Bloomberg The decline of Angola, from being Africa’s top crude producer five years ago to barely pumping more than war-torn Libya, shows the heavy toll of a slump in oil-industry investment. The nation’s production has fallen by more than a third since 2015, when international oil companies started slashing investment in response to a plunge in crude prices. Despite government …

RIYADH / WAM The Coalition to Restore Legitimacy in Yemen intercepted and destroyed of Bomb-Laden UAV launched by terrorist, Houthi Militia towards Khamis Mushait, Kingdom of Saudi Arabia, reported the SPA. The Official Spokesman of the Coalition to Restore Legitimacy in Yemen Brigadier General Turki Al-Malki, said, “Joint Coalition Forces have intercepted and destroyed a bomb-laden UAV launched systematically and …

Bloomberg Boeing Co has agreed to pay $6.6 million in penalties to US regulators after failing to comply with a 2015 agreement to improve its safety processes. The Federal Aviation Administration (FAA) announced the penalties in a press release. The company agreed to pay $5.4 million to settle earlier cases brought against the company and another $1.21 million for two …