State oil firm’s ‘financial strain’ compounds Nigeria’s fuel shortage
LAGOS: Weeks of fuel scarcities in Nigeria are compounding a cost-of-living crisis, with the state-run oil company acknowledging “financial strain” was hampering supplies.
LAGOS: Weeks of fuel scarcities in Nigeria are compounding a cost-of-living crisis, with the state-run oil company acknowledging “financial strain” was hampering supplies.
BEIJING: China said Tuesday it would launch an anti-dumping probe into Canadian canola and chemical products, in apparent retaliation for Ottawa’s new restrictions on imports of Chinese electric vehicles (EVs).
BEIJING: China needs to step up its financing for Angola if the African nation is to absorb more Chinese-made goods from solar panels to electric cars, Angola’s finance minister said on Tuesday, as the former OPEC member considers vying bids from Beijing and Europe.
TOKYO, Sept 3 (KUNA) -- Hong Kong's Cathay Pacific Airways said it has cancelled 48 flights after discovering an engine glitch in one of its A350 aircraft, public broadcaster Radio Television Hong Kong reported Tuesday.
KUWAIT: As part of its continuous efforts to provide the best investment opportunities to its clients, Gulf Capital Investment Company “InvestGB”, the wholly owned investment arm of Gulf Bank, has entered a strategic partnership with Investcorp, a leading global alternative investment manager.
FRANKFURT: European Central Bank policymakers are increasingly at odds on the outlook for growth, a rift that could shape the rate cut debate for months with some fearing a recession and others focusing on lingering inflation pressures, sources close to the debate said.
BEIJING: After quitting the education industry last August due to China’s crackdown on private tutoring, He Ajun has found an unlikely second life as an unemployment influencer.
BEIJING: China rolled out the red carpet on Monday for leaders from across Africa, seeking to deepen ties with the resource-rich continent it has furnished with billions in loans for infrastructure and development.
CAIRO: Saudi Arabia and Libya have financed the purchase of gas cargoes worth at least $200 million to help Egypt ease its energy crisis this summer amid a steep decline in domestic gas output, two industry sources familiar with the matter said.
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