LONDON, Mar 11 (Reuters): Oil prices rose on Monday, lifted by comments from Saudi Energy Minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June and a report showing a fall in US drilling activity.US West Texas Intermediate (WTI) crude oil futures were at $56.50 per...
Read moreBEIJING, Mar 11 (AFP): China ordered on Monday domestic airlines to suspend commercial operation of the Boeing 737 MAX 8, citing the Ethiopian Airlines crash and another deadly accident of that same model in Indonesia.Noting the "similarities" between the two accidents, China's Civil Aviation Administration said domestic airlines had until...
Read moreSEOUL, Mar 11 (AFP): North Korea recorded its worst harvest for more than a decade last year, the United Nations (UN) said recently, as natural disasters combined with its lack of arable land and inefficient agriculture to hit production.The isolated North, which is under several sets of sanctions over its...
Read moreABU DHABI, Mar 11 (Reuters): Emirates Global Aluminum unit Guinea Alumina Corp is close to securing $700 to $750 million in financing for a new bauxite project in the Republic of Guinea, EGA's chief financial officer said on Monday.CFO Danny Dweik told Reuters after the company announced its 2018 financials...
Read moreBERLIN, Mar 11 (Reuters): Plunging car production drove an unexpected drop in German industrial output in January, as the engine room of Europe's largest economy stuttered on trade tensions and unease about Brexit.A global slowdown, tariff disputes sparked by US President Donald Trump's 'America First' policies and a potentially chaotic...
Read more© 2024 - All Rights with The Financial Express
