Saudi oil output to recover in two or three weeks after attack: sources By Reuters

© Reuters. A satellite image showing damage to oil/gas Saudi Aramco infrastructure at Abqaiq By Alex Lawler and Parisa Hafezi LONDON/DUBAI (Reuters) – Saudi Arabia sought to calm markets on Tuesday after an attack on its oil facilities, with sources in the kingdom saying output was recovering much more quickly than initially forecast and could

Donald Trump claims ‘initial’ tariff deal with Japan

President Donald Trump said he had reached an “initial” deal on tariff barriers with Japan, potentially clearing the way for a resolution of the trade stand-off between Washington and Tokyo. Mr Trump made the announcement in a statement to Congress on Monday night, but did not offer details. The agreement being negotiated between the two

What the Attacks on Saudi Aramco’s Main Oil Plant Mean for Its Massive IPO

As bankers discussed Saudi Aramco’s initial public offering at the Ritz Carlton hotel in Dubai last week, a drone attack was being planned to hit the heart of its operations over the weekend. It caused Saudi Arabia to halve its oil output and may cut the valuation of Aramco’s milestone deal. The giant oil producer has

Saudi Arabia aims to restore one-third of lost oil output by Monday, WSJ says

Smoke is seen following a fire at Aramco facility in the eastern city of Abqaiq, Saudi Arabia, September 14, 2019. Stringer | Stringer Saudi Aramco is aiming to restore by Monday about a third of its crude output that was disrupted after drone attacks on two key oil facilities, The Wall Street Journal reported Sunday,

Historic towns to benefit from £95m boost named

Image caption Coventry will get £2m to restore buildings that survived World War Two Historic English shopping centres will benefit from a £95m regeneration fund, the government has said. In all, 69 towns and cities will receive money, with projects aimed at turning disused buildings into shops, houses and community centres. The largest share of

YouTube bans paid-for plays from contributing towards its Music Charts

Paid-for views on YouTube have become a controversial topic in the industry this year, ever since Bloomberg pointed out the curious case of Indian rapper BadShah in July. At that time, Sony Music India claimed that BadShah had broken the all-time 24 hour record for plays of a music video on YouTube for his track

Euro Surges vs Dollar as Trade Truce Report Trumps ECB By Investing.com

© Reuters. Investing.com – The U.S. dollar retreated across the board on Thursday after a report suggesting a trade truce between the U.S. and China lent wings to risk assets of all stripes, although it pared losses as the White House denied the report. Bloomberg cited people familiar with the situation as saying that the

Euro Surges vs Dollar as Trade Truce Report Trumps ECB By Investing.com

© Reuters. Investing.com – The U.S. dollar retreated across the board on Thursday after a report suggesting a trade truce between the U.S. and China lent wings to risk assets of all stripes, although it pared losses as the White House denied the report. Bloomberg cited people familiar with the situation as saying that the