SYDNEY: Volkswagen has agreed to pay up to A$127 million (US$87.3 million) to settle multiple class action suits brought by Australian motorists over a diesel emissions cheating scandal, the parties' lawyers said Monday (Sep 16). The German car giant, which owns brands ranging from luxury Audi to ...
JOHOR BAHRU: Tourist arrivals in Johor have remained steady despite the haze, Malaysian officials said on Sunday (Sep 15). Arrivals in Johor, particularly from Singapore, have remained high, and there have not been complaints about tourists falling ill because of the haze, said State Tourism ...
WASHINGTON: US President Donald Trump said on Sunday (Sep 15) that the United States was “locked and loaded” for a potential response to the attack on Saudi Arabia’s oil facilities, after a senior official in his administration said Iran was to blame. Trump also authorized the use of the ......
SHANGHAI: Chinese Premier Li Keqiang said it is “very difficult” for China’s economy to grow at a rate of 6 per cent or more because of the high base from which it was starting and the complicated international backdrop. The world’s second-largest economy faced “certain downward pressure” due to ...
LONDON: The strike on the heartland of Saudi Arabia’s oil industry, including damage to the world’s biggest petroleum-processing facility, has driven oil prices to their highest level in nearly four months. Here are some facts about the impact on oil supply and spare capacity: WHY IS IT SO ...
Dream Global Real Estate Investment Trust said on Sunday it is to be bought by funds managed by Blackstone Group Inc in a CUS$6.2 billion (US$4.69 billion) deal.
WASHINGTON: The attack on Saudi Arabia's oil facilities on Saturday that has threatened global oil supplies came from a direction indicating that Iran was behind it, and cruise missiles may have been the weapon of choice, according to a senior US official. The comments added heft to Washington’s ...
U.S. motorists most likely to feel the hit from rising gas prices following the attacks on Saudi Arabia's oil facilities are on the West Coast, which accounts for nearly half of all of U.S. crude imports from the kingdom.
SYDNEY: Oil prices surged to six-month highs on Monday (Sep 16) while Wall Street futures turned lower and safe haven bets returned after weekend attacks on Saudi Arabia's crude facilities knocked out more than 5 per cent of global oil supply. US crude futures jumped 15 per cent to the highest...
China had no say in the formulation of today’s prevailing multilateral rules and structures, but it has generally adhered to them, says Xizhou Zhou.
