The oil deal, Pompeo told the senators, had taken longer to finalize than he expected, but “now we’re in implementation, and it can be very powerful.” He did not offer examples of any “powerful” ... ( read original story ...)
Iraq Commits to Deep Oil Cuts as OPEC+ Ramps Up Pressure
Iraq made its strongest commitment yet to implement deep cuts in crude production after the country’s oil minister and his Saudi counterpart held a phone call Thursday. ( read original story ...)
Vietnam Airlines to slash wages in half to fill financial hole
HANOI -- Vietnam Airlines plans to reduce the wages of flight staff by roughly half this year as part of a cost-cutting campaign to win a government bailout that would cushion the financial ... ( read original story ...)
UK and Japan look to seal trade deal within month
And the UK's Liz Truss said there was a "consensus" on extending Japan's current trade standards with the EU in financial and digital services. Earlier on Friday, there were repor ... ( read original story ...)
Bangladesh looks to cut future coal use as costs rise
Bangladesh plans to review the number of coal-based power plants it hopes to build, with an eye to reducing its dependence on coal as costs for the fuel rise and power demand grows more slowly than ... ( read original story ...)
Banks Can Revamp India Loans With Bad Debt Surging
India’s banking regulator gave lenders power to restructure certain loans, as authorities look to support an economy hit by the pandemic while ensuring the stability of a financial sector where ... ( read original story ...)
Malaysia’s former finance minister arrested on graft charges over China-linked tunnel project
Lim Guan Eng will appear in court on Friday to face corruption charges over the US$1.5 billion undersea tunnel project in Penang. ( read original story ...)
China sentences another Canadian to death on drug charges
China sentenced another Canadian to death on drugs charges Friday, the second in two days to be handed the punishment, as tensions soar between Beijing and Ottawa. The rest of the group were also ... ( read original story ...)
Stocks fall despite solid jobs report as worries about China resurface
Stocks fell slightly Friday morning despite the better than expected jobs report, as new fears about economic tensions between the United States and China cast a shadow over Wall Street after ... ( read original story ...)
Sands China Kicks Off Sands Shopping Carnival with Grand Opening Event
Sands China Ltd. kicked off its three-day Sands Shopping Carnival with a grand opening celebration Friday at The Venetian® Macao's Cotai Expo, officiated by guests of honour from government, finance, ... ( read original story ...)