland were fined a combined 1.07 billion Euros (1.2 billion dollars) by the European Union on Thursday for rigging the multi-trillion dollar foreign exchange market. The ...
Sahara Energy Resources DMCC Dubai and Brooge Petroleum and Gas Investment Company (BPGIC) have signed a partnership agreement to set up an oil refinery capable of producing bunker fuel with a capacity of up to ...
China on Monday said it would adjust tariffs on a revised target list of 60 billion dollars worth of U.S. imports, the finance ministry said in a statement. Also with additional rates of 20 per ...
Syria received its first foreign oil supplies for six months recently, with the arrival of two shipments including one from Iran, a source familiar with Iranian oil shipments said, easing the war-torn country’s fuel crisis. ...
The United States on Friday escalated a tariff war with China by hiking levies to 25 per cent for 200 billion dollars worth of Chinese goods in the midst of last-ditch talks to rescue a ...
The London Metal Exchange (LME) has appointed Standard Chartered and ConocoPhillips board member Gay Huey Evans as its new chairwoman, the first in its 142-year history. Evans, who is also on the board of Itau ...
Hackers stole over 40 million dollars in bitcoins from one of the world’s largest cryptocurrency exchanges, the company said in a statement on Wednesday. Binance founder Changpeng Zhao said the theft of 7,000 bitcoins occurred ...
Saudi Arabia’s oil output may edge up in June, sources familiar with the kingdom’s policy said but the extra crude may be used for domestic power generation rather than providing the boost to exports that ...
Oil prices dipped on Friday, paving the way for a weekly decline as surging U.S. output was expected to start hitting global markets soon. Brent crude oil futures were at 70.49 dollars per barrel at ...
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