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World’s largest Bugatti showroom opens in Dubai

Dubai / Emirates Business The largest Bugatti showroom in the world is opening its doors on Sheikh Zayed Road in the centre of Dubai. The French super sports car manufacturer’s facility in Dubai is the 15th location in the brand’s global dealership network with the new award-winning brand design. Bugatti’s longstanding sales and service partner in the UAE is Al ...

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Jittery oil traders shore up against OPEC disappointment

LONDON / Reuters Oil traders are snapping up options to protect against another steep price drop in case OPEC and its partners fail to deliver enough of a supply cut to satisfy investors of their commitment to tackle a three-year-old surplus of unused crude. The Organization of the Petroleum Exporting Countries meets on May 25 and will discuss extending its ...

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US gas gains on potential Marcellus pipeline delay

Bloomberg US natural gas futures surged after federal regulators limited construction on a pipeline, a move that may delay new Appalachian supplies from reaching the market. Energy Transfer Partners LP is barred from new drilling along some segments of its $4.2 billion Rover pipeline, the Federal Energy Regulatory Commission said in an order posted. The move follows a request by ...

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