Nigeria's Barkindo emerges as frontrunner for OPEC boss
A Nigerian oil technocrat has emerged as frontrunner to take the top job at OPEC, with members seeing Mohammed Barkindo as what would be...
Global Muslim body urges ban on products from Israeli settlements
A global Muslim body called Monday for a ban on products from Israeli settlements in the occupied territories and pledged full support for the...
Oil prices up on geopolitical tensions sparked by Paris attacks
Oil prices climbed in Asia Monday on geopolitical tensions sparked by the deadly terror attacks in Paris, but analysts said a global crude supply...
Iran could decide fate of first global oil deal for 15 years
The fate of the first global oil deal in 15 years could be decided on Wednesday when OPEC members travel to Iran to persuade...
Nokia bid for Alcatel-Lucent opens Wednesday
An all-share offer by Finnish telecom group Nokia for its French-American rival Alcatel-Lucent will open on Wednesday, the French financial markets authority (AMF) said.
If...
Oil prices rise after Saudi Arabia cuts ties with Iran
Oil prices rose Monday on Middle East supply risks after Saudi Arabia cut diplomatic ties with Iran.
At about 1230 GMT, US benchmark West Texas...
Saudi Arabia to convert state real estate fund into bank
Saudi Arabia plans to convert a state-owned housing fund into a bank, the latest in a string of reforms to the economic policy apparatus...
Saudi Prince Alwaleed bin Talal raises stakes in Twitter
Saudi tycoon Prince Alwaleed bin Talal bin Abdulaziz al Saud and his Kingdom Holding Company announced Wednesday they have increased their stake in Twitter...
Nigeria's President Buhari to talk oil in Saudi and Qatar
President Muhammadu Buhari is to visit the Gulf for a week-long tour, with a focus on ending the global slump in oil prices that...
In Egypt, medicines disappear from shelves as dollar crisis bites
Nahed Ibrahim has scoured Egypt in vain to find a regular supply of medication to help her mother to recover from a stroke she...
