[ad_1] RIYADH (Reuters) – Saudi Arabia created a new ministry for industry and mineral resources, separating it from the kingdom’s colossal energy ministry, and replaced the powerful head of the royal court, in a series
Q&A: Falling rates lead to irrational investments, eventual crash – Mark Mobius
[ad_1] (Reuters) – A slide in emerging markets provides a good buying opportunity for some countries and stocks but falling interest rates will lead to irrational capital allocation and an eventual crash, said Mark Mobius,
Iranian oil tanker no longer has Turkish destination – ship tracking data
[ad_1] FILE PHOTO: A crew member takes pictures with a mobile phone on Iranian oil tanker Adrian Darya 1, previously named Grace 1, as it sits anchored after the Supreme Court of the British territory
UAE firms scout trade at Syria fair, defying U.S. pressure
[ad_1] DAMASCUS (Reuters) – A delegation of at least 40 businessmen from the United Arab Emirates attended a state-backed trade fair in Syria’s capital, defying U.S. warnings against doing business with the government and associates
Italy’s court rules in favour of Vivendi in Mediaset restructuring row
[ad_1] MILAN (Reuters) – An Italian court ruled in favour of a petition filed by French media giant Vivendi to vote against Mediaset’s reorganisation plan, the two companies said on Saturday, although the decision was
U.S. engages in threats to stop Iran oil sales to traditional clients – Zarif
[ad_1] Iranian Foreign Minister Mohammad Javad Zarif speaks at “Common Security in the Islamic World” forum in Kuala Lumpur, Malaysia August 29, 2019. REUTERS/Lai Seng Sin/File Photo DUBAI (Reuters) – Iran’s foreign minister accused the
BHP halts plan to evacuate Gulf of Mexico oil platforms as storm-threat lessens
[ad_1] HOUSTON (Reuters) – BHP on Saturday canceled a plan to evacuate some workers from two Gulf of Mexico oil platforms as Hurricane Dorian’s latest track lessened the threat to its oil production facilities. Newer
U.S. to help Poland, Ukraine disconnect from Russian gas
[ad_1] WARSAW (Reuters) – The United States, Poland and Ukraine agreed on Saturday to enhance cooperation over secure gas supplies in the region which still relies on Russia. U.S. Secretary of Energy Rick Perry speaks
Factbox: Next rounds of Trump’s tariffs on Chinese goods to hit consumers
[ad_1] (Reuters) – U.S. President Donald Trump’s next round of tariffs on Chinese imports is scheduled to take effect starting on Sunday, escalating the trade war between the world’s two largest economies with a big
Volkswagen overstated fuel economy on 98,000 U.S. vehicles, will repay consumers
[ad_1] WASHINGTON (Reuters) – Volkswagen AG (VOWG_p.DE) must forfeit greenhouse gas emissions credits and is lowering the fuel economy ratings on 98,000 vehicles after the U.S. Environmental Protection Agency said auto software overstated real-world performance.