Search For Keyword.

Search (working)

Gulfsands sets out plan for return to Syria

Sanctions in Syria have driven oil production underground, but one company has set out plans to tackle the problem. Gulfsands Petroleum owns a 50% stake in Block 26, where its interests pre-date the war. While sanctions prevent the company from operating in the area, other entities do not...

Job cuts in tech sector spread, Microsoft lays off 10,000

Microsoft is cutting 10,000 workers, almost 5% of its workforce, joining other tech companies that have scaled back their pandemic-era expansions. The company said in a regulatory filing Wednesday that the layoffs were a response to “macroeconomic conditions and changing customer...

Asian shares mixed after biggest Wall St retreat of the year

TOKYO (AP) — Asian shares were trading mixed Thursday, as investors grew cautious after Wall Street's biggest pullback of the year. Shares dipped in Tokyo, but rose in Seoul and Sydney, where they recouped earlier losses by late morning. Hong Kong shares were slightly lower, while Shanghai...