Riyadh joins Shanghai Cooperation Organization as ties with Beijing grow
RIYADH, March 29 (Reuters) – Saudi Arabia’s cabinet approved on Wednesday a decision to join the Shanghai Cooperation Organization, as Riyadh builds a long-term partnership...
Saudi minister warns sanctions, underinvestment may cause energy shortages
DUBAI, Feb 5 (Reuters) – Saudi Energy Minister Prince Abdulaziz bin Salman warned on Saturday that sanctions and underinvestment in the energy sector could result...
Credit outlook darkens for non-financial companies, Moody’s says
Debt costs to increase as interest rates rise, hedges expire Lower purchasing power to hit demand in consumer-facing sectors Wage inflation to stay high, fuel...
Russia’s Sechin says Taiwan will return to China ‘on schedule’
Sechin: China will get Taiwan on time Sechin praises Saudi Arabia Sechin says BP a ‘shadow’ shareholder BP: continuing to pursue an exit BAKU, Oct...
London shares fall as energy stocks weigh
Traders from BGC, a global brokerage company in London’s Canary Wharf financial centre react as European stock markets open early June 24, 2016 after Britain...
Putin puts West on notice: Moscow can terminate exports and deals
Russian President Vladimir Putin delivers a speech during a meeting of the Council of Legislators at the Federal Assembly in Saint Petersburg, Russia April 27,...
Dollar hits 20-yr high as yen tumbles on dovish Bank of Japan
NEW YORK, April 28 (Reuters) – The dollar hit a 20-year high against rivals on Thursday as the Bank of Japan doubled down on its...
Oil surges to multi-year highs as Russian supply shortfall looms
Brent hits highest since 2012 this week, WTI highest since 2008 Brent soars 21% this week, WTI jumps 26% Biden looks at options to cut...
Consumers face years of high energy prices, Big Oil CEOs warn
A diesel fuel nozzle with new European labels to standardise gasoline pumps in the EU zone is seen at a petrol station in Nice, France,...