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Saudi king says oil should be $75 per barrel

Cairo :: Egypt | 2 days ago | Business News

Posted by kalex

Saudi Arabia's king says the price of oil should be $75 a barrel, much higher than it is now, but his oil minister indicated Saturday that no measures will likely be taken until OPEC meets again next month. Saudi Oil...

50 news stories / 4 blog posts / 9 images / 5 videos / 0 voices

Somali pirates who hijacked a Saudi Arabian supertanker moved the ...

Mogadishu :: Somalia | 8 days ago | Business News

Posted by BiodunIginla

By Hamsa Omar and Nasreen Seria for Biodun Iginla, BBC News _______________________________________________________________________________ Nov. 23 -- Somali pirates who hijacked a Saudi Arabian supertanker moved the vessel from its location at the port city of Harardhere, after Islamist...

50 news stories / 2 blog posts / 25 images / 22 videos / 0 voices

World Economic Activity To Fall

Accra :: Ghana | 17 days ago | Business News

Posted by mufaza

Economic activity is projected to fall by 0.9 per cent in the United States next year as Organisation for Economic Cooperation and Development (OECD) countries enter a protracted slowdown, according to latest projections. That of Euro area would fall by...

47 news stories / 0 blog posts / 5 images / 0 videos / 0 voices

Shipowners seek blockage for Somali pirates, by Eagle for Biodun ...

Mogadishu :: Somalia | 7 days ago | Business News

Posted by BiodunIginla

Monday, November 24, 2008 To counter the increasing problem of Somali pirates, some ship owners are proposing that a blockade be established off the Somali coast, as set out here : A group of tanker owners has proposed a naval...

20 news stories / 1 blog post / 20 images / 29 videos / 0 voices

More airlines to collapse

Accra :: Ghana | 18 days ago | Business News

Posted by mufaza

More airlines are expected to collapse within the next few months due to the global financial crisis. Speaking with Business Day recently at Waterside, Heathrow, British Airways (BA) Chief Executive Officer, Willie Walsh therefore entreated airlines to come together to...

2 news stories / 2 blog posts / 14 images / 10 videos / 0 voices

Want a billion dollars? You can have it.

Harare :: Zimbabwe | 4 months ago | Business News

Posted by livewire

Zimbabwe's Central Bank Governor has revalued the state currency. Ten billion dollars will now equal one dollar. That is right he just shaved off an incredible ten zeros off the previous currency. The announcement comes on the heel of the...

17 news stories / 12 blog posts / 1 image / 13 videos / 0 voices

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