London start-up scene weighs threat of British Techxit
Britain's tech start-up scene was having a bumper year in terms of new company creation, fresh funding and acquisitions by global tech players before...
Lagarde tells Nigerian lawmakers IMF she does not back FX curbs
International Monetary Fund chief Christine Lagarde told Nigerian lawmakers on Wednesday the Fund does not support foreign exchange restrictions and that any such measures...
Dairy industry reshaped by Asian deals as milk price lowers
The global dairy industry is being reshaped by a wave of dealmaking driven by low milk prices and growing demand for products like yoghurt...
Saudi prince to discuss reform drive in visits to China and Japan
Saudi Arabia's powerful Deputy Crown Prince Mohammed bin Salman will discuss the kingdom's drive to cut its reliance on oil exports in visits to...
Kuwaiti Emir Sheikh Sabah warns budget down 60 percent on low oil prices
Kuwait's ruler warned Tuesday his nation's revenue is down some 60 percent due to low global oil prices, urging citizens of this tiny country...
Lebanon's central bank says political deadlock hurting economy
It is essential that Lebanon's parliament meets soon to pass laws for development loans, debt issuance and banks, the central bank governor said on...
Kuwait’s finance minister submits resignation
DUBAI (Reuters) - Kuwait's Finance Minister Barak Ali Al-Shitan has submitted his resignation to the prime minister, state news agency KUNA said.
The minister has...
BP logs $1.4bn loss
BP faced another net loss in the second quarter but has now drawn a line under the 2010 Gulf of Mexico oil spill disaster,...
U.S. sues to seize $1 billion in assets tied to Malaysian state fund
U.S. prosecutors are trying to seize more than $1 billion in assets they said were tied to money stolen from the Malaysian state fund, overseen...
Oil prices fall after news of possible oilfield expansion in Saudi
Crude prices fell in Asia Monday following a report saying Saudi Arabia could maintain its total production capacity with the expansion of an oilfield,...
