The growing disquiet over China could see oil investors headed to India, said a top executive at a refiner that Prime Minister Narendra Modi’s government has put up for sale.
Iraq tells OPEC it will cut oil output to comply with quota – OPEC delegate
Iraq has told OPEC it would start an urgent plan to cut its oil production gradually to fully comply with its quota, an OPEC delegate said on Saturday, after the group demanded that Baghdad and other …
‘India facing demand recession’
This will boost the demand for passenger cars, especially in the second half of FY21. We have to be patient and prudent till normalcy is restored, says T.T. Srinivasaraghavan, MD, Sundaram Finance Ltd …
India Is Using More Solar Energy—but It Carries a Lead Risk
In rural areas, solar power is stored in lead batteries. If they aren’t properly recycled, contamination can cause health problems.
How U.S. Decision Could Hurt Hong Kong as Trading Hub
The Trump administration’s removal of Hong Kong’s status as a largely autonomous Chinese territory opens the way for punitive measures that could affect the city’s sizable trading partnership with the …
Qatar blockade enters fourth year: Timeline
Bahrain and Egypt abruptly severed diplomatic relations with Qatar and imposed a land, sea, and air blockade in hopes of making it comply with a long list of demands. The four states accuse Doha of …
Azerbaijan ranks 1st in CIS for fight against corruption
By Akbar Mammadov Azerbaijan has ranked 7th among the 50 member states of the Council of Europe, and 1st among the CIS countries, according to the recent report of Group of States against Corruption.
Exclusive: Malaysia to double deficit to fund stimulus, says finance minister
Malaysia’s fiscal deficit will nearly double to around 6% of annual economic output this year because of the government’s recent efforts to revive the economy, the finance minister told Reuters, …
Iraq hurtling towards a financial crisis that could leave millions unpaid
Unable to secure salaries for public sector employees or pay pensions and benefits, Baghdad fears economic crisis could stoke widespread unrest …
Iran Sanctions Case Being Dropped by U.S. Despite Conviction
In a rare move, federal prosecutors are seeking to withdraw their criminal case against an Iranian banker who was convicted of violating U.S. sanctions.