(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Economic data from Asia’s two economic powerhouses kicks off the global trading day on Monday – a batch of July indicators from misfiring China, and Japan’s Q2 GDP report. We get the first insight into how China’s COVID-hit economy started Q3,…
(Reuters) – Saudi Arabia’s Kingdom Holding invested in Russian energy groups Gazprom, Rosneft and Lukoil between Feb. 22 and March 22, it said on Twitter on Sunday. Many Western nations have imposed sanctions on Russian energy firms and their executives following Russia’s invasion of Ukraine on Feb. 24. The Kingdom Holding investments fall within the…
KYIV, Ukraine (AP) — A United Nations-chartered ship loaded with 23,000 metric tons of Ukrainian grain destined for Ethiopia set sail Sunday from a Black Sea port, the first shipment of its kind in a program to assist countries facing famine. The Liberia-flagged Brave Commander departed from the Ukrainian port of Yuzhne, east of Odesa,…
YEREVAN, Armenia (AP) — A strong explosion at a fireworks storage area tore through a popular market in Armenia’s capital on Sunday, killing at least two people, injuring 60 others and setting off a large fire. Firefighters labored into the night after the early afternoon blast at the Surmalu market to put out the blaze…
By Hadeel Al Sayegh DUBAI (Reuters) -State oil giant Saudi Aramco on Sunday reported its highest quarterly profit since the company went public in 2019, boosted by higher oil prices and refining margins. Aramco joins oil majors such as Exxon Mobil Corp and BP that have reported strong or record breaking results in recent weeks…
NOVOSELIVKA, Ukraine (AP) — As battles raged around Kyiv, one Russian advance was stopped in front of Maria Metla’s home. Artillery gutted most of the house, while the rest was pulverized by tank fire. Metla, 66, is now counting on her neighbors to have somewhere to live this winter. Crews of volunteers turn up on…
By Maha El Dahan and Michael Georgy DUBAI (Reuters) – At an industry event this year in Riyadh, the Saudi energy minister paused at about 9 p.m. in front of some 1,000 people and told them it was bedtime for Amin Nasser, the chief executive of state-owned oil producer Saudi Aramco. He was not joking….
NAIROBI, Kenya (AP) — Kenya’s peaceful presidential election saw a brief disruption late Saturday when riot police responded to scuffles at the national tallying center amid tensions over the close results. An agent for longtime opposition leader and candidate Raila Odinga announced from the lectern that the tallying center was the “scene of a crime”…
(Reuters) – Scandinavian airline SAS said on Saturday it entered into an agreement with Apollo Global Management to raise $700 million of fresh financing it needs to see it through bankruptcy. The airline filed for bankruptcy protection in the United States in early July to help cut debt after the collapse of wage talks between…
NEW YORK (AP) — Anshu Jain, a former co-CEO of Deutsche Bank, has died, his family said in a statement Saturday. He was 59. Jain died after a battle with duodenal cancer, which he was diagnosed with in 2017. Jain was Co-CEO of Deutsche Bank from 2012 to 2015, where he helped build the firm’s…
