Monday, August 24, 2026

Iraq, U.S. Exim Bank to sign $3 billion agreement

The U.S. Exim Bank plans to extend Iraq a $3 billion credit line to help rebuild the country after the war with Islamic State,...

Warren Buffett says US economy weaker than he expected

Billionaire Warren Buffett says the U.S. economy appears weaker than he thought it would be as recently as last fall, but that doesn't change...

Japan is boosted as the Dollar strengthens and crude climbs almost one percent in...

Japanese stocks rallied as the dollar strengthened in holiday-thinned trade Monday, with most markets across Asia closed for the Lunar New Year holiday. A report...

Shell expects 4th Q profits to drop by at least 40 percent

Royal Dutch Shell expects its fourth quarter profits to drop by at least 40 percent to between $1.6 billion and $1.9 billion after a...

U.S. delivers 8 Black Hawks to Jordan for its anti-ISIS battle

The United States has delivered eight refurbished Black Hawk helicopters to Jordan for the kingdom's battle against Islamic State extremists. Jordan is part of a...

Saudi stocks plunge 6.9% on Sunday

-Stock markets in the petrodollar-dependent Persian Gulf tumbled Sunday to multimonth lows, spooked by sharply lower oil prices and a global equities selloff on...

World Bank approves $1.15 bln development policy loan for Egypt

The World Bank Group said its executive board approved on Tuesday a $1.15 billion development policy loan for Egypt to support the country's economic...

OPEC meeting on output freeze unlikely without Iran progress

A meeting between oil producers to discuss a global pact on freezing production is unlikely to take place in Russia on March 20, sources...

Qatar's RasGas reaches gas supply deal with France's EDF

Qatari liquefied natural gas producer RasGas has reached a deal to supply France's EDF with up to 2 million tons of the fuel annually. Government-backed...

Oil prices edge up

Oil prices edged up slightly in Asia on Tuesday after tumbling more than two percent the day before, while a weaker dollar also provided...

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