Middle East luxury sales fading as oil falls and tourism slows
Luxury sales are fading in the Middle East with the economic slowdown brought on by the oil price slump.
Wed May 18 2016
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
Shell reports profits plunge on oil price slump
Royal Dutch Shell on Thursday announced an 87-percent plunge in annual net profits on slumping oil prices, resulting in a reduction of some 10,000 of its staff.
Thu Feb 04 2016
Royal Dutch Shell to cut 6,500 jobs on oil price slump
Royal Dutch Shell on Thursday said it plans to reduce its headcount by 6,500 this year owing to sliding oil prices and as it looks to complete a mega takeover.
Thu Jul 30 2015
Oil price slump could cripple clean energy push - Experts
Falling oil prices could have a negative impact on global efforts to develop renewable energy sources, experts warned.
Sat Jan 17 2015
Managed float system gives flexibility to consumers to enjoy cheaper fuel
Analysts believe there is a strong possibility for the price of RON95 to be lower than its current subsidised retail price.
Fri Nov 21 2014
Who is Prabowo Subianto, incoming president of Indonesia?
A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'
The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel
Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?
The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office
Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21
Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say
Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death
Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence
Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end
Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024