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Paris / AFP The lack of investment in new oil projects risks creating a …
Read More »Investment penury risks new oil shock: IEA
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‘Red Sea ‘megacity’ an example for Saudi reforms’
Riyadh / AFP As Saudi Arabia seeks to diversify its oil-dependent economy, the chief …
Read More »Libya plans to nearly double oil output next year
Bloomberg OPEC’s Libya plans to almost double crude production next year even as the …
Read More »IMF urges further Kuwait subsidy reforms
Kuwait City / AFP Kuwait must enact further subsidy reforms to trim its budget …
Read More »Siemens CEO says Saudi sales to hit $5bn by 2020
Bloomberg Siemens AG Chief Executive Officer Joe Kaeser said he expects revenue from Saudi …
Read More »China coal giant to sideline traders in push to cool costs
Bloomberg Shenhua Group Corp., China’s biggest coal producer, is seeking to limit sales of …
Read More »Wesfarmers to start $1.5 billion Australian coal sale
Bloomberg Wesfarmers Ltd., the Australian retail-to-fertilizer conglomer- ate, has kicked off a sale process …
Read More »India cotton supplies dip as currency switch roils ryots
Bloomberg Cotton supplies at Indian markets dropped by more than half after Prime Minister …
Read More »Tencent’s profit climbs as WeChat lures ads, paying gamers
Bloomberg Tencent Holdings Ltd. posted a 43 percent rise in third-quarter profit that only …
Read More »Finland looks to forestry for economic revival
Äänekoski / AFP Nokia was once the motor of Finland’s economy, but since the demise …
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