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Opec moves towards output cap extension as meeting commences

01 Jul 2019

Opec and its oil-producing allies shifted on Monday towards extending their daily output caps, sending oil prices racing higher before the outcome of the group’s official gathering. Ministers from...

Trump confirms won't impose new tariffs on China

29 Jun 2019

The United States will not impose any new tariffs on China for now, President Donald Trump said on Saturday after high-stakes talks with his Chinese counterpart on the bruising trade...

IMF Lagarde urges G20 members to reduce tariffs, trade barriers

29 Jun 2019

International Monetary Fund Managing Director Christine Lagarde on Saturday urged G20 policymakers to reduce tariffs and other obstacles to trade, warning that the global economy had hit a “rough patch”...

US, China agree tentative trade truce ahead of G20 summit: SCMP

27 Jun 2019

The United States and China have agreed to a tentative truce in their trade dispute ahead of a meeting between leaders of the two nations at the G20 summit this...

US Secretary of State Mike Pompeo meets Prime Minister Modi

26 Jun 2019

US Secretary of State Mike Pompeo met Prime Minister Narendra Modi on Wednesday morning in his country's first high-level engagement with India after Modi returned to power with a thumping...

Pompeo set for talks in ‘tariff king’ India

26 Jun 2019

When US Secretary of State Mike Pompeo sits down with India’s prime minister on Wednesday he will be trying to chart a path that keeps the Asian ally onside politically...

LNG producers expect cost risks

25 Jun 2019

Construction delays and cost blowouts could hit the next wave of liquefied natural gas (LNG) projects as there are a limited number of contractors able to handle the huge projects,...

US, Mexico hammer out deal to curb migration, avoid tariffs

08 Jun 2019

The United States and Mexico reached an 11th-hour deal late on Friday to crack down on migration from Central America, with President Donald Trump relenting on threats to slap potentially...

India heading for higher tea production this year

07 Jun 2019

India’s tea production up 12 per cent in the first quarter of 2019 and the country is heading for higher tea production in calendar year 2019, going by the trend...

IndiGo expands operation with 2 new routes

07 Jun 2019

IndiGo commenced two new daily direct flights from Delhi and Mumbai to Abu Dhabi yesterday. The inaugural flight from Indira Gandhi International Airport (DEL) in Delhi to Abu Dhabi took...

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