Tag Archives: Bloomberg News Agency

The United Arab Emirates will invest $22.8 billion in Indonesia through a sovereign wealth fund being set up.

Apple Inc. bagged a significant smartphone shipment jump in China last month as the world’s largest consumer electronics market heads into its holiday season. official data indicate.

Oil buyers in Asia are increasingly wary that Iraq’s entanglement in the worsening dispute between the U.S. and Iran could disrupt shipments from one of their key Middle East suppliers.

Electric cars’ share of new registrations in Norway surged to a record in 2019. helped by Tesla Inc.’s best year ever in the Nordic country.

A flare-up in U.S.-Iran tension may be keeping oil elevated. but an actual disruption to global crude supplies is needed to keep prices at current levels.

The U.S. airstrike that killed a powerful Iranian general and heightened tensions in the oil-rich region could boost the fortunes of troubled North American energy companies.

Mexico’s government hedged oil exports for this year at an average $49 a barrel. locking in protection against low crude prices.

OPEC’s output declined last month as several Persian Gulf producers stepped up their implementation of cutbacks aimed at balancing global oil markets.

Oil in New York capped its biggest annual increase since 2016. as OPEC’s production cuts tempered supplies while a trade pact between the U.S. and China.

Russia is waiting for Venezuela’s opposition leader to leave office before despatching economic advisers to help its ally.