MOSCOW (Reuters) – Russian commercial lender Rosbank has halted operations in U.S. dollars, euros and dirhams, warning that some transactions could be blocked, after Washington imposed sanctions[...]
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Middle East
Oil prices slid 2% as dollar firms and central banks hike interest rates
By Scott DiSavino NEW YORK (Reuters) -Oil prices slid about 2% on Thursday as traders worried about the fuel demand outlook due to a stronger dollar and further interest rate hikes by global central b[...]
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Barclays weighs Saudi re-entry amid capital markets boom – sources
By Pablo Mayo Cerqueiro and Hadeel Al Sayegh (Reuters) -Barclays is exploring a return to Saudi Arabia in a bid to capture a slice of the country’s burgeoning capital markets, two people close t[...]
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Oil rises to over $80/bbl as dollar slumps on slowing inflation
By Shariq Khan NEW YORK (Reuters) – Oil settled over $80 a barrel on Tuesday and recorded its biggest daily gains in over a month, as investors bought up risk assets after U.S. data pointed to s[...]
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Pakistan hopes to finalise talks with Saudi Arabia on financial help soon
ISLAMABAD (Reuters) – Pakistan is hoping to conclude talks with Saudi Arabia soon on financial help for the South Asian nation, Pakistan’s Finance Minister Ishaq Dar said on Monday. Dar al[...]
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Libyan oil production at 1.2 million barrels per day, oil minister says
KUWAIT (Reuters) – Libya is producing about 1.2 million barrels per day of oil, oil minister Mohamed Oun told reporters on the sidelines of an OAPEC meeting on Monday. “We hope to return t[...]
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Israeli lawmaker tables bill to limit banks raising mortgage rates
By Steven Scheer JERUSALEM (Reuters) – The head of Israel’s powerful parliamentary finance committee submitted a bill on Monday that would limit banks’ ability to raise mortgage rate[...]
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Turkey jobless rate rises ahead of tight election for Erdogan
By Orhan Coskun and Nevzat Devranoglu ANKARA (Reuters) – Turkey’s unemployment rate edged up to 10.2% in October, data showed on Monday, posing a potential challenge to President Tayyip Er[...]
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Analysis-European food delivery shapes up with Getir’s Gorillas buy
By Toby Sterling AMSTERDAM (Reuters) – Grocery-in-minutes company Getir’s $1.2 billion deal to buy rival Gorillas is an important step toward consolidation in Europe’s food delivery[...]
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