Russia ships rare naphtha cargo via North Sea Route to China MOSCOW: Russia is shipping a rare naphtha cargo via the North Sea Route (NSR) as Moscow seeks to increase supplies... Published 22 Aug, 2023 06:03am
Business & Finance Belgium to sell part of BNP Paribas stake for more than $2bn PARIS: Belgium is preparing the sale of a third of its 7.8% equity stake in BNP Paribas, the euro-zone’s biggest... Published 06 Mar, 2023 06:22am
Markets US natgas slides on warmer weather outlook NEW YORK: US natural gas futures dropped 7% to a near 29-month low on Tuesday, weighed down by forecasts for milder... Published 22 Feb, 2023 03:30am
Markets Europe’s revenue growth expected to slow down in Q4 LONDON: Revenue at Europe’s largest companies is expected to have risen by just 0.9% in the fourth quarter,... Published 30 Jan, 2023 05:56am
Business & Finance Boeing reports loss, but also first positive cash flow since 2018 WASHINGTON: Boeing Co losses widened for 2022 on weakness in its defence unit but the US planemaker reported its... Published 30 Jan, 2023 05:56am
Business & Finance Halliburton tops Wall Street estimates as equipment remains fully booked BENGALURU: US oilfield services firm Halliburton Co on Tuesday topped Wall Street profit estimates for its fourth... Published 30 Jan, 2023 05:56am
Business & Finance Chinese firms set for biggest earnings growth in 5 years BENGALURU: Chinese companies are expected to report their highest earnings growth in five years, Refinitiv data... Published 23 Jan, 2023 05:57am
Business & Finance Ericsson quarterly earnings miss expectations STOCKHOLM: Sweden’s Ericsson on Friday reported fourth-quarter core earnings that missed expectations for the ... Published 23 Jan, 2023 05:57am
Markets Gas starts to flow to Freeport LNG export plant in US NEW YORK: Freeport LNG’s long-shut export plant in Texas started receiving natural gas from pipelines over the ... Published 18 Jan, 2023 07:12am
Business & Finance Nigerian, Kenyan, Zambian and Ugandan currencies seen weakening NAIROBI: The Nigerian, Kenyan, Zambian and Ugandan currencies are seen weakening in the week to Thursday, due to... Published 02 Jan, 2023 05:54am
Business & Finance Russia likely to buy yuan on FX market in 2023 MOSCOW: Russia will start buying yuan on the currency market next year if oil and gas revenues meet expectations, ... Published 23 Dec, 2022 05:54am
Opinion Whoosh tests Russian IPO interest as foreign investors frozen out Corporate Russia is watching closely this week as electric scooter firm Whoosh braves Russian economic isolation ... Published 14 Dec, 2022 05:57am
Business & Finance Analysts upgrade China’s 2023 earnings projections on hopes of reopening SHANGHAI: Analysts have upgraded forecasts for Chinese corporate earnings in 2023, on expectations that its economy... Published 05 Dec, 2022 07:30am
Markets US natgas futures drop NEW YORK: US natural gas futures dropped about 5% on Tuesday on forecasts for the weather to remain mild for the ... Published 02 Nov, 2022 04:37am
Markets US natgas futures rebound in choppy trade NEW YORK: US natural gas futures rose in choppy trading on Monday, buoyed by technicals and slightly lower ... Published 13 Sep, 2022 06:12am
Print Sri Lanka asks China to defer arrival of ship after India objects COLOMBO: Sri Lanka has asked China to defer the planned visit of a Chinese survey ship to the island country after ... Updated 08 Aug, 2022 09:40am
Business & Finance Global firms warn of sluggish China demand due to lengthy Covid curbs HONG KONG: Two months into harsh COVID-19 lockdowns that have choked global supply chains, China’s economy is... Published 27 May, 2022 05:50am
Markets Spot power prices fall on expected rise in wind power supply PARIS: Spot power prices fell on Wednesday as wind generation was set to rise throughout the European region.... Published 17 Mar, 2022 04:53am
Markets US natgas futures slip to one-week low CHICAGO: U.S. natural gas futures slipped to a one-week low on Wednesday on forecasts for less cold and lower ... Published 20 Jan, 2022 04:21am
Markets VLSFO cracks SINGAPORE: Asia’s front-month crack for 0.5% very low-sulphur fuel oil (VLSFO) slipped on Tuesday as feedstock... Published 05 Jan, 2022 05:36am
Business & Finance Apple breaches $3trn market value again WASHINGTON: Apple Inc crossed $3 trillion in market value in early trading on Tuesday before slipping, after the... Published 05 Jan, 2022 05:36am
Markets Asia Distillates: Jet fuel cracks gain, cash premiums dip SINGAPORE: Asian refining margins for jet fuel rose on Wednesday, while cash premiums for the aviation fuel dropped... Published 23 Dec, 2021 04:23am
Markets Asia Distillates: Gasoil cracks rise to near 4-week high SINGAPORE: Asian refining margins for 10 ppm gasoil rose to a near four-week high on Thursday, amid ebbing Omicron... Published 10 Dec, 2021 04:29am
Markets Asia Distillates: Jet fuel cracks gain, Dec/Jan spread widens SINGAPORE: Asia’s cash premiums for jet fuel rose on Wednesday, while the prompt-month spread for aviation fuel in... Published 09 Dec, 2021 04:29am
Markets Divest brown coal or risk losing out in renewables race FRANKFURT/ DUESSELDORF: RWE risks falling behind in the fast growing and competitive renewables sector if it fails ... Published 07 Dec, 2021 06:29am
Markets US natgas extends slide as milder weather outlook prevails NEW YORK: US natural gas futures extended declines to shed 7% on Tuesday, hurtling toward their worst month in about... Published 01 Dec, 2021 03:52am
Markets Asia distillates: Gasoil cracks linger near multi-week low SINGAPORE: Asian refining margins for 10 ppm gasoil rose on Monday, but stayed within close sight of a more than... Published 30 Nov, 2021 05:23am
Markets VLSFO complex extends gains SINGAPORE: Asia’s 0.5% very low-sulphur fuel oil (VLSFO) market complex extended gains on Tuesday, boosted by a... Published 24 Nov, 2021 06:10am
Markets European stocks hit record highs after rising for sixth day PARIS: European stocks closed at a record high on Wednesday, rising for the sixth straight session, as positive... Published 18 Nov, 2021 03:58am
Markets VLSFO cash premium bid higher, crack dips SINGAPORE: Asia’s 0.5% very low-sulphur fuel oil (VLSFO) cash premium climbed on Wednesday amid firming deal ... Published 18 Nov, 2021 03:58am
