Russia and Saudi Arabia urge all OPEC+ powers to join oil cuts

Russia and Saudi Arabia urge all OPEC+ powers to join oil cuts

Putin discussed OPEC+ with MbS MbS emphasises need to commit to OPEC+ agreement Putin hosts Iranian president in Moscow MOSCOW, Dec 7 (Reuters) – Saudi Arabia and Russia, the world’s two biggest oil exporters, on Thursday called for all OPEC+ members to join an agreement on output cuts for the good of the global economy … Read more

COP28 summit: Future of fossil fuels center stage at climate talks

COP28 summit: Future of fossil fuels center stage at climate talks

U.N.’s COP28 summit begins Thursday in Dubai Countries will debate phase-out of fossil fuels Oil-rich UAE under pressure to broker climate deal Rift over oil and gas sector’s role in climate fight WASHINGTON/BRUSSELS/DUBAI, Nov 29 (Reuters) – Delegates from nearly 200 countries will convene this week for the COP28 climate summit in Dubai, where conference … Read more

Mideast wealth funds draw US scrutiny over China ties – Bloomberg News

Mideast wealth funds draw US scrutiny over China ties – Bloomberg News

Nov 24 (Reuters) – Middle Eastern wealth funds are facing greater U.S. scrutiny as part of a pushback on entities potentially having closer ties to China, Bloomberg News reported on Friday. The Committee on Foreign Investment in the United States is reviewing more than half a dozen deals on concerns of national security risks, including … Read more

Airbus seeks to break Emirates jet order impasse

Airbus seeks to break Emirates jet order impasse

DUBAI, Nov 15 (Reuters) – Airbus (AIR.PA) sought a compromise to try to unblock dozens of A350 orders from Dubai’s Emirates late on Wednesday, buoyed by a deal for 11 of the most popular version of the jet with Ethiopian Airlines, industry sources said. Dubai Airshow talks to rescue a delayed order for long-haul jets, … Read more

Pope says he will attend COP28 climate summit in Dubai, a first by a pontiff

Pope says he will attend COP28 climate summit in Dubai, a first by a pontiff

[1/2]Pope Francis holds prayer for migrants and refugees, with the ‘Angels Unaware’ monument, dedicated to the world’s migrants and refugees, behind him in St. Peter’s Square, at the Vatican, October 19, 2023. REUTERS/Remo Casilli/File Photo Acquire Licensing Rights ROME, Nov 1 (Reuters) – Pope Francis said on Wednesday that he will attend the COP28 climate … Read more

Western rival to Belt and Road has much to prove

Western rival to Belt and Road has much to prove

LONDON, Sept 25 (Reuters Breakingviews) – Western countries have a window of opportunity to come up with a credible infrastructure plan for the developing world. China’s $1 trillion Belt and Road Initiative is drowning in bad debts and may be about to lose Italy, the only big rich democracy which is a member. The People’s … Read more

Exclusive: Stroeer considers options for 2024 sale of data business Statista -sources

Exclusive: Stroeer considers options for 2024 sale of data business Statista -sources

FRANKFURT/LONDON, Sept 7 (Reuters) – German advertising group Stroeer is considering possible options for the sale of Statista in 2024, in a process which could value the data gathering business at up to 1.5 billion euros ($1.6 billion), four sources familiar with the matter said. Private equity firms are looking at Statista ahead of a … Read more