Browsing Category
Business
Iranian tanker seized by Indonesia is released after 4 months
An Iranian-flagged tanker seized by Indonesia in January over the suspected illegal transfer of oil has been released, an Indonesian official and Iranian state media said on Saturday.
Wisnu Pramandita, a spokesman for the Indonesian…
Read More...
Read More...
Number of female CEOs in US dwindled in 2020; median pay fell 2 percent
Most of the women running the biggest US companies saw their pay increase last year, even as the pandemic hammered the economy and many of their businesses.
Despite those gains, however, the median pay for female chief executives…
Read More...
Read More...
Iraq looks to new pier to boost oil product imports, exports
Iraq is building a new oil pier off its southern coast, financed by Japan, that’s expected to boost exports and imports of crude-derived products and increase revenue, officials said Friday.
The construction within the port of Khor…
Read More...
Read More...
French oil major Total gets green rebrand
Oil and gas group Total won more than 90 percent backing for its climate plan to gradually reduce its emissions on Friday, when shareholders also voted overwhelmingly in favor of its rebrand as TotalEnergies to mark its shift to renewable…
Read More...
Read More...
The Turkish lira reaches a new bottom
Today, the Turkish lira fell to its lowest level, influenced by fears of high inflation in the world and expectations at the local level that the central bank will cut interest rates soon.
The Turkish currency, which is the worst…
Read More...
Read More...
Saudi Central Bank allows mothers to open bank accounts for their children
The Saudi Arabian Monetary Authority (SAMA) said it will allow mothers to open bank accounts on behalf of their children, so long as they are minors.
SAMA said in a circular on its website it is keen to contribute to empowering maternal…
Read More...
Read More...
Oil tanker’s impossible voyage signals new sanction evasion ploy
The Cyprus-flagged oil tanker Berlina was drifting near the Caribbean island of Dominica earlier this year when tracking technology showed it stopping in its tracks and in two minutes turning around 180 degrees.
It was an amazingly quick…
Read More...
Read More...
Brent nears $70 on rosy US data, oil demand outlook
Oil prices pushed higher on Friday, taking Brent to near $70 a barrel as firm US economic data and expectations of a strong rebound in global fuel demand in the third quarter underpinned the market.
Brent crude futures for July gained 32…
Read More...
Read More...
Emirates boss eyes a la carte business travel and no more ‘Darth Vader’ masks
Business class passengers will be able to choose which elements of premium travel they pay for post-pandemic as the industry adapts to changing customer demand said Emirates President Sir Tim Clark.
“In the past we never had the tools to…
Read More...
Read More...
Oil steady near week high as prospect of Iran glut wanes
Oil prices rose for a third day on Tuesday, holding around one-week highs after jumping more than 3 percent the previous session as investors tempered previous expectations of an early return of oil exporter Iran to international crude…
Read More...
Read More...