Oil Pares Risk-Off Decline With US Inventory Drop in Spotlight
Oil edged higher after posting the biggest loss in five weeks as traders took stock of a broad
2023-08-03 10:21
Egypt Currency Squeeze Sinks Bank Foreign Buffers to New Low
Net foreign assets held by Egypt’s commercial banks went into a record deficit in June, as a lack
2023-08-02 16:50
Gun Attack Leaves Swedish Consulate Employee Wounded in Turkey
A gunman attacked Sweden’s honorary consulate in the Turkish city of Izmir on Tuesday, leaving an employee of
2023-08-02 15:27
Oil Rises After Industry Report Points to Massive Inventory Draw
Oil resumed a rally after an industry estimate pointed to a huge drawdown in US inventories, adding to
2023-08-02 11:55
China’s Oil Demand May Have Peaked for 2023 in Blow to Bulls
China’s appetite for fuels and other oil-derived products such as plastics may have peaked for this year as
2023-08-02 10:26
Saudi Arabia Borrowing Rate Hits Record High, Hitting Businesses
A key gauge of borrowing costs in Saudi Arabia has risen to a record, potentially hitting businesses and
2023-08-01 15:18
Pakistan to Roll Over Half of $24.5 Billion Maturing Debt
Pakistan expects about half of its maturing debt in fiscal year 2024 to be rolled over, according to
2023-08-01 15:16
Aston Martin Raises £216 Million From Backers to Cut Debt
Aston Martin Lagonda Global Holdings Plc raised £216 million ($277 million) by selling new shares as the British
2023-08-01 15:15
Covestro Sees Earnings in Lower Half Amid Takeover Talks
Covestro AG said full-year profit is expected to come in at the lower half of its guidance range
2023-08-01 14:22
Oil Steadies After Biggest Monthly Advance Since Early 2022
Oil steadied after the biggest monthly advance since early 2022 as signs of a tighter global crude market
2023-08-01 08:48
Dubai’s Biggest Lender Names Asarpota CEO of Investment Bank Arm
Emirates NBD PJSC appointed Hitesh Asarpota as chief executive officer of its investment banking division, replacing Mohammad Al
2023-07-31 20:17
UAE Oil Giant Adnoc Sets Tougher Climate Targets Before COP28
The biggest oil producer in the United Arab Emirates is setting itself more ambitious emissions-reduction targets as the
2023-07-31 17:22