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S Arabia, Russia discuss stability of oil markets

CAIRO, Oct 08 (Reuters): The Saudi Arabia energy minister discussed on Monday with the Russian minister of economic development cooperation in energy and the stability of global markets, Saudi state news agency (SPA) reported.Prince Abdulaziz bin Salman discussed with Russia's Maxim Oreshkin "the role of the two countries in the...

Southwest pilots sue Boeing over 737 MAX

WASHINGTON, Oct 08 (AFP): Pilots from Texas-based Southwest Airlines said Monday they had filed a lawsuit against Boeing, accusing it of "deliberately misleading" them over the 737 MAX, which has been grounded after two deadly crashes.Nearly 350 people died in crashes in Indonesia in October 2018 and in Ethiopia in...

WeWork's financing lifeline hinges on SoftBank talks

NEW YORK, Oct 08 (Reuters): WeWork is locked in negotiations this week with its largest shareholder, Softbank Group Corp, over a new $1 billion investment to enable the shared office space company to go through a major restructuring, according to sources familiar with discussions.If the talks are successful, WeWork, which...

EU finance commissioner pledges to regulate digital currencies

BRUSSELS, Oct 08 (Reuters): The European Union's finance commissioner pledged on Tuesday, if he is reappointed, to propose new rules to regulate virtual currencies such as Libra, the currency Facebook plans to launch.Valdis Dombrovskis has resisted regulating digital currencies and making systemic changes to tackle money-laundering in the five years...

KSA welcomes 24,000 tourists in 10 days

RIYADH, Oct 08 (AFP): The Kingdom of Saudi Arabia (KSA) welcomed 24,000 tourists in the 10 days after it issued tourism visas for the first time, state television reported on Tuesday.Saudi Arabia announced on September 27 it would start offering tourist visas, opening up the kingdom to holidaymakers as part...

China Int'l commodities fair from October 21

YIWU, Oct 08 (BSW): The 25th China Yiwu International Commodities (Standards) Fair (Yiwu Fair 2019) will open on October 21-25, 2019 in Yiwu - the largest small commodity wholesale market in China. With 3,600 booths, Yiwu Fair 2019 will exhibit in nine major categories, and expect 150,000 visitors from 200+...