Oil giant Saudi Aramco on Sunday posted a 21% decline in 2019 net profit due to a drop in oil prices and production, and said it plans to “rationalize” capital spending in the wake of the coronavirus outbreak.
News ID: 8736 Publish Date : 2020/03/15
Several coal export ports in Queensland, including the major coking coal port of Dalrymple Bay Coal Terminal (DBCT), have resumed operations over the weekend after disallowing loading and berthing last week because of heavy rains and turbulent seas.
News ID: 8730 Publish Date : 2020/03/16
China's economic activity slowed sharply during January-February as a result of the coronavirus outbreak, but the country's national bureau of statistics (NBS) said second-quarter activity should pick up significantly.
News ID: 8729 Publish Date : 2020/03/16
The Spanish government has said it will intervene in fuel networks and requisition property if needed to prevent supply disruptions during a national lockdown to battle the spread of coronavirus.
News ID: 8728 Publish Date : 2020/03/16
The Bureau of International Recycling (BIR) has postponed its global convention scheduled for May amid growing concerns over the coronavirus pandemic.
News ID: 8726 Publish Date : 2020/03/16
Iranian President Hassan Rouhani underlined the government’s supportive measures for the businesses which have sustained financial losses due to the coronavirus epidemic.
News ID: 8724 Publish Date : 2020/03/15
The Ministry of Economy has sent requests to multilateral development banks, in which Iran is a member, for financial and non-financial assistance for controlling, combating and treating the coronavirus.
News ID: 8719 Publish Date : 2020/03/14
The coronavirus pandemic has stoked concerns of a global economic recession as it spreads across the world, igniting one of the sharpest oil price plummets in the last 30 years and causing the biggest stock plunge on Wall Street since the stock market crash in 1987.
News ID: 8717 Publish Date : 2020/03/14
The Governor of the Central Bank of Iran said he has asked the International Monetary Fund for a $5 billion loan that would help the country deal with the outbreak of COVID-19, saying the IMF’s response will be a litmus test for claims about relief aid for containing the disease.
News ID: 8708 Publish Date : 2020/03/12
Iranian Vice-President and Head of the Management and Planning Organization (MPO) Mohammad Baqer Nobakht announced on Saturday that the government has several plans to help low-income classes as well as businesses which have been negatively affected by the coronavirus epidemic in the countr
News ID: 8706 Publish Date : 2020/03/14
Ice Brent crude futures fell on renewed pessimism over the global demand outlook as the World Health Organisation (WHO) officially declared the coronavirus outbreak a pandemic.
News ID: 8702 Publish Date : 2020/03/12
The Italian government has imposed extended restrictions aimed at preventing the further spread of the coronavirus outbreak, including measures that could reduce transport fuel demand.
News ID: 8701 Publish Date : 2020/03/12
The Kuwaiti government is suspending all commercial flights in and out of Kuwait International Airport (KIA) as of midnight tomorrow until further notice in an effort to contain the spread of the coronavirus.
News ID: 8700 Publish Date : 2020/03/12
India's plans to add more coal-fired power plants and grow its renewable energy portfolio is facing a threat from the coronavirus outbreak, which has hit manufacturing and put further pressure on the economy.
News ID: 8699 Publish Date : 2020/03/12
Norwegian airport operator Avinor is considering closing several airports in order to curb the spread of the coronavirus outbreak, it told Argus.
News ID: 8698 Publish Date : 2020/03/12
Ferrous scrap and finished steel traders expect Vietnam's efforts to contain the coronavirus will reduce its import demand, or at least send prices lower to sustain it.
News ID: 8697 Publish Date : 2020/03/12
Sanctions-hit Iran has asked the IMF for an emergency loan to help it battle the coronavirus pandemic.
News ID: 8694 Publish Date : 2020/03/12
On the day the WHO declared coronavirus a global pandemic and the Dow was down 1,300 points, CNBC's Jim Cramer reminded investors that it is not too late to get into gold.
News ID: 8688 Publish Date : 2020/03/11
Opec has slashed its forecast for 2020 global oil demand growth again to reflect the effect of the coronavirus outbreak on consumption, and it expects further downward revisions.
News ID: 8683 Publish Date : 2020/03/11
European buyers are asking Italian hot-rolled coil (HRC) suppliers to ship material earlier than originally contracted, as they are concerned that production and logistics could come to a stop given the country's increasingly strict coronavirus quarantine measures.
News ID: 8679 Publish Date : 2020/03/11