run Kuwait Airways cancelled more flights Sunday as a strike by workers calling for better pay went into a second day, in the latest round of industrial action to hit the country.
The carrier was forced to cancel seven flights Sunday, spokesman (...)
Legendary former Penn State football coach Joe Paterno, fired in November after 46 years as head coach in the wake of a child sex abuse scandal involving an assistant, died Sunday, his family said in a statement.
“He died as he lived,” his family (...)
led oil company Petrobras said Friday it will produce more than any other publicly listed oil company at 6 million barrels of oil equivalent a day in 2020, 10 percent more than its previous estimate.
The expanded production estimate, presented by (...)
US President Barack Obama laid down his clearest markers to date on compromises Israel and the Palestinians must make for peace but his stance is unlikely to yield serious talks, let alone an agreement, any time soon.
There was something for each (...)
controlled Rosneft agreed to a share swap under which they plan to jointly explore for offshore oil and gas in a deal that gives the UK company access to areas of the Arctic previously reserved for Russian oil companies.
BP, recovering from its (...)
run firms have withdrawn their sponsorship of the Delhi Commonwealth Games due to “negative publicity” of the event stemming from allegations of graft and mismanagement.
The Games, through which India hopes to showcase its growing global clout, is (...)
run Oman Oil Company (OOC) is in talks with Oman's Ministry of Oil and Gas to take on an exploration block ceded by Britain's BG Group, a senior Omani oil official said on Sunday.
Like most of its Gulf neighbors, Oman is short of the gas it needs (...)
run Chinaoil has sold two gasoline cargoes for April delivery to Iran, industry sources said Wednesday, stepping into a void left by fuel suppliers halting shipments under threat of US sanctions.
Beijing, which has close economic ties with Tehran, (...)
linked indebted conglomerate Dubai World intends to ask creditors for a six-month standstill on $22 billion in debt this month, until it completes restructuring, an Arabic-language daily said on Wednesday.
According to a report published in the Al (...)
run Saudi Arabian Mining Co (Maaden) and U.S. aluminum giant Alcoa agreed on Sunday to build a $10.8 billion aluminum complex in the Kingdom, targeting the Middle East from 2013.
Under the deal, the companies form a joint venture to set up a 1.8 (...)
Nowhere in the United States has more doctors at its beck and call than White Plains, one of the wealthiest cities in the nation.
Doctors have been flocking to the area and surrounding Westchester County since the 1970s, drawn in part by an (...)
A PALESTINIAN state, Hillary Clinton said on Tuesday, is in Israel's best interests.
Many Israelis, not least supporters of the likely incoming government, do not see it that way. And many Palestinians are giving up hope that continuing the (...)
owned Philippine National Oil Co (PNOC) said it will not exercise its preemptive right on the $550 million sale of Saudi Aramco's 40 percent stake in oil refiner Petron to investment fund Ashmore Group.
PNOC also holds 40 percent of Petron and has (...)