Reuters Kuwait is set to import fuel oil to use mainly in power generation for about a year following the start-up of the Clean Fuel project by 2018, the chief executive of state refiner Kuwait National Petroleum Co (KNPC) said. Fuel oil to meet the requirements of the Ministry of Electricity and Water is currently being produced from the ...

  Bloomberg As they search for a permanent exchange-rate framework, Iceland’s policy makers are finding they may disagree on some pretty fundamental issues. Power politics in the 340,000-people nation are being laid bare, as the nation’s prime minister, who heads the establishment Independence Party, and its finance minister, a former publishing executive who leads the newly created Reform Party, are ...

  Bloomberg Bombardier Inc. will defer paying more than half of last year’s planned compensation for its six most highly paid executives until 2020 as the planemaker, whose recovery was kick-started by taxpayer funds, bows to widespread indignation in its home province of Quebec. The deferred amounts will only be payable if Bombardier achieves its performance objectives, Chief Executive Officer ...