Tuesday, October 7, 2025

Commodities pull down European shares; UK defence stocks rise

Britain's top share index fell back on Monday, pulled lower by weak retail stocks and commodities companies after metals prices touched multi-year lows on...

Saudi Arabia orders 5% cut in contract spending

Saudi Arabia's government, its finances strained by low oil prices, is opening a fresh austerity drive by ordering ministries to cut their spending on...

Oil falls 3 percent on swelling oversupply

Oil prices fell 3 percent on Monday as Iraq announced record-high oil production feeding into a heavily oversupplied market, wiping out much of the...

Kuwait oil strike enters day 3, some output restored

A strike by oil workers that has slashed Kuwait's output entered its third day on Tuesday but the state oil firm said it had...

IMF cuts Eurozone growth forecast after Brexit

The IMF cut its growth forecast for the eurozone on Friday, citing the fallout from Britain's shock vote to leave the European Union. The IMF...

Apple Watch to launch in Saudi Arabia and UAE 22 October

https://www.youtube.com/watch?v=LHdVkPrdRYg Apple Watch will be available to buy in Saudi Arabia and the United Arab Emirates on 22 October 2015. Mac Rumours reports that the Apple Watch...

Oil slip on Saudi comments

World oil prices dipped Monday as Saudi Arabia cast doubt on whether a key producers meeting would reach an agreement to freeze output to...

Iraq preparing to push ISIS away from oil region

Kurdish Peshmerga forces, an Iran-backed Shi'ite militia and Iraq's army will launch an offensive soon to push Islamic State fighters away from the northern...

OPEC November oil output rises, led by Saudi Arabia and Iraq

OPEC oil output has risen in November from the previous month, a Reuters survey found on Monday, led by a rebound in Iraqi exports...

Saudi pricing shows oil volatility in action amid oversupply

Saudi Arabia's decision to lower prices for oil loading in November shows that the battle for market share in an over-supplied Asian crude market...

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