U.S. Secretary of State John Kerry said on Thursday the implementation of a nuclear deal agreed between Iran and six world powers was only days away, allowing tens of billions Continue Reading
Saudi Arabia is considering listing shares in state-owned Saudi Aramco, the largest oil producer, in a move that would be likely to create the most valuable listed company in the Continue Reading
Betting on Saudi Arabia: What If Aramco Is Sold Off? By any measure, Saudi Arabian Oil Co. is in a league of its own. Take its oil reserves — roughly Continue Reading
Saudi Arabia is considering selling shares in its state-owned oil company, a move that comes amid a broad privatization effort afoot in the kingdom, but also at a vulnerable time Continue Reading
A massive truck bomb exploded near a police base in the western Libyan town of Zliten on Thursday, killing at least 60 policemen and wounding around 200 others, officials said. Continue Reading
Shelling by so-called Islamic State (IS) on an oil terminal in Libya has started fires that have spread to giant storage tanks, officials say. The fires are reported to be Continue Reading
Chinese foreign exchange reserves fell $107.9 billion in December to $3.33 trillion, the steepest monthly decline on record, according to Chinese central bank data released Jan. 7, Bloomberg and Reuters Continue Reading
The battering that China’s currency and stock markets are taking is emblematic of the pessimism settling over many corners of the world’s second-largest economy. Businesses in the manufacturing heartland of Continue Reading
Global markets were in tumult on Thursday after attempts by Chinese authorities to support share prices and the currency raised fresh questions about their ability to manage a slowdown in Continue Reading
When President Xi Jinping of China convened a group of top officials to discuss the economy last month, the highly publicized meeting was seen as a moment of triumph. A Continue Reading
