Thursday, March 12, 2026

A reduction in automobile fuel subsidies amid economic crisis in Syria

In the latest government measure to tackle a deepening economic crisis, Syria's oil and mineral resources ministry announced Saturday a reduction in automobile fuel...

Dubai's Dnata buys stake in Brazil airport services firm RM

The company that runs Dubai-based airline Emirates says it has bought a majority stake in a Brazilian firm that provides ground handling services at...

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...

Oil prices wobble as traders await OPEC

World oil prices diverged Tuesday but held below the key level of $50 per barrel, as traders eyed this week's crucial OPEC oil meeting...

A blow in the nerves of Asian markets after China Virus-outbreaks

Asian markets witnessed lower rates on Friday upon the rapid spread of a viral illness in China. The Coronavirus infection has killed at least 25...

Apple to open retail store in Singapore powered only by sun

Apple will open its first retail store in Singapore, which will also be Southeast Asia's first to be powered solely by solar energy, officials...

Paris and Riyadh strategic alliance further reinforced

French Ambassador to Saudi Arabia Bertrand Besancenot said that France and KSA have a strategic partnership that is characterized today by a new momentum....

Oil prices slightly up in Asia but gains limited

Oil prices were higher in Asia Friday, but gains were limited in a market burdened by a persistent oversupply. A continued rise in US commercial...

Davos chief: Europe, oil among worries

As leaders from the world of politics and business arrive Tuesday in droves for the start of the World Economic Forum in the Swiss...

Oil rises as Syria fighting intensifies

Crude prices rose on Friday as fighting in Syria intensified, but remained on course to end the week largely unchanged as a hurricane was...

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