DUBAI (Reuters) - Saudi Arabia’s government is changing the way it procures goods and services to save money, make the process fairer and aid local suppliers, the Finance ministry said on Sunday. The ministry, responsible for allocating tens of billions of dollars each year to keep...
(Reuters) - Hurricane Nate had curtailed 92 percent of U.S. Gulf of Mexico oil output and up to 3 percent of refining capacity on Saturday as it sped toward energy facilities in the central U.S. Gulf Coast that largely were spared by Hurricane Harvey’s wrath nearly six weeks ago. The...
New revelations from a probe into ties between Daesh (ISIS) and Lafarge cast light on why the French cement giant was desperate to stay in Syria and the price it was prepared to pay. To ensure protection of its staff, Lafarge Cement Syria paid between $80,000 and $100,000 a month to various...
The U.S. Commerce Department on Friday notched up proposed trade duties on Bombardier Inc CSeries jets to nearly 300 percent, affirming Boeing Co’s complaint that the Canadian company received illegal subsidies and dumped the planes at “absurdly low” prices. The decision...
