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UK unemployment rate hits lowest level since 1975
Aug 16, 2017
LONDON — Britain's unemployment rate has struck a new 42-year low, official data showed on Wednesday, as the uncertainty of Brexit boosts temporary hirings.The rate dipped to 4.4 per cent in the three months to June to record the lowest level since 1975, the Office for National Statistics (ONS) said in a statement. ...
Kuwait reports second oil spill
Aug 15, 2017
KUWAIT CITY — Kuwaiti authorities on Tuesday reported a second oil slick off the Gulf ...
Saudi Arabia to launch joint trade council with Iraq
Aug 14, 2017
RIYADH — Saudi Arabia and Iraq are to launch a joint trade commission, the Saudi Cabi ...
Saudi budget deficit halves after reforms, oil rebound
Aug 13, 2017
RIYADH — Saudi Arabia's budget deficit halved in the first six months of this year, the finance ministry said on Sunday, following sweeping ...
Consumers 'left in lurch' over Europe egg scandal
Aug 12, 2017
PARIS — European consumers complained of being "left in the lurch" by food safety authorities as a scandal over insecticide-tainted egg ...
700,000 insecticide-tainted eggs imported to UK — gov’t
Aug 10, 2017
LONDON — Around 700,000 eggs implicated in a Dutch insecticide scandal have been distributed in Britain in processed food, authorities said ...
US payment firm Vantiv buys UK's Worldpay for £9.3 billion
Aug 09, 2017
LONDON — US card payment processing giant Vantiv has agreed to buy British peer Worldpay for £9.3 billion ($12.1 billion), the pair sai ...
Saudi billionaire to invest $800m in Egypt tourism
Aug 07, 2017
CAIRO — Saudi Arabian billionaire Prince Alwaleed Bin Talal is to invest more than $800 million in hotels in Egypt, the investment ministry ...
UK ready to pay up to 40b euros to leave EU — Sunday Telegraph
Aug 06, 2017
LONDON —  Britain is prepared to pay up to 40 billion euros ($47 billion) as part of a deal to leave the European Union, the Sunday Tel ...
Russian ban on Turkish tomatoes bears domestic fruit
Aug 05, 2017
MOSCOW — A ban on Turkish tomato imports that was motivated by geopolitics has inspired Russia to become self-sufficient in tomato productio ...
Gold demand hits eight-year low — industry body
Aug 03, 2017
LONDON — Gold demand slumped 14 per cent in the first half of 2017 to hit the lowest level in eight years as US traders exited the haven inv ...
Sanctions gap lets Western firms tap Russian frontier oil
Aug 02, 2017
OSLO/MOSCOW — A gap in US sanctions allows Western companies to help Russia develop some of its most technically challenging oil reserves, a ...
Europe’s biggest oil refinery shut for two more weeks
Aug 01, 2017
THE HAGUE — Europe’s biggest oil refinery will remain shut for another couple of weeks after a power station on the site was hit by a huge f ...

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