Iran accused the Saudi-led coalition fighting in Yemen of deliberately bombing its embassy and injuring staff, worsening already-strained tensions between the rival powers.
“In addition to my people connected to the Open Society Foundation, my investment person is also in Sri Lanka to look for opportunities”, George Soros, a global investor and Founder Chairman of Open Society said.
Due to these low prices, 9 out of 13 OPEC member states including Saudi Arabia, Iraq, Iran and Kuwait announced deficits in their budgets for next year making it impossible for some countries to continue spending in light of oil prices fluctuating around $36 a barrel.
“I’ll say it’s oversold on a short-term basis, though I am an oil bear”, said Tariq Zahir, who trades mostly longer-dated spreads in U.S. West Texas Intermediate crude futures (WTI) for the Long Island, New York-based Tyche Capital Advisors fund. The...
But the company’s decision still stands to stress Obama’s relations with his northern neighbor as he prepares a state dinner for Canadian Prime Minister Justin Trudeau, who was elected just weeks before the president rejected Keystone as incompatible with the fight...
China halted stock trading Thursday, its second daylong trading suspension this week, after prices plunged in the latest spasm of investor panic on its volatile markets.
According to Russia’s Energy Minister Aleksandr Novak, Saudi Arabia has destabilized the crude market by increasing its oil output to the tune of 1.5 million barrels a day.
Lyft’s current service of on-demand ride sharing created over 7 million rides a month during 2015 in more than 190 cities within the US, with the company grossing over $1 billion in revenue through October. In December, California’s Department of Motor Vehicles issued...
Revenues were estimated at 608 billion riyals ($162 billion), well below projections and 2014 income, while spending came in at 975 billion riyals ($260 billion), ministry officials announced at a press conference in Riyadh.