Oil price resurgence has further to run

When crude surges above US$90 a barrel and the leaders of Saudi Arabia and Russia get on the phone to congratulate each other on a job well done, oil consumers should take note.After half a year in th...

By Bloomberg | Published: 12 September 2023


Russia, China to ditch US dollar

MOSCOW and Beijing have inked an intergovernmental agreement to switch to national currencies in bilateral trade and boost cross-currency settlements up to 50 percent as they ramp up efforts to move a...

By Russia Today | Published: 01 July 2019


Oil prices rise further but analysts expect downward correction

Oil markets opened stronger on Tuesday, continuing a rally that has seen Brent crude futures soar 8 percent since mid-January, yet analysts are increasingly saying that price rises have been overblown...

By Reuters | Published: 17 February 2015


China assumes KP chair

The incoming Kimberley Process Certification Scheme (KPCS) chairperson, Mr Wei Chuanzhong says China appreciates the significant role that the scheme must play in promoting legal diamond trade and in ...

By Staff reporter | Published: 25 November 2013


Toyota to sell first hydrogen fuel cell car in 2015

Though everyone thought we were decades away from this, Japanese automaker Toyota plans to unveil its first-ever commercially produced hydrogen fuel cell car in January in Las Vegas, and it will hit t...

By Charles Kennedy of | Published: 11 September 2013


Standard Chartered hurt by Indian rate rise

Standard Chartered was a faller yesterday as a move by India to tighten liquidity raised concerns about the strength of its loan book. Chartered lost 2.8 per cent to £15.04 after the Reserve Bank of...

By FT | Published: 17 July 2013


Rudd win ‘may lift confidence’, economists and investors say

SYDNEY - Kevin Rudd's victory as leader of Australia's governing Labor Party may boost consumer and company confidence before an election that could be held as early as August, according to investors,...

By Adam Haigh | Published: 30 June 2013


Emirates' Airbus A380 to be launched to Brisbane and Auckland

HARARE - Brisbane is set to become Emirates' third Australian destination to welcome the airline's flagship Airbus A380, with the announcement that Emirates will operate the A380 on the Dubai to Bri...

By Moyo Roy | Published: 10 June 2013


Emirates Group Announces 25th Consecutive Year of Profit

 - Group records AED 3.1 billion (US$ 845 million) net profit - Largest capacity increase in airline's history adding 34 new aircraft and 10 new destinations - Emirates passes 39 milli...

By Mathews Estell | Published: 10 June 2013

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