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08:57, 18 April 2014 Friday
Economy

13:09, 16 April 2014 Wednesday
Iran expects next payment under nuclear deal

A fifth payment of $450 million was due on April 15, contingent on Iran having diluted half of its most sensitive stockpile of nuclear materials

12:08, 16 April 2014 Wednesday
Euro zone inflation stuck in 'danger zone'

The year-on-year inflation rate in the 18 countries sharing the euro was 0.5 percent in March against 0.7 percent in February, the European Union's statistics office Eurostat said.

11:37, 16 April 2014 Wednesday
Americans are paying more for food and home rentals

Pushed by higher food and shelter costs, the consumer price index rose in March.

10:03, 16 April 2014 Wednesday
Iranian oil exports rise

Iran's oil exports increase after EU and U.S. sanctions are relaxed.

23:38, 15 April 2014 Tuesday
European parliament votes for compulsory quot made-in quot labels

Country of origin labels are currently voluntary in the European Union and many of the bloc's governments want to keep it that way

22:57, 15 April 2014 Tuesday
EU struggles to unpick the knot of Russia-Ukraine gas logistics

While reverse flows would help cushion the effects of a Russian export cut during mild-demand summer months, analysts say they would not be sufficient in winter.

16:33, 15 April 2014 Tuesday
Libya to export first oil since rebel deal

The tanker, Aegean Dignity, is due to take its load to Italy, the NOC quoted an oil official as saying in a statement on its website

15:46, 15 April 2014 Tuesday
Westbound gas pipeline project re-opens purchases

TAP aims at enhancing the security of natural gas supply as well as diversification of gas supplies for the European markets.

14:34, 15 April 2014 Tuesday
Bitcoin promoter Shrem indictedfor money laundering

Charlie Shrem, 24, was arrested in January and stepped down as vice president of the Bitcoin Foundation, a well-known trade group, soon after.

14:03, 15 April 2014 Tuesday
Egypt limits air conditioning in mosques

The religious endowments minister has ordered mosques not to run air conditioners before May 15 and after that date to use air conditioning only during prayer time

13:57, 15 April 2014 Tuesday
Oman extends curbs on foreign workers

Most foreign workers in the construction and oil industries come from India, Bangladesh and Pakistan, while many domestic workers are from Indonesia and the Philippines

13:05, 15 April 2014 Tuesday
Lukoil to sell stake in Kazakh projects to Sinopec

Lukoil has been decreasing its stake in Caspian Investment Resources Ltd, to share the costs at the projects, which require extensive financing.

12:41, 15 April 2014 Tuesday
Israel thwarts telco Wataniya Palestine's Gaza launch

Israel, which occupied the West Bank in a 1967 war, controls the airwaves of the territory, and Palestinian firms' lack of 3G is a constraint on its technology sector while Israel's soars

09:09, 15 April 2014 Tuesday
Ukraine's central bank almost doubles overnight rate

The hryvnia has lost about 38 percent of its value against the dollar since the beginning of the year due to the conflict with Russia.

21:59, 14 April 2014 Monday
Austria investigates Ukrainians for money-laundering

The Austrian justice ministry said "numerous" persons were being investigated over money-laundering and other crimes, including former Prime Minister Mykola Azarov and his son Oleksii.

16:42, 14 April 2014 Monday
Iran says oil barter deal with Russia very hard to

Ali Majedi, Iran's deputy oil minister for international affairs and trade, said Moscow and Tehran would struggle to agree such a deal.

15:13, 14 April 2014 Monday
Egypt to ban too-cold air conditioners

Trade, Industry and Investment Minister Mounir Fakhry Abdel Nour cast the restrictions on air conditioners as a part of the government plan to cut energy use

14:40, 14 April 2014 Monday
Brent crude prices rise to two-week high

As tensions increase between Russia and Ukraine, crude oil prices rise to a two-week high of $108.35 per barrel on Monday.



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