Oil prices fall on Monday
Oil prices fell on Monday, wiping out last week’s gains, after Russia resumed crude loadings at the Novorossiysk…
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U.S Sanctions
Oil prices jump 3% on Thursday
Oil prices climbed 3 per cent on Thursday after India began reassessing Russian crude purchases in response to…
Syria ships first oil cargo in 14 years
Syria has restarted oil exports for the first time in 14 years, sending a 600,000-barrel cargo of heavy crude from…
Venezuela raises taxes, fees to offset 30% oil revenue drop
Venezuela is increasing taxes and public service charges on private businesses to compensate for a predicted 30 per…
BAIC’s EV brand to launch first Huawei-backed sedan in ’24
BAIC BluePark New Energy Technology, the electric vehicle arm of Beijing Automotive Group (BAIC), is set to launch…
Polymetal Intl. agrees to sell Russian assets at $3.69 bln
Polymetal International for precious metals announced on Monday that it had reached a $3.69 billion agreement to…
Nvidia’s China-specific AI chip to match Huawei’s pricing
Nvidia initiated pre-orders for a new AI chip tailored for China, with distributors setting its price to match a…
Huawei revenues hike by 4.8% to $24.7 bln in Q2 of 2023
Chinese tech giant Huawei announced on Friday its second-quarter overall revenue which grew by 4.8 percent…
Huawei announces half profit drop in Q1 of 2023
Chinese tech giant Huawei announced on Friday its profits of the first quarter of 2023, which saw a continue to…
Cuba lifts bank cash deposits in US dollars ban
Cuban banks are going back to accept cash deposits in U.S. dollars, as the Central Bank of Cuba (BCC) has lifted a…