Falih slowly wins back OPEC for Saudis
Russian oil billionaire Vagit Alekperov isn't easily swayed, but Saudi Arabia's new Energy Minister Khalid al-Falih achieved it this week.
Intense diplomacy by the soft-spoken...
BlackBerry's results beat expectations as shares rise
BlackBerry reported quarterly results Friday that beat Wall Street expectations, even as revenue fell sharply.
Shares of the smartphone maker rose almost 4 percent in...
OECD: Go green to save the world and the world economy
The OECD urged Monday nations to step up environmental investments to ward off not only catastrophic climate change but to give the global economy...
Turkish banker gets 32 months prison in U.S. case over Iran sanctions
A U.S. judge sentenced Mehmet Hakan Atilla, a Turkish banker at Turkey's state-controlled Halkbank, to 32 months in prison on Wednesday after he was...
Kuwait freedoms make austerity drive tricky for government
A three-day strike by oil workers in Kuwait last month over pay reforms shows the government faces considerable opposition as it prepares to push...
Barca extend partnership with UNICEF to 2020
European champions Barcelona renewed a collaboration agreement with children's charity UNICEF on Thursday till 2020, which will see the Catalan giants donate two million...
Oil prices recover slightly
Oil prices rose slightly on Tuesday, with Brent prices bouncing back from 11-year lows caused largely by a global oversupply of crude.
Approaching midday in...
Oil slides after Iran snubs output freeze deal
World oil prices fell sharply on Monday after Iran reportedly announced over the weekend that it would not to join a proposed output freeze...
Iraq boosts southern ports oil export capacity to 4.6 mln bpd -statement
BAGHDAD, Oct 29 (Reuters) - Iraq has announced that it has managed to boost oil export capacity from its southern ports to 4.6 million...
Amid airport closure, Lebanon banks halt dollar withdrawals
On Monday, long queues formed outside several banks north of the capital as monthly salaries came through after two weeks of ongoing home confinement.
A...
