Bloomberg The wind changed again in the oil market as Organization of Petroleum Exporting Countries (Opec) signalled it will consider a return to cutting output next year, potentially making the second production U-turn this year. With the US midterm elections over and crude futures wilting in the face of another historic shale oil surge, the cartel will discuss a change ...

DUBAI / WAM Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, met with Chiril Gaburici, Minister of Economy and Infrastructure of Moldova, and his accompanying delegation on Wednesday. During the meeting, held at the Ministry of Infrastructure Development headquarters in Dubai, the two sides discussed means of developing ties in the infrastructure development sector. Dr Al Nuaimi ...

Bloomberg SoftBank Group Corp. is planning to develop a $1.2 billion solar power plant in Saudi Arabia, according to people with knowledge of the matter. The plant, to the north of Riyadh, would generate 1.8 gigawatts of power, the people said, asking not to be identified because the plans are private. SoftBank has started preliminary talks with banks and developers ...