International

2 weeks ago | January 7, 2020

Stocks steady, oil cools as U.S.-Iran tensions ease

LONDON – World shares steadied and oil pulled back from multi-month highs on Tuesday after dramatic post-new year ...

Global bank sees gold price spike

Moscow – Commodity strategists at US banking  giant Goldman Sachs have projected that the risks for oil prices ...

2 weeks ago | January 6, 2020

Defying gravity? What could bring U.S. stocks down to earth

NEW YORK – The U.S. stock market’s relentless drive higher has caused some nail-biting on Wall Street that the ...

1 month ago | December 19, 2019

Stocks near record highs, Sweden ends negative rates

LONDON – World stocks drifted down from the week’s record highs on Thursday, while the crown gained as Sweden’s ...

1 month ago | December 18, 2019

Oil falls as U.S. inventories rise but demand hopes stem bigger drop

LONDON – Oil prices fell on Wednesday after U.S. industry data showed a surprise build up in crude inventories but ...

1 month ago | December 17, 2019

Asian stocks ride Wall Street wave to 18-month peak, pound slips

SYDNEY – Santa came early to Asia’s stock markets on Tuesday as trade deal optimism, positive economic signals in ...

1 month ago | December 16, 2019

Stocks rise as investors cheer preliminary U.S.-China trade deal

LONDON – World stock markets rose on Monday, trading a notch below a record high hit last week on the back of a ...

1 month ago | December 12, 2019

Aramco tops Saudi Crown Prince’s $2 trillion target despite ...

DUBAI/RIYADH – Saudi Aramco topped the $2 trillion target sought by Saudi leader Crown Prince Mohammed bin Salman ...

1 month ago | December 11, 2019

European stocks slip as trade deadline looms

LONDON – European shares fell on Wednesday as the deadline approached for new U.S. tariffs on Chinese goods, while ...

Rwanda in partnership deal with Qatar to construct new ...

The Rwandan government on Monday  signed a joint venture agreement with Qatar Airways for the construction  of a new ...

1 month ago | December 10, 2019

Choppy markets leave U.S. bank bonus decisions in limbo

EW YORK – December is always a month of suspense on Wall Street, as dealmakers, traders and money managers at big ...

1 month ago | December 9, 2019

China says hopes it can reach trade agreement with U.S. as soon ...

BEIJING – China said on Monday that it hoped to make a trade deal with the United States as soon as possible, amid ...

2 months ago | December 6, 2019

Saudi, Russia look to seal deeper output cuts with oil producers

Top oil producers Saudi Arabia and Russia will seek approval for deeper output cuts from OPEC and allies on Friday in an ...

2 months ago | December 5, 2019

OPEC and allies prepare to deepen oil output cuts

VIENNA – OPEC and its allies led by Russia were moving closer on Thursday to agreeing to deeper oil supply cuts ...

2 months ago | December 4, 2019

Futures jump on report of U.S., China nearing phase-one trade deal

U.S. stock index futures shot up on Wednesday, putting Wall Street’s main indexes on course to snap a three-day losing ...

European shares attempt recovery as new trade war front opens

LONDON – European shares opened higher on Tuesday, attempting to claw their way back from three days of falls ...

2 months ago | November 25, 2019

China’s Saudi crude imports rise 76% in October on ...

BEIJING – China’s crude oil imports from Saudi Arabia rose 76.3% in October, boosted by demand from new refiners, ...

2 months ago | November 22, 2019

Dollar slips as Chinese comments marginally boost risk appetite

LONDON – The dollar was marginally down on Friday and risk appetite boosted by statements from China on the need ...

2 months ago | November 21, 2019

GM sues Fiat Chrysler, alleging union bribes cost it billions

DETROIT – General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV, ...

2 months ago | November 19, 2019

Shares push to 22-month high as trade hopes endure

LONDON – World shares touched their highest in nearly two years on Tuesday as investors maintained bets that the ...