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  • Kuwait signs $4.4-bn airport project with Turkish firm

    Kuwaiti Public Works Minister Ali al-Omair, pictured on November 3, 2015, signed a $4.4-billion contract to build a new airport terminal that will raise capacity at the nation's only airport to 25 million ...

  • A Airbus logo is pictured on the company booth during the European Business Aviation Convention & Exhibition (EBACE) at Cointrin airport in Geneva

    Airbus (AIR.PA) is sticking to 2016 delivery targets despite a slow start caused by supplier problems, but is having to fall back on an older version of its best-selling jet to make up for delays in the A320neo, executives said. Deliveries fell 7 percent in the first quarter after problems at engine manufacturer Pratt …

  • May 30(Reuters) - Following are Indonesian prices for crude palm oil (CPO) quoted at an auction by PT KPB Nusantara (formerly known as the state marketing centre) on Monday. Buyer Volume Price Terms (tonnes) ...

  • The Oklahoma wheat harvest has begun in parts of the state and grain elevator operators are optimistic that the crop will be the best in several years. The Oklahoma Grain and Feed Association has estimated ...

  • Stronger economy lets ECB kick back, let stimulus work Associated Press - 1 hour 35 minutes ago
    Stronger economy lets ECB kick back, let stimulus work

    Europe's economy is finally showing signs of increasing strength, after years of sluggishness and false starts. And that means the European Central Bank likely won't have to step up its ongoing 1.74 trillion-euro ...

  • North Dakota ballot measure pits family vs. corporate farms Associated Press - 2 hours 0 minutes ago

    North Dakota's hog and dairy industries are hoping voters will bless state lawmakers' decision to allow non-family corporations to own operations, but it could be a tough sell in a state that has safeguarded ...

  • Experimental installations put the social in social science Associated Press - 2 hours 12 minutes ago
    In a Friday, May 27, 2016 photo, Joe Martinez reads over information about a container outfitted with video conference electronics that is part of an art installation at Military Park in downtown Newark, N.J. The portal allows people inside a container to communicate to people in containers in other cities across the world. (AP Photo/Julio Cortez)

    NEWARK, N.J. (AP) — The truck-size metal container sitting in a downtown park here isn't meant to raise awareness about the global shipping industry, though it may nudge some people's curiosity in that direction.

  • Crude oil drips from a valve at an oil well operated by Venezuela's state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas

    Oil prices edged lower towards $49 a barrel on Monday as Iraq raised its crude exports target ahead of an OPEC meeting while Canadian production was set to restart after huge wildfires. Attention turned to a meeting of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna on Thursday, though most analysts …

  • The Reserve Bank of India (RBI) seal is pictured on a gate outside the RBI headquarters in Mumbai

    The Reserve Bank of India (RBI) has capped weekly dollar purchases by oil refiners to pay off their debts to Iran in order to avoid pressure on the rupee, three sources said on Monday. India is one of the biggest buyers of Iranian crude and built up a payments backlog when Iran was under Western sanctions, with its refiners …

  • * Weaker ringgit lends support to market * Palm targets 2,634 ringgit - technicals * U.S. mkts closed for Memorial Day holiday (Updates latest prices) By Emily Chow KUALA LUMPUR, May 30 (Reuters) - Malaysian ...

  • Noble Groups Chief Executive Officer Yusuf Alireza speaks during a news conference after meeting with investors in Singapore

    Noble Group's CEO Yusuf Alireza quit on Monday, a surprise move that comes just weeks after he secured crucial financing for Asia's biggest commodity trader and raises questions about its future strategy. The embattled company named its president William Randall, and Jeff Frase, global head of oil liquids, as co-CEOs and …

  • An offshore oil platform is seen at the Bouri Oil Field off the coast of Libya

    Oil prices dipped to around $49 a barrel on Monday as Iraq raised its crude exports target ahead of an OPEC meeting while Canadian production was set to restart after huge wildfires. Attention turned to a meeting by the Organization of the Petroleum Exporting Countries (OPEC) in Vienna this week, although most analysts …

  • Gold bars are seen at the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna

    Gold fell below $1,200 for the first time in more than three months on Monday, as the dollar hit its highest since end-April against the yen after U.S. Federal Reserve chief Janet Yellen said the central bank should raise interest rates. The Fed should increase interest rates "in the coming months" if the economy picks …

  • The logo of SOCAR Energy Switzerland is seen on a filling station in Bern

    ONGC Videsh (OVL) is set to make a foray into oil trading and has signed an initial pact with the trading arm of Azerbaijan's state energy company SOCAR, a source privy to the agreement said. OVL, the overseas acquisition arm of India's biggest explorer Oil and Natural Gas Corp (ONGC.NS), plans to initially sell its share …

  • Chairman of Reliance Anil Dhirubhai Ambani Group Ambani poses for picture in cockpit of An-170 aircraft during visit to Antonov aircraft plant in Gostomel outside Kiev

    NEW DELHI/MUMBAI (Reuters) - Anil Ambani's Reliance Group has never made a military helicopter, missile system or submarine in its history but that isn't stopping the Indian tycoon from seeking to win contracts to manufacture all of that military hardware and more. Known for taking some ambitious bets over the past decade, …

  • The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures fell at closing trade on Friday evening, weighed down ...

  • Ohio treasurer alleges governor killed online spending bill

    Ohio's treasurer is accusing the governor of killing a signature bill in 2014 that would have assured the future of his online database of government spending. The clash over Republican Treasurer Josh ...

  • Russian minister Novak says too early to write off OPEC Reuters - Sun, May 29, 2016 12:44 BST

    MOSCOW (Reuters) - Russian Energy Minister Alexander Novak believes that it is too early to write off OPEC despite internal differences within the group, he said on the ministry's Twitter feed. Novak also ...

  • Russian Energy Minister Novak speaks to journalists following news conference at Russia-ASEAN summit in Sochi

    MOSCOW (Reuters) - Russian Energy Minister Alexander Novak expects oil supplies to decline year on year on global markets in the second, third and final quarters of 2016, he said on Sunday on the ministry's ...

  • Lufthansa to suspend flights to Venezuela from June 17

    Teh German airline Lufthansa will suspend its flights to Venezuela from June 17 owing to the economic crisis in the country

  • Good vibrations: the Hollywood sex toys creating a buzz

    Workers remove sex toys from metal molds at the Doc Johnson factory in Los Angeles

  • In high-rise Hong Kong, fine wines lurk in British war bunker

    A personal wine collection being stored in a room at the Wine Vault in Hong Kong

  • Luxury brands struggle to attract Internet generation

    The huge pool of Millennial consumers grew up with the Internet, smartphones and a sharing economy in which owning things like cars is seen as almost unhip

  • A Lufthansa airline logo is pictured in Frankfurt airport

    German airline Deutsche Lufthansa AG (LHAG.DE) said on Saturday it will temporarily suspend flights to Venezuela as of next month due to economic difficulties in the South American nation and problems converting local currency into dollars. "We deeply regret that for these reasons, we will be forced to suspend our service …

  • Suriname lands $478M IMF loan to boost economic reform plan Associated Press - Sat, May 28, 2016 19:05 BST

    PARAMARIBO, Suriname (AP) — Suriname has landed a $478 million loan from the International Monetary Fund to boost an economic reform program amid a drop in commodity prices, becoming the second South American country to seek such a bailout in nearly a decade.

  • French govt keeps up tough line as petrol shortages ease

    A protester uses a tennis racket to return a tear gas grenade during a protest in Paris against government labour reforms

  • Putin blasts West on first trip to EU country this year Associated Press - Sat, May 28, 2016 03:24 BST
    Russian President Vladimir Putin stands at the entrance of the Greek prime minister's official residence in Athens, Friday, May 27, 2016. On his first trip to a European Union country this year, Putin sharply criticized western policy toward Moscow and called a newly-expanded U.S. missile defense system a threat to his country's security. (AP Photo/Petros Giannakouris)

    ATHENS, Greece (AP) — On his first trip to a European Union country this year, Russian President Vladimir Putin on Friday sharply criticized western policy toward Moscow, describing a newly expanded U.S. missile defense system as a threat to his country's security — and vowing to retaliate.

  • Next week to provide clues about Fed's, ECB's next steps Reuters - Sat, May 28, 2016 02:14 BST

    Next week will provide investors with clues as to how far the U.S. Federal Reserve is from its next interest rate hike and whether the European Central Bank will see out the year without easing its monetary policy again. Friday's U.S. jobs data will be the highlight of the week after some members of the Fed's Federal Open …

  • Poll finds Venezuela shortages to exceed 80 percent AFP - Sat, May 28, 2016 00:02 BST
    Poll finds Venezuela shortages to exceed 80 percent

    People line up to buy food and household items outside a supermarket in Caracas, Venezuela on May 27, 2016

  • Putin in Greek trip as EU sanctions talks loom AFP - Fri, May 27, 2016 22:46 BST
    Putin in Greek trip as EU sanctions talks loom

    Greek Prime Minister Alexis Tsipras (R) talks with Russian President Vladimir Putin during their meeting in Athens on May 27, 2016

  • Figures on government spending and debt Associated Press - Fri, May 27, 2016 22:20 BST

    Figures on government spending and debt in millions of dollars. The government's fiscal year runs Oct. 1 through Sept. 30.

  • Iowa Indian burial site possibility stalls oil pipeline Associated Press - Fri, May 27, 2016 21:59 BST
    Iowa Indian burial site possibility stalls oil pipeline

    The possibility of an American Indian burial site in northwest Iowa may require relocation of a crude oil pipeline route and delay the beginning of construction in Iowa, the only one of four states where ...

  • North European Oil Royalty posts 2Q profit Associated Press - Fri, May 27, 2016 21:31 BST

    On a per-share basis, the Red Bank, New Jersey-based company said it had net income of 23 cents. The oil and gas royalty company posted revenue of $2.3 million in the period. North European Oil Royalty ...

  • Oil pump jacks are seen next to a strawberry field in Oxnard

    Oil prices dipped for a second day in a row on Friday as some investors took profit on a surge to seven-month highs while others worried about higher production with the market hovering near $50 a barrel. The dollar spiked after Federal Reserve Chair Janet Yellen said a U.S. rate hike was probably appropriate in coming …

  • Gold bars are seen at the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna

    NEW YORK/LONDON (Reuters) - Gold slid 1 percent to a three-month low on Friday, extending losses after Federal Reserve Chair Janet Yellen indicated the U.S. central bank could raise interest rates within months if the economy continues to improve, boosting the dollar. "The economy is continuing to improve ... growth looks …

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