By Shariq Khan BENGALURU (Reuters) – Oil prices fell more than a dollar a barrel on Friday to record a second straight weekly decline, as disappointing Chinese data added to doubts about demand growth after Saudi Arabia’s weekend decision to cut output. Brent crude futures fell $1.17, or 1.5%, to settle at $74.79 a barrel,…
LONDON (Reuters) – Goldman Sachs said on Friday the appointments of Mehmet Simsek as Turkish finance minister and Hafize Gaye Erkan as central bank governor suggested a widespread understanding in the new administration that monetary and fiscal adjustments were needed. The Wall Street bank, in an overhaul to a number of its forecasts for Turkey,…
By Michel Rose PARIS (Reuters) – The knife attack on toddlers in a French Alpine town, suspected to have been carried out by a Syrian refugee, has thrown a spotlight on President Emmanuel Macron’s struggles to find support for a new immigration bill in a fragmented parliament. France was still in shock a day after…
DUBAI (Reuters) -Sudan’s warring sides have agreed a nationwide, 24-hour ceasefire from Saturday morning, U.S. and Saudi Arabian mediators said, following a week of intensified fighting after a previous truce deal lapsed. The mediators said the ceasefire was “an effort to break the cycle of violence” between Sudan’s army and the paramilitary Rapid Support Forces…
RAMALLAH, West Bank (Reuters) – A Palestinian driver was shot dead at an Israeli army checkpoint near Ramallah in the occupied West Bank, Palestinian officials said, after what Israel’s military said was a confrontation between the man and one of the soldiers. In a statement, the military said a man arrived in a stolen vehicle…
By Dmitry Zhdannikov, Ahmad Ghaddar and Alex Lawler LONDON (Reuters) – Saudi Arabia kept under wraps its plan to make a deep cut to its own oil output during a weekend of OPEC+ talks in Vienna, several OPEC+ sources told Reuters, with some member states only learning about the reduction from the final news conference….
By Humeyra Pamuk and Simon Lewis RIYADH/WASHINGTON (Reuters) – When Saudi Arabia’s Public Investment Fund (PIF) signed a deal this week to merge with North America’s top body in charge of professional golf, it signaled for some the completion of a U.S.-aided rehabilitation of Crown Prince Mohammed bin Salman, five years after the murder of…
By David Shepardson WASHINGTON (Reuters) – Two U.S. senators said on Thursday they had proposed barring the Federal Aviation Administration from buying or using Chinese-made drones. Senator Marsha Blackburn, a Republican, and Senator Mark Warner, a Democrat who chairs the Intelligence Committee, proposed legislation that would also prohibit the FAA from providing federal funds to…
By Laura Sanicola (Reuters) -Oil prices settled lower on Thursday but rebounded from earlier losses after the U.S. and Iran both denied a report that they were close to a nuclear deal. Oil fell by more than $3 on the report that the U.S. would give Iran sanctions relief to export oil in return for…
WASHINGTON (Reuters) -The White House on Thursday denied a report that the United States and Iran were nearing an interim deal under which Iran would curb its nuclear program in return for sanctions relief. “This report is false and misleading,” said a spokesperson for the White House National Security Council, referring to an article on…
