By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged higher on Monday, rebounding from early losses, as investors weighed Russia’s plans to cut crude production and short-term demand concern[...]
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Middle East
Soccer-Qatari investors preparing imminent bid for Manchester United – Bloomberg
LONDON (Reuters) – Qatari investors are preparing to make a bid to buy Premier League club Manchester United “in the coming days”, Bloomberg reported on Monday, citing sources famili[...]
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IMF chief says markets have good reasons to be more upbeat on economy
DUBAI (Reuters) – The head of the International Monetary Fund (IMF) said on Monday that financial markets have good reason to be more upbeat, pointing to the U.S. economy likely avoiding recessi[...]
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Oil prices rise over 2% on Russian plan to cut output
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose more than 2% on Friday and posted weekly gains of over 8%, as Russia announced plans to reduce oil production next month after the West imposed p[...]
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First Abu Dhabi Bank says not currently evaluating offer for Standard Chartered
SINGAPORE (Reuters) – First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, said on Friday it was not currently evaluating an offer for Britain’s Standard Chartered.[...]
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Oil falls as earthquake impact on crude eases, rate hike fears rise
By Laila Kearney NEW YORK (Reuters) -Crude prices eased on Thursday as oil infrastructure appeared to have escaped serious damage from the earthquake that devastated parts of Turkey and Syria, while U[...]
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BlackRock-led investors in Aramco pipelines target around $4 billion in bond sale
By Yousef Saba DUBAI (Reuters) – BlackRock Inc-led investors in Saudi Aramco’s gas pipeline network are looking to raise around $4 billion from a sale of bonds to refinance a multi-billion[...]
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Oil settles up for third day as interest rate concerns ease
By Laura Sanicola (Reuters) -Oil rose for a third straight day on Wednesday as investors felt more comfortable with risk a day after the Federal Reserve chair’s remarks eased concerns about futu[...]
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Oil surges more than 3% as Fed’s Powell eases rate hike concerns
By Stephanie Kelly NEW YORK (Reuters) -Oil prices climbed more than 3% on Tuesday after the head of the U.S. central bank eased market concerns over interest rate hikes, while recovering demand in Chi[...]
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