In recent years, Russia and China have been facing off to spread their nuclear power dominion to a new, huge, and vastly untapped market: Africa. The two nuclear power giants Continue Reading
Sinopec and a private equity-backed company are among some half a dozen candidates to acquire Exxon’s North Sea assets that the supermajor put up for sale earlier this year. Kuwait Continue Reading
Israel became the first developed country to impose a second nationwide lockdown amid rising Covid-19 cases. As businesses are forced to close ahead of major Jewish festivals, WSJ’s Dov Lieber Continue Reading
FILE PHOTO: Alexander Dyukov, the head of Gazprom Neft, talks to the media as he leaves after a meeting of Russian Energy Minister Alexander Novak with country’s oil companies in Continue Reading
The U.K.’s economic recovery slowed this month, adding to signs the nation’s consumer-led rebound is running out of steam. IHS Markit’s flash composite Purchasing Managers Index slipped to 55.7 in September Continue Reading
France’s economic recovery stumbled this month, with a report showing a decline in activity, demand and employment in the private sector. IHS Markit’s composite Purchasing Managers Index unexpectedly fell to a Continue Reading
The British government says there could be lines of 7,000 trucks at the English Channel and two-day waits to get into France immediately after the U.K. makes its economic break Continue Reading
Prime Minister Boris Johnson has always looked for the silver lining in Britain’s response to the pandemic. Last spring, he promised to “send coronavirus packing” in 12 weeks. In the Continue Reading
German airline Lufthansa, already bailed out by the government, says it will have to make more staff cuts and mothball more jumbo jets than originally planned because the outlook for Continue Reading
“The reorganization is in process and we want to make sure that our employees are informed first,” the Maersk spokesman said. Damco, which specializes in freight forwarding and logistics, employs Continue Reading
