MOSCOW (Reuters) – Chinese telecoms giant Huawei is separating its corporate division in Russia and Belarus from other CIS countries, a source close to the company told Reuters on Tuesday. Russi[...]
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Middle East
Teva, AbbVie finalize $6.6 billion U.S. opioid settlements
By Brendan Pierson (Reuters) – Teva Pharmaceutical Industries Ltd and AbbVie Inc have finalized the terms of settlements worth more than $6.6 billion to resolve thousands of lawsuits by U.S. sta[...]
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Dubai’s main airport raises 2022 passenger forecast
By Yousef Saba DUBAI (Reuters) -Dubai’s main airport has raised its passenger forecast for this year by 1.5 million to 64.3 million after passenger traffic nearly tripled in the third quarter fr[...]
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Citigroup targets more deals in Gulf region
By Hadeel Al Sayegh DUBAI (Reuters) – Citigroup Inc’s investment banking team has doubled in size over the past two years and more people are being added in the United Arab Emirates (UAE)[...]
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Oil prices rebound from early dive as reports vary on OPEC+ output
By Laila Kearney NEW YORK (Reuters) – Oil prices whipsawed on Monday, diving early to their lowest since early January but then rebounding as reports varied about whether Saudi Arabia and other[...]
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Saudi denies oil output hike discussion, says OPEC+ may cut if needed
(Reuters) -Saudi Arabia on Monday said that OPEC+ was sticking with oil output cuts and could take further measures to balance the market amid falling prices, denying a report it was considering boost[...]
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Budweiser World Cup campaign curbed, not crashed, by Qatar beer ban
By Philip Blenkinsop BRUSSELS (Reuters) -A last-minute decision to ban the sale of alcohol at Qatar’s World Cup stadiums will seriously limit Budweiser sales in the Gulf state, but will not dera[...]
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Saudi Arabia’s Dar Al Arkan signs deal with Trump family for Oman project
By Hadeel Al Sayegh DUBAI (Reuters) – Saudi Arabian real estate developer Dar Al Arkan said it signed an agreement with former U.S. President Donald Trump’s company to use the Trump Brand[...]
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Oil slides 2%, posts second weekly decline as supply fears recede
By Laila Kearney NEW YORK (Reuters) -Oil dropped by about 2% on Friday, logging a second weekly decline, due to concern about weakened demand in China and further increases to U.S. interest rates. Bre[...]
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