Business Jun 5, 2023
Saudi Arabia goes alone at OPEC+ with million-barrel cut
Saudi Energy Minister Prince Abdulaziz bin Salman Al Saud said he "will do whatever is necessary to bring stability to this market.”
Business / Financial Markets | FOCUS Feb 5, 2023
Inside the 19-hour meltdown that junked Adani’s share sale
A brutal sell-off wiped out more than $80 billion in market value, forcing India's government to distance itself from the scandal-hit conglomerate.
Business / Tech Jun 9, 2022
Elon Musk’s Twitter bid taps obscure financier linked to Russian-Israeli tycoon
Vy Capital has committed $700 million to finance Musk’s bid for the social network, making it the third-biggest outside equity investor.
Business May 6, 2022
Bankers quit jobs for shot at riches in ‘Wall Street of crypto’
In the shadow of Dubai’s sail-shaped Burj Al Arab hotel, cryptocurrency executives rubbed shoulders with Emirati royals, Wall Street bankers and Instagram influencers.
Business Mar 10, 2022
UAE says OPEC+ should boost oil output, setting up tension in the group
According to a person familiar with the situation, the UAE hadn’t consulted other OPEC+ members before its ambassador to Washington made his statement.
World Jan 20, 2022
Drones jolt a Persian Gulf focused on Iran’s nuclear ambitions
Such drones make it possible to conduct small, targeted assaults that slip through multibillion-dollar defense systems designed to deter more advanced weapons.
Business Jan 4, 2022
UAE risks inclusion on global watchlist over dirty money
The Financial Action Task Force is leaning toward adding the UAE to its "gray list,” which would make the country subject to more oversight for shortcomings in combating money laundering.
Business Jul 27, 2018
As China and U.S. slug it out in trade spat, past events suggest relief is ahead for emerging markets
If the past century is any guide, an escalation in tit-for-tat tariffs between the U.S. and China may boost emerging markets. Trade wars instigated by the U.S. in the past 100 years usually coincided with weakness in the dollar, which often lifted the value of ...