Singapore / AFP Oil prices turned lower again on Monday as Iran prepared to ship its first consignment of the commodity since sanctions were lifted, reigniting worries over a global supply glut. Both main contracts had soared more than 10 percent Friday on a report that the OPEC producers’ club was open to output cuts that could drag prices up ...

Sydney / AFP A nuclear dump in an Australian state could handle 13 percent of the world’s atomic waste and prove “highly profitable” in the long term, initial findings from a high-level inquiry said on Monday. The prospect of a nuclear dump in the vast nation has proven controversial in the past. Australia has yet to decide where to store ...

Abu Dhabi / EMIRATES BUSINESS Manazel Real Estate PJSC, a leading UAE developer, on Monday announced its results for the twelve months ended 31 December 2015, the first full year results since listing on the Abu Dhabi Securities Exchange in November 2014. Strong growth in earnings reflects a robust performance for the year. Net profit grew 29% to AED 195 ...