Wall St higher as little impact seen from Paris attacks
Wall Street was higher in choppy trading on Monday with investors seeing little long-term economic impact from Friday's deadly attacks in Paris.
Eight of the...
Saudi-Iran tensions disrupt oil freeze deal
A deal to freeze oil output by OPEC and non-OPEC producers fell apart on Sunday after Saudi Arabia demanded that Iran join in despite...
Asian stocks struggle as oil falters, China weakens
Asian stocks held near the day's lows on Wednesday as a relapse in oil prices and fresh drops in Chinese stocks made sentiment even...
European shares rally after China calms yuan fall
European shares bounced on Thursday after a 4 percent fall this week, tracking global equities higher on efforts by China’s central bank to slow...
BP to cut spending after 80 percent drop in profits
BP said on Tuesday it could cut capital spending further after reporting an 80 percent drop in profits in the first quarter of the...
Saudi Arabia and Egypt agree to build bridge over Red Sea
Saudi King Salman announced Friday an agreement with Egypt to build a bridge over the Red Sea connecting the two countries, on the second...
Deputy Crown Prince chairs first meeting of Supreme Council of Saudi Aramco in Jeddah
The Supreme Council of the Saudi Arabian Oil Company (Saudi Aramco) held its first meeting on Wednesday evening in Jeddah.
The meeting was chaired by...
Anid economic impact of Coronavirus, Egypt seeks aid
Egypt's Prime Minister, Mostafa Madbouli, said Sunday the country is seeking an aid package from the International Monetary Fund to offset the economic impact...
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...
Egypt's illicit currency traders defy crackdown, spread business abroad
Egypt's efforts to stamp out illicit currency trading is pushing black market dealers to carry out transactions abroad, beyond the reach of the law,...
