Oil prices extend gains on expected OPEC-led supply cuts
International Brent crude oil futures were up 40 cents, or 0.7 percent, at $62.09 per barrel
Pakistan and Iran to reopen banking channels
State Bank of Pakistan (SBP) and the Central Bank of Iran (CBI) are expected to sign an agreement in the next week...
Canada set to postpone Huawei 5G decision to after vote, given sour ties with China – sources: Reuters report
OTTAWA: Canada is likely to postpone a decision on whether to allow China’s Huawei Technologies Co Ltd to supply 5G network equipment...
Amazon acquires Whole Foods in $13.7b deal
New York: Online retail giant Amazon is making a bold expansion into physical stores with a $13.7 billion deal to buy Whole...
Buffett eager to utilise $86 bln cash pile, top his largest takeover
Warren Buffett’s career is filled with splashy takeovers that cost billions -- as in $10 billion or $20 billion or $30 billion.
But $100 billion?...
Oil falls to a three-month low as US supply rises
Oil hovered around a three-month low on Monday as rising US stockpiles and drilling activity offset the optimism over Organization of the...
Afghan rivals to resume talks as civilian killings sow suspicion
KABUL: Afghan government representatives and Taliban officials are due to resume peace talks in Qatar after a three-week break, officials said on...
No subscription service coming soon for Twitter: Dorsey
At its annual shareholder meeting on Monday, embattled social media giant Twitter Inc CEO Jack Dorsey spoke to investors about the potential for...
Tractors to Twitter: India’s protesting farmers battle on highway, online
SINGHU: In a standoff between farmers from India’s northern breadbasket and the government that has convulsed the country, the farmers have a...
Qatar LNG project not affected by Arab tension says: ConocoPhillips
ConocoPhillips owns a 30pc stake in an LNG project operated by Qatargas
Doha/Houston: ConocoPhillips said on Thursday that production and exports of liquefied...
A look at the impact of the pound’s fall around the world
Drop in the pound makes it cheaper for people holding other currencies to visit Britain and shop there
LONDON: The drop in the...
Indonesian clerics declare Sinovac’s Covid-19 vaccine halal
JAKARTA:Â A Covid-19 vaccine produced by Sinovac Biotech is deemed halal, or permissible under Islam, the Indonesian Ulema Council said on Friday, days...
Qatar’s migrant workers on Gulf crisis frontline
Doha: Ajit, an Indian electrician, is just seven months into his new job but right now he is a worried man, like...
Indonesia uses unmanned undersea vehicle in hunt for air crash victims, ‘black boxes’
JAKARTA: Indonesia has deployed a remotely operated underwater vehicle to help divers search for the remains of victims and recover the flight...
China’s Xiaohong likely to replace Liepach as ADB country director to Pak
The Asian Development Bank (ADB) has nominated China’s Xiaohong Yang as the country director to Pakistan, media sources have reported. The step...