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RJ reduces accumulated losses, increases capital
Oct 03, 2023
AMMAN — Royal Jordanian (RJ) held an extraordinary general assembly virtually on Tuesday, headed by RJ Board of Directors Chairman Said Darwazeh. In the meeting, the general assembly decided to decrease the capital from 324,610,470 shares/dinars to 123,627,470 shares/dinars through amortising JD200.983 million from the balance of the accumulat ...
Oil industry 'central' to climate solutions — COP28 head
Oct 02, 2023
ABU DHABI — The president of the upcoming COP28 climate talks told an Abu Dhabi oil c ...
Last-gasp deal averts US government shutdown
Oct 01, 2023
WASHINGTON — The US Congress passed an 11th-hour funding bill on Saturday to keep fed ...
US government hours from shutdown, funding chaos
Sep 30, 2023
WASHINGTON — The US government on Saturday was hours from shutting down after the far right of the Republican Party scuppered final attempts ...
Oil giant Saudi Aramco announces first global LNG deal
Sep 29, 2023
RIYADH — Saudi Aramco on Thursday announced its first global investment in liquefied natural gas, part of a broader bid by the energy giant ...
TotalEnergies to raise fossil fuel production
Sep 27, 2023
PARIS — French oil and gas major TotalEnergies said on Wednesday that it would boost fossil fuel production over the next five years, a reve ...
Sudan's vital date industry struggles in war-decimated economy
Sep 26, 2023
KARIMA — The lush palm groves of Karima are a long way from Sudan's battlefields, but the war's effects are all too present, leaving farmers ...
Amazon steps up AI race with $4b Anthropic investment
Sep 25, 2023
PARIS — Amazon said on Monday it would invest up to $4 billion in AI firm Anthropic, as the online retail giant steps into an AI race domina ...
EU reduces record Intel antitrust fine to 376m euros
Sep 24, 2023
BRUSSELS — The European Commission slapped a new fine of 376 million euros ($400 million) on US chipmaker Intel on Friday after an EU court ...
In war-scarred Iraqi city, food business gives women independence
Sep 23, 2023
MOSUL — Abir Jassem is busy preparing stuffed vegetables at a kitchen in Iraq's Mosul, where after years of unrest a women-run catering serv ...
Bank of England follows Fed in pausing rate hikes
Sep 22, 2023
LONDON — The Bank of England (BoE) left its key interest rate unchanged Thursday, snapping 14 straight hikes following a shock slowdown to U ...
Agreement pertains to more than 5,600 Canadian Ford workers
Sep 20, 2023
DETROIT — The Canadian auto workers union has reached a tentative agreement with Ford, averting a strike as the labour group's US counterpar ...
Taiwan's TSMC to help train German students for semiconductor careers
Sep 19, 2023
TAICHUNG — Germany's Saxony state signed an agreement with Taiwanese chip giant TSMC on Tuesday to train German students in an effort to mee ...

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