Business
Latest stories
Kuwait Declares State of Emergency over Oil Leak on Shore

Kuwait's national oil company has declared a state of emergency over an oil leak in one of its southwestern oil fields.

Monday's statement by the Kuwait Oil Co. did not identify the onshore oil field affected by the leak, which began Sunday.

W140 Full Story
Sri Lanka President to Probe Controversial Bond Sale

President Maithripala Sirisena ordered an investigation Monday into alleged insider trading at Sri Lanka's central bank that has heightened tensions between him and his prime minister.

W140 Full Story
Nigeria's Aviation Sector Hits Turbulence

Nigeria may consider itself a regional aviation hub but years of mismanagement and now recession have blighted domestic airline operations, making delays and cancellations the norm.

W140 Full Story
Singapore 2G Switchoff Highlights Digital Divide

When Singapore pulls the plug on its 2G mobile phone network this year, thousands of people could be stuck without a signal -- digital have-nots left behind by the relentless march of technology.

W140 Full Story
Travel Sector Zooms in on Lucrative Gay Market

The travel sector is jazzing up its offer for gay tourists, who tend to spend more than most when away from home, taking it beyond parties in sunny hubs like Ibiza.

W140 Full Story
Oil Producers Say Output Cut on Track

Oil producers said Sunday that their landmark December deal to slash output by almost two million barrels per day was on track, as they met to review progress.

W140 Full Story
U.S. Stocks Cut Gains at Midday after Trump Speech

Wall Street stocks gave up some of their early gains around midday Friday after Donald Trump was inaugurated as the 45th president of the United States and Barack Obama left office.

Around 12:50 pm (1750 GMT), the Dow Jones Industrial Average was at 19,780.45, up 0.2 percent, but about 60 points below its session high.

W140 Full Story
Trump Wants to Ditch 'Obamacare' but Keep the Gains

Health coverage for all: the promise of President-elect Donald Trump was also the vow of his predecessor Barack Obama, whose signature domestic achievement is now under serious threat of repeal.

Such is the paradox surrounding the first legislative push expected by the new Trump administration.

W140 Full Story
May Vows 'Open' Britain as Banks Shift Jobs from London

Prime Minister Theresa May on Thursday told the world's elite that Britain would be open for business despite Brexit, but EU leaders warned of challenges ahead and banks said they would have to shift jobs.

W140 Full Story
Russia's Gazprom Returns to Profit in 3rd Quarter

Russia's energy giant Gazprom returned to profit in the third quarter of 2016 thanks to record demand for Russian gas while prices for hydrocarbons were falling, it said Thursday.

W140 Full Story