LONDON/SINGAPORE, July 03 (Reuters): Oil prices rebounded slightly on Wednesday after a steep fall in the previous session as OPEC and its allies' decision to extend output cuts was not enough to counter investors' concerns about the slowing global economy.Prices were supported by widely-watched data showing a larger-than-expected drawdown in...
Read moreWASHINGTON, July 03 (Reuters): A senior US official told the Commerce Department's enforcement staff this week that China's Huawei should still be treated as blacklisted, days after US President Donald Trump sowed confusion with a vow to ease a ban on sales to the firm.Trump surprised markets on Saturday by...
Read moreBEIJING, June 03 (AFP): Beijing is set to open an eye-catching multi-billion dollar airport resembling a massive shining starfish, to accommodate soaring air traffic in China and celebrate the Communist government's 70th anniversary in power.Work on the Beijing Daxing International Airport officially ended on schedule Sunday, ready for a September...
Read moreBENGALURU, July 03 (Reuters): Gold prices rose on Wednesday on worries over global growth and as latest nominations to major central banks reinforced expectations of monetary policy easing.Spot gold was up 0.5 per cent at $1,425.70 per ounce, as of 1016 GMT, having earlier hit its highest since June 25,...
Read morePARIS, July 03 (AFP): Total on Wednesday said it had begun producing biofuel at a refinery in southern France, a project that has sparked an outcry from environmentalists and farmers over its plans to import palm oil.The site at La Mede near Marseille is a former oil refinery which has...
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