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Saudi Arabia pledges ‘measurable’ oil supply boost
Jun 23, 2018
VIENNA — The Organisation of the Petroleum Exporting Countries (OPEC) agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi Arabia pledging a “measurable” supply boost but giving no specific numbers.OPEC had announced an OPEC-only production agreement on Friday, also without clear output targets. ...
Xiaomi lowers target as it kicks off IPO
Jun 21, 2018
HONG KONG — Chinese smartphone maker Xiaomi kicked off its initial public offering on ...
OPEC to decide on output policy on Friday
Jun 20, 2018
VIENNA — The Organisation of the Petroleum Exporting Countries (OPEC) cartel meets on ...
Dollar, yen, Swiss franc rise on latest US tariff threat
Jun 20, 2018
NEW YORK — The dollar, yen and Swiss franc rose on Tuesday as traders piled into perceived less risky currencies after US President Donald T ...
Audi boss arrested in diesel probe
Jun 18, 2018
FRANKFURT AM MAIN — Audi Chief Executive Rupert Stadler was arrested on Monday in connection with parent company Volkswagen’s (VW) “dieselga ...
Google to invest $550m in Chinese e-commerce JD.com
Jun 18, 2018
Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the US Internet giant's efforts to expand its presence in f ...
Iraq’s only Kurdish airline takes off with Europe flight
Jun 18, 2018
ERBIL, Iraq — Iraq's only Kurdish airline launched on Monday with a flight to Sweden, after years of delays because of the offensive by the ...
ECB to end bond buys but signals rate hike is distant
Jun 15, 2018
RIGA/FRANKFURT — The European Central Bank (ECB) announced on Thursday it would wrap up its unprecedented bond purchase scheme by the close ...
Judge clears AT&T-Time Warner deal
Jun 14, 2018
WASHINGTON — A US federal judge on Tuesday approved the $85 billion merger of wireless and broadband giant AT&T with media-entertainment ...
Abu-Ghazaleh receives honorary doctorate
Jun 14, 2018
AMMAN — Talal Abu-Ghazaleh, founder and chairman of Talal Abu-Ghazaleh Organisation, has received an honorary doctorate in Humane Letters fr ...
Sterling falls to five-day low as Brexit debate gets under way
Jun 12, 2018
LONDON — The pound fell to a five-day low on Tuesday, reflecting wariness among investors about a parliamentary debate under way on amendmen ...
Euro rises on the backdrop of Italy’s pledge, Canadian dollar falls after G-7
Jun 12, 2018
NEW YORK — The euro rose to a near two-week high on Monday after assurances from Italy that it would not leave the European Union calmed inv ...
Trump torpedoes G-7 effort to ease trade spat, threatens auto tariffs
Jun 11, 2018
LA MALBAIE, Quebec — US President Donald Trump on Saturday threw the G7’s efforts to show a united front into disarray after he became angry ...

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