Oil futures up 3% on strong China refinery data, weaker US dollar
By Scott DiSavino NEW YORK (Reuters) -Oil prices gained about 3% to a one-week high on Thursday on a weaker…
Middle East
Syrians need ‘way more’ than pledged relief funds, ICRC says
By Maya Gebeily BEIRUT (Reuters) – War-weary Syrians are in such dire straits that they require “way more than what…
Bahrain awards first ‘golden licences’ to five investment projects valued at over $1.4 billion
DUBAI (Reuters) – Bahrain granted its first “golden licences” offering special benefits to five companies that have made large-scale investment…
Saudi Central Bank may need to inject liquidity into banks – Capital Economics
DUBAI (Reuters) – The Saudi Central Bank, known as SAMA, may need to inject liquidity into the banking sector like…
Uber to cease food delivery in Italy, exit Israel
AMSTERDAM (Reuters) – Uber said on Thursday it will shut its food delivery business in Italy and exit Israel, where…
US seeking information from Israeli government over decision in death of Palestinian-American
WASHINGTON (Reuters) – The United States is seeking more information from the Israeli government about the decision that soldiers will…
Oil drops 1.5% as Fed projects more rate hikes this year
By Arathy Somasekhar HOUSTON(Reuters) – Oil prices fell 1.5% on Wednesday after the U.S. Federal Reserve projected more interest rate…
PGA Tour, LIV golf deal needs close DOJ scrutiny, senators say
By David Shepardson WASHINGTON (Reuters) – U.S. Senators Elizabeth Warren and Ron Wyden asked the Justice Department to open an…
Former SoftBank chief launches fund focused on LatAm startups
MEXICO CITY (Reuters) – The former chief executive of SoftBank Group International, Marcelo Claure, on Wednesday launched a fund focused…
Soft U.S. landing to free investor cash toward EMs -IIF
NEW YORK (Reuters) – The U.S. economy should avoid a recession this year while inflation will fall closer to target,…