Oil prices plummeted on Friday as global recession fears and weak oil demand, especially in China, outweighed support from a large cut to the OPEC+ supply target. Brent crude futures …
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Oil prices plummeted on Friday as global recession fears and weak oil demand, especially in China, outweighed support from a large cut to the OPEC+ supply target. Brent crude futures …
Saudi Arabia rejected as “not based on facts” statements criticising the kingdom after an OPEC+ decision last week to cut its oil production target despite U.S. objections, saying it serves …
Apple Inc (AAPL.O) will start upgrading its iPhone models in India in December to make them compatible with 5G networks, the company said on Wednesday, as Indian authorities pressed mobile …
Mercedes-Benz (MBGn.DE) and Microsoft (MSFT.O) announced a partnership on Wednesday using Microsoft Cloud for a data platform intended to improve production efficiency at over 30 passenger car plants globally, the …
Global growth is expected to slow further next year, the IMF said Tuesday, downgrading its forecasts as countries grapple with the fallout from Russia’s invasion of Ukraine, spiraling cost-of-living and …
Elon Musk’s banks, faced with huge losses on their commitment to finance the $44 billion buyout of Twitter Inc (TWTR.N), may not be able to back out of the deal …
Nissan Motor Co Ltd (7201.T) will hand over its business in Russia to a state-owned entity for 1 euro ($0.97), it said on Tuesday, taking a loss of around $687 …
The Kremlin on Sunday praised OPEC+ for agreeing production cuts that had successfully countered the “mayhem” sown by the United States in global energy markets. The OPEC+ decision to cut …
The Managing Director, and Chief Executive Officer of the Nigerian Export Promotion Council (NEPC), Ezra Yakusak, says the non-oil sector has contributed over two billion dollars to the Nigerian economy …
German sportswear giant Adidas said Friday it was reconsidering its partnership with Kanye West after the US rap star reportedly became disgruntled with how the brand was marketing his products. …
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