Cryptocurrencies were jittery and groping for a floor on Wednesday, after a sharp and broad drawdown when nerves about the stability of exchange FTX turned to a rush of withdrawals and ultimately a bailout deal from bigger rival Binance.
The producer price index (PPI) fell by 1.3 percent on-year in October, according to the National Bureau of Statistics (NBS), pushing it into negative territory for the first time since December 2020.
Oil prices were mostly unchanged in early trade on Wednesday, after sliding 3% in the previous session on worries about demand stalling on potential new lockdowns in top oil importer China as COVID-19 cases rebound.
UAE President Mohammed bin Zayed al-Nahyan said the country will remain focused on reducing the carbon impact of its fossil fuel output.
Renault SA and China's Geely have agreed to launch a new, equally held joint-venture that will supply gasoline engines and hybrid technology to the brands they own and other automakers, the two companies said in a statement.
Oil prices were little changed early on Tuesday as supply worries offset recession fears and China's commitment to its zero-COVID policy.
Polls show Republicans are likely to win at least one house of Congress -- and some see the prospect of further Washington gridlock as a scenario that could lessen the risk of policy uncertainty.
The strike has exacerbated the woes facing the troubled national carrier, which has been running losses for years, despite the government pumping in millions of dollars to keep it afloat.
Saudi Arabia suspended the issuance of visas to Filipino workers in December 2021.
During the COP26 climate summit last year, the government boldly promised to end the construction of new coal plants and phase out the dirtiest of those already running, even as energy demands soar in the manufacturing powerhouse.
Oil prices fell more than 2% at the start of Asia trade on Monday after Chinese officials on the weekend reiterated their commitment to a strict COVID containment approach, dashing hopes of an oil demand rebound at the world's top crude importer.
Apple Inc expected on Sunday lower shipments of high-end iPhone 14 models than previously anticipated, hit by a significant production cut at a major plant in China affected by COVID-19 restrictions.
One whiff of a fragrance is all Syrian perfumer Mohammad al-Masri needs to recreate the scent of a luxury brand -- without the label and for a fraction of the cost.
Despite being an oil-producing nation, Nigeria has been facing an unprecedented financial crisis due to theft and underinvestment in the energy sector
Moelis & Co. has been tapped as a financial adviser, and ADNOC may mandate more banks for the listing
Riyadh's efforts to build an economy that is not dependent on oil include a shift towards mining to explore the country's untapped reserves of resources from copper to phosphate and gold.
Deliveries of U.S. crude oil to Asia are set to touch a record 1.8 million barrels per day this month, Kpler shipping data showed, as demand climbed on a widening discount to global oil.
The new partnership was announced at the Abu Dhabi International Petroleum Exhibition and Conference.
Europe's drive to build a homegrown electric vehicle battery industry is hitting roadblocks as investors shy away from giving startups sufficient funding to challenge the Asian companies that dominate the market.
The IPO would start from Nov. 14 to Nov. 21 for retail investors in the UAE and Saudi Arabia, and Nov. 14 to Nov. 22 for institutional investors in both the countries.
Euro-zone manufacturing activity this month hit its weakest level since May 2020, signaling Europe was heading for a recession.
The two firms said in a joint statement that they would work together to develop Lotte's online business in South Korea.
Ukraine now has 20,000 of the little white dishes hidden away across the war zone.
Aramco's net income rose to $42.4 billion for the three months to Sept. 30 from $30.4 billion a year earlier, it said in a regulatory filing.
For the foreseeable future, macroeconomics remain the driver of a market that remains highly speculative in nature.
Saudi Arabia's gross domestic product expanded by 8.6% in the third quarter compared with the same period in 2021, according to initial government estimates on Monday, as the world's top oil exporter benefits from higher energy prices.
The United Arab Emirates' energy minister said on Monday that OPEC+ was always willing to balance crude oil markets if needed, and that if consumers require its help, the alliance of top producers was "only a phone call away".
Spanish gas regulator Enagas says the backlog at ports is expected to last at least until this week.
The Bitcoin blockchain maintains a decentralized and secure transaction record.
Britain is prioritising reaching a free-trade agreement with India, its foreign minister told Reuters on Saturday in his first visit to the country, but declined to give a new deadline after missing one this month.
