A trader works inside a booth on the floor of the New York Stock Exchange on Wednesday. Reuters
LONDON: British oil major BP agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a region where it operated for 60 years. The deal, which includes interests
Global equity benchmarks and oil prices drifted lower on Tuesday while safe haven assets gained as an extended economic lockdown in Germany and US and European sanctions on China curbed risk appetite worldwide.
Oil prices rose more than $1 per barrel on Thursday after Saudi Energy Minister Prince Abdulaziz bin Salman urged caution and vigilance at the beginning of a meeting of Opec ministers and their allies about the future of supply cuts.
Executives from the crypto sector have descended on the annual gathering of business leaders and politicians in the Swiss Alpine resort, seeking to encourage faster adoption of their technology, which is largely unregulated.
President Joe Biden tended to both business and security interests on Sunday as he wraps up a three-day visit to South Korea, showcasing Hyundai’s pledge to invest at least $10 billion
The residential property prices in Dubai continued to increase at a steady pace as the sector recorded a year-on-year average increase of around 11.5 per cent in first quarter this year