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Wednesday, November 25, 2020
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AFRICA

Libyan oil production resumes amid peace talks between rival factions

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Libya’s national oil company announced it was resuming production at the country’s largest oil field as rival officials from eastern and western Libya began...
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BUSINESS

Opec and allied nations extend cut in oil production by a month

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Opec and allied nations have agreed to extend a production cut of nearly 10 million barrels of oil a day through to the end...
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MARKETS

Brent oil hits new 21-year low as coronavirus sends demand plummeting

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Brent crude prices have hit 21-year lows as the oil price crash showed little sign of slowing in the face of plunging global demand...
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BUSINESS

Global deal to cut oil output in sight after Mexico signs up

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Opec and nations including Russia have agreed to boost oil prices by cutting as much as 10 million barrels a day in production. Even more...
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WORLD NEWS

BP cuts spending to strengthen finances amid ‘brutal’ conditions

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BP said it is acting quickly to strengthen its finances amid the “most brutal environment for oil and gas businesses in decades” after prices...
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BUSINESS

Saudi oil giant Aramco ‘to be floated on stock market’

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The long-planned initial public offering of a sliver of Saudi Arabia’s state-run oil giant Saudi Aramco will see shares traded on Riyadh’s stock exchange...
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MARKETS

US ‘locked and loaded’ to respond to attack on Saudis, Trump says

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US President Donald Trump has said that his country is “locked and loaded” to respond after a drone attack on Saudi Arabia that cut...
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DON'T MISS

Is gold is your best play in the current market?

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Gold for years has been trading within a range of 1,200-1,400 USD/oz after falling from its highs of 1,900 in 2011. Widely used as...
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BUSINESS

Stocks end lower on Wall Street as commodities prices fal

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Stocks ended lower on Wall Street as another drop in commodities prices pulled down energy and materials stocks. Cabot Oil & Gas sank 11% Tuesday,...
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BUSINESS

Oil giants propose to freeze oil production’ if other oil producers join’

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Russia has agreed with Opec members Saudi Arabia, Qatar and Venezuela to freeze oil production levels if other producers do the same. Energy minister Alexander...
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Latest news

EUROPE

Macron outlines France’s baby steps out of lockdown

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People in France will be able to go back to their favourite shops and attend religious services again next week after a month of...
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US NEWS

Biden says his team will show the US is back on the world stage

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President-elect Joe Biden says his national security team will lead the way in reflecting the fact that “America is back” on the world stage. During...
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EUROPE

Survey shows fall in German business confidence as shutdown bites

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Business confidence in Germany, Europe’s biggest economy, fell for a second consecutive month in November as a resurgence of coronavirus infections led to partial...
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NEWS

Vatican butler Paolo Gabriele dies aged 54

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Paolo Gabriele, the Vatican butler who was convicted of stealing and leaking Pope Benedict XVI’s private papers in 2012, has died aged 54. Vatican News,...
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WORLD NEWS

China rejects Pope Francis’ claims about treatment of Muslim Uighurs

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China criticised Pope Francis over a passage in his new book in which he mentions suffering by China’s Uighur Muslim minority group. Foreign ministry spokesperson...
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ECONOMY

Economic kiss of death: Lockdown #2

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We are going into a second lockdown, and the economic environment just got worse. The impact of these lockdowns has decimated earnings and demand. Businesses...
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CULTURE

Reforms Needed After George Floyd’s Murder – #BlacklivesMatter

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By Deborah Thomas The term 20/20 vision in optical test terms means a perfect vision. Millions use this term regularly and we are now in...
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