Nokia Oyj is exploring strategic options as fierce competition puts pressure on the Finnish network equipment maker’s earnings. people familiar with the matter said.
Read More »U.S. to Sell 12 Million Barrels of Oil Just as Virus Hits Demand
The U.S. will sell up to 12 million barrels of oil from its emergency government stockpile just as global crude demand takes a hit from the spreading coronavirus.
Read More »Russia’s State Oil Company Paid Mystery Consultant $250 Million in Iraq Deal
Russia’s state oil company paid $250 million to an external consultant to help secure deals in Iraqi Kurdistan. according to documents that shed new light on transactions that have strengthened Moscow’s presence in the Middle East.
Read More »Geneva Car Show. Basel Watch Fair Canceled as Virus Spreads
Two of Switzerland’s largest trade fairs fell victim to the coronavirus epidemic. with organizers of the Geneva International Motor Show and the Baselworld watch fair pulling the plug on this year’s salons as the outbreak spreads in Europe.
Read More »OPEC will Decide Monday if March 5-6 Meeting Is Still On
A decision to delay the meeting would leave the future of the OPEC+ 1.7 million b d production cut accord with Russia and other allies up in the air.
Read More »Knowledge-Based Companies to Produce 5mn Masks to Combat COVID-19
Government has signed deals with domestic knowledge-based companies for production of five million hygienic masks for fight against coronavirus.
Read More »World Economy Faces Worst Year Since 09 as Virus Hopes Fade
The world economy may be heading for its worst performance since the financial crisis more than a decade ago as the spread of the coronavirus increasingly dashes hopes of a swift rebound.
Read More »India’s Deepening Slowdown Faces Fresh Risks from Virus
India’s economy slowed to a more than six-year low in the final three months of last year. and it now faces a fresh threat from the coronavirus outbreak.
Read More »Int`l Cooperation Key to Control. Contain and Uproot Coronavirus
Iran appreciates all countries and international bodies which have helped confront coronavirus and considers international community'.s cooperation as key to control. contain and uproot the epidemic. Iranian Embassy in Tbilisi said in a statement.
Read More »BP. Eni. Equinor. Shell and Total Join Forces to Store Emissions Under the North Sea
The Net Zero Teesside project aims to decarbonise local industry by building a transportation and storage system to gather industrial carbon dioxide. compress it and store it safely in reservoirs under the sea.
Read More »