Business

The dollar rose against the euro on Friday but pared gains late in a session that was muddied by quarter-end trading while riskier commodity-led currencies fell sharply after European inflation …

Swiss food giant Nestle said Friday it would stop purchasing palm oil from Astra Agro Lestari (AAL), an Indonesian firm whose farming practices have come under fire from activists. Nestle, …

QatarEnergy CEO and state minister for energy Saad al-Kaabi said on Thursday that skyrocketing energy prices are “weighing painfully” on the global economy, dampening support for the transition to green …

The Russian-owned operator of the TurkStream gas pipeline said on Thursday that the Netherlands had withdrawn its export licence, but it will continue gas transportation, adding that it had requested …

Oil prices were little changed during Asian trade on Friday, though headed for their first weekly gain in five weeks, underpinned by a weaker US dollar and the possibility that …

In the weeks after Russia’s invasion of Ukraine on Feb. 24, Claudio Descalzi, CEO of Italian energy major Eni (ENI.MI), embarked on a whirlwind of trips to gas suppliers in …

The financial turmoil emanating from Britain and Japan is not yet enough to prompt the US Treasury to intervene to buoy the battered pound or yen, with officials expressing no …

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the establishment of the Nigeria-Saudi Arabia Chamber of Commerce, Industry, Mines and Agriculture will deepen the relations between the …

Russia’s aviation industry will aim to go it alone without the West, using locally built parts to produce 1,000 airliners by 2030 and end a reliance on Boeing (BA.N) and …

Sterling tumbled against the dollar on Wednesday before paring some losses after the Bank of England (BOE) said it would step in to prop up the gilt market, and the …