Tag: Oil

FILE PHOTO: Qatar Airway’s Chief Executive Officer, Akbar Al Baker speaks at the opening session of a CAPA aviation summit, in Doha, Qatar February 5, 2020. REUTERS/Ibraheem al OmariDUBAI (Reuters) – Qatar Airways Chief Executive Akbar al-Baker said on Tuesday he agreed with industry forecasts that passenger demand for air travel would not return to…

ANKARA (Reuters) – European Council President Charles Michel called on Turkey to keep working to resolve disputes with Greece and Cyprus over gas rights in the Mediterranean as he visited Ankara on Tuesday to discuss trade and refugees with President Tayyip Erdogan.Turkish President Tayyip Erdogan meets with European Council President Charles Michel and European Commission…

FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at a branch office in Bern, Switzerland October 28, 2020. REUTERS/Arnd Wiegmann/File PhotoZURICH (Reuters) – Credit Suisse on Tuesday said it was replacing senior managers, halting its share buyback programme and slashing its 2020 dividend as it grapples with the estimated 4.4 billion Swiss…

HAVANA (Reuters) – During some summers, as the Caribbean water temperatures climb, the luminous coral colonies of gold, green and blue that ring the island nation of Cuba give way to patches of skeletal white.A view of a coral colony on the coast of Havana, Cuba, March 28, 2021. REUTERS/Sarah MarshThe technicolor streaks of darting…

No results matched your search Economy2 hours ago (Apr 05, 2021 01:15PM ET) © Reuters. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County (Reuters) -Shares of Pioneer Natural Resources (NYSE:) declined more than 6% as the U.S. oil producer’s $6.4 billion acquisition of rival…

(Reuters) – Gold prices edged lower in holiday-thinned trading on Monday as robust U.S. jobs data fuelled hopes for a rapid economic recovery and bolstered global equities, denting bullion’s appeal.FILE PHOTO: Gold bullion is displayed at GoldSilver Central’s office in Singapore June 19, 2017. REUTERS/Edgar Su/File PhotoSpot gold was down 0.1% at $1,726.80 per ounce,…

ISTANBUL (Reuters) – Turkey’s annual inflation climbed above 16% in March for the first time since mid-2019, data showed on Monday, piling pressure on the central bank’s new chief to maintain tight policy after his surprise appointment sparked a lira selloff.FILE PHOTO: Women shop at a local market in Fatih district in Istanbul, Turkey January…

TOKYO, April 5 (Reuters) – Japanese shares rose on Monday as strong U.S. jobs data lifted optimism on economic recovery from the pandemic lows, prompting investors to buy index heavyweights SoftBank Group and Fast Retailing as well as chip-related stocks.The Nikkei share average advanced 0.82% to 30,097.50 by 0157 GMT, while the broader Topix rose…

FILE PHOTO: Passengers wearing protective face masks arrive at the Eleftherios Venizelos International Airport in Athens, Greece, June 15, 2020. REUTERS/Alkis KonstantinidisATHENS (Reuters) – Greece said on Sunday it was extending restrictions on domestic flights until April 12 and on international flights until April 19 as the number of new COVID-19 infections continues to rise.Under…

FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York February 11, 2014. REUTERS/Brendan McDermid/File Photo(Reuters) – Former General Electric Co executive Aris Kekedjian will be named chief executive officer of Icahn Enterprises LP, activist investor Carl Icahn told the Wall Street Journal.Kekedjian, who was the…