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Arab rift deepens woes for Gulf airlines

Arab rift deepens woes for Gulf airlines

A bust-up between Arab powers has dealt a blow to supercarriers already hurt by low oil prices and laptop bans, exposing the sensitivity of Gulf hubs to regional uncertainty.
Wed Jun 07 2017
ExxonMobil profits plunge on low oil prices

ExxonMobil profits plunge on low oil prices

ExxonMobil reported Friday that second-quarter earnings plunged nearly 60 percent due to low oil prices and weak refining margins.
Fri Jul 29 2016
Qatar Airways profit jumps threefold

Qatar Airways profit jumps threefold

Qatar Airways said its net profit for the year ending March 31 rose sharply because of low oil prices and a cut in expenditure.
Tue Jul 12 2016
Moody's: Global banks' credit risks to low oil prices rising

Moody's: Global banks' credit risks to low oil prices rising

The deepening oil price slump will intensify pressure on banks globally, with those in major net oil exporting countries most exposed to credit risks in the near term.
Thu Feb 25 2016
Oil and gas industry: 'What will happen if I lost my job?'

Oil and gas industry: 'What will happen if I lost my job?'

In the midst of consumers enjoying low oil prices, those working in the oil and gas sector have been suffering a silent sorrow.
Mon Feb 08 2016
Ringgit opens lower against US dollar

Ringgit opens lower against US dollar

The ringgit opened lower against the US dollar today, reversing yesterday's trend on weaker demand due to renewed concerns over low oil prices.
Wed Dec 23 2015
Petronas braces for challenging times AS Q2 profit slips 47 percent

Petronas braces for challenging times AS Q2 profit slips 47 percent

Petronas is bracing for challenging times ahead with its pre-tax profit in the second quarter dented by 47 per cent and with no reprieve from the low oil prices seen in the near future.
Fri Aug 14 2015
Invest in cost-saving technologies, innovation - Najib

Invest in cost-saving technologies, innovation - Najib

Low oil prices at present should spur innovation, said Prime Minister Datuk Seri Najib Razak in urging renewable energy companies to invest in improving production methods.
Mon May 18 2015
China promises Latin America 'trustworthy' ties as Trump lays out demands

China promises Latin America 'trustworthy' ties as Trump lays out demands

Beijing looks to improve its foothold in a region historically under the US sphere of influence.
Thu Feb 20 2025
Major risks loom as Trump upends US Russia policy

Major risks loom as Trump upends US Russia policy

Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.
Thu Feb 20 2025
Pope Francis has double pneumonia, complicating his treatment, Vatican says

Pope Francis has double pneumonia, complicating his treatment, Vatican says

Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.
Thu Feb 20 2025
Philippines' VP Duterte challenges impeachment before Supreme Court

Philippines' VP Duterte challenges impeachment before Supreme Court

Sara Duterte makes her first legal move to fight the case that could lead to her removal and lead to a lifetime ban from public office.
Wed Feb 19 2025
Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

I feel so full of life, so much energy, because everything's new and I'm just focused on what is up ahead, Hamilton says.
Wed Feb 19 2025
UAE tells US' Rubio it rejects displacement of Palestinians

UAE tells US' Rubio it rejects displacement of Palestinians

The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.
Wed Feb 19 2025
Taylor Swift wins recording artist of the year crown for fifth time

Taylor Swift wins recording artist of the year crown for fifth time

The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.
Wed Feb 19 2025
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.
Wed Feb 19 2025
Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.
Wed Feb 19 2025
Sweden's top court rejects Greta Thunberg lawsuit on climate action

Sweden's top court rejects Greta Thunberg lawsuit on climate action

A court cannot decide that the parliament or the government must take any specific action, the Supreme Court says.
Wed Feb 19 2025