Oil Earnings Surge But Some Question Skimpy Investment
Rising crude prices drove huge profits for US oil industry giants, but key figures in the sector have raised concerns ...
Tag: oil prices
US Growth Hits 3-Year Low At 0.7% In Trump’s 1st Quarter
US growth slowed to its lowest level in three years in the first quarter as consumer spending and government expenditures ...
GE Profitable Again In Q1; Oil Earnings Fall
Higher power and aviation earnings helped General Electric return to profitability in the first quarter as it announced plans Friday ...
GE Profitable Again In Q1; Oil Business Still Weak
General Electric swung back to profitability in the first quarter Friday as its aviation and power businesses scored strong operating ...
Philippine President Tells Unemployed To Kill Drug Addicts
Philippine President Rodrigo Duterte has some career advice for the almost 40 million Filipinos currently unemployed—go out and kill drug addicts. ...
Who Is To Blame, the Lame Horse Or the Horse Rider?
NDC defeat: Who is to blame, the Lame Horse or the Horse Rider? “Of course as the general who led ...
Oil Producers ‘might Have To’ Extend Output Cuts
Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed for the first ...
Oil Producers ‘might Have To’ Extend Output Cuts
Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed for the first ...
Chinese Investors Launch Oman Industrial Project
Chinese investors in Oman on Wednesday laid the first stone of an industrial zone in the sultanate's southern port town ...
OPEC ‘optimistic’ Oil Output Cuts Leading To Price Recovery
Oil-exporting cartel OPEC is confident that production cuts agreed with non-members to prop up prices will lead to a recovery ...
Tax Cuts, Cedi Stability Fetters Inflation
The stability of the local currency and the abolishing of ‘nuisance’ taxes by government are the main causes of the ...
JPMorgan Chase Reports Higher Profits On Strong Trading
JPMorgan Chase reported higher first-quarter profits Thursday, driven by a strong performance in its corporate and investment bank division, including ...
Philippines Says Saudi Arabia Still Needs Its Workers
Saudi Arabia will still need even more Filipino workers despite its "Saudization" policy, Manila's labour secretary said Wednesday following a ...
Nigeria Sees ‘massive Spike’ In Death Sentences
Nigeria handed down an astonishing 527 death sentences in 2016, three times more than the previous year, in what Amnesty ...
Philippine’s Duterte Starts Gulf Tour
Philippine President Rodrigo Duterte arrived Monday night in Saudi Arabia, where economic troubles forced the repatriation of thousands of his ...
Kuwait, Oman Agree To Build Oil Refinery
Oman Oil Company and Kuwait Petroleum International signed Monday an agreement to build a refinery worth around $7 billion in ...
FNB Forecasts 4.5% Economic Growth Lower Than Government’s Projection
First National Bank has said the Ghanaian economy is not likely to expand as much as the government expects, pegging ...
Britain To Help Reform Saudi Economy
Britain said Wednesday it would help Saudi Arabia to diversify its oil-dependent economy as British Prime Minister Theresa May visited ...
Nigeria’s Central Bank Moves On Forex To Boost Economy
Nigeria's central bank has made moves to strengthen the naira currency to boost domestic manufacturing and lift the economy out ...
Asian Traders Tread Carefully As Quarter Draws To A Close
Asian investors moved cautiously Friday following a Wall Street rally inspired by better-than-expected US economic growth data, while South Africa's ...