Economics

Oil rises to 7-year high as Turkey outage adds to tight supply outlook

Oil rises to 7-year high as Turkey outage adds to tight supply outlook

  • By Admin --
  • Wednesday, 19 Jan, 2022

Oil prices rose for a fourth day to a seven-year high as an outage on a pipeline from Iraq to Turkey increased concerns about an already tight supply…

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Ford records $8.2 billion fourth-quarter gain from Rivian investment

Ford records $8.2 billion fourth-quarter gain from Rivian investment

  • By Admin --
  • Wednesday, 19 Jan, 2022

Ford Motor Co said on Tuesday its fourth-quarter results would include an $8.2 billion gain on its investment in Rivian Automotive Inc, following the…

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China cuts interest rates as economic growth slows

China cuts interest rates as economic growth slows

  • By Admin --
  • Tuesday, 18 Jan, 2022

China has unexpectedly cut a key interest rate for the first time in almost two years as official figures showed its economic growth had slowed.

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Armenia interested in long-term cooperation with UAE companies: President Sarkissian meets Mubadala CEO

Armenia interested in long-term cooperation with UAE companies: President Sarkissian meets Mubadala CEO

  • By Admin --
  • Tuesday, 18 Jan, 2022

On a working visit to the United Arab Emirates, President Armen Sarkissian met with Khaldoon Khalifa Al Mubarak, Executive Director of Mubadala Investment…

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Chinas economy beats expectations with 4 percent growth in Q4

Chinas economy beats expectations with 4 percent growth in Q4

  • By Admin --
  • Monday, 17 Jan, 2022

China’s economy grew 4 percent in the final quarter of 2021 to expand 8.1 percent year-on-year, amid stronger-than-expected industrial production…

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Beijing-linked Cathay Pacific rival eyes $1.8b plane order

Beijing-linked Cathay Pacific rival eyes $1.8b plane order

  • By Admin --
  • Monday, 17 Jan, 2022

A new Hong Kong-based airline with ties to Beijing is considering ordering up to 30 narrow-body jets from either Boeing Co. or Airbus SE as it tries…

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Chinas economy grows 8.1% in 2021 slows in second half

Chinas economy grows 8.1% in 2021 slows in second half

  • By Admin --
  • Monday, 17 Jan, 2022

BEIJING -- China’s economy expanded by 8.1% in 2021 but Beijing faces pressure to shore up activity after an abrupt slump in the second half…

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Chinas economy grows 8.1% in 2021 slows in second half

Chinas economy grows 8.1% in 2021 slows in second half

  • By Admin --
  • Monday, 17 Jan, 2022

BEIJING - China’s economy expanded by 8.1% in 2021 but Beijing faces pressure to shore up activity after an abrupt slump in the second half as…

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