As Iran's oil exports surge, international tankers help ship its fuel
More than 25 European and Asian-owned supertankers are shipping Iranian oil, data seen by Reuters shows, allowing Tehran to ramp up exports much faster than analysts had expected following the lifting of sanctions in January.
Gulf OPEC members seek to revive global oil output deal
Gulf OPEC members including Saudi Arabia are looking to revive the idea of coordinated oil-output action by major producers when the group meets on Thursday including by establishing a new output ceiling inside the group, OPEC sources said.
Oil prices slip as Iraq raises exports
Oil prices edged lower toward $49 a barrel on Monday as Iraq raised its crude exports target ahead of an OPEC meeting while Canadian production was set to restart after huge wildfires.
After six years' austerity, Greeks feel no joy from new debt deal
Greece's government trumpeted a debt relief deal with other euro zone countries on Wednesday as the beginning of the end of its bruising six-year financial crisis but Greeks remained skeptical and markets were cautious.
Egypt must work harder to revive tourism after EgyptAir crash
Egypt will have to work 10 times harder to revive its tourism industry, Tourism Minister Yehia Rashed said on Sunday, after a series of setbacks including the crash of an EgyptAir flight into the Mediterranean three days ago.
Iran has no plans to freeze oil exports, official says ahead of OPEC meeting
Iran has no plans to freeze the level of its oil production and exports, Deputy Oil Minister Rokneddin Javadi was quoted on Sunday as saying, as the country tries to raise its crude exports to pre-sanctions levels.
Global PE firms find sweet spot in Japan's food sector
From sushi to bean sprouts to mushrooms, global private equity firms are dining on Japan's thriving restaurant scene as they wait for the country's notoriously slow conglomerates to restructure and reverse a slump in major deals.
China's Geely cars think big with Volvo makeover
The Briton who smoothed out Volvo's boxy lines and put signature radiator grilles on Lincolns for Ford is aiming to give China's Geely range global appeal by ditching its utilitarian image.
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