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Commodities 11 Aug 2017 | 12:00 AM

Glencore slashes debt to pursue acquisitions

LONDON: Glencore Plc built a war chest in the first half of the year, continuing to cut debt as the world’s largest commodities trading house prepares to ramp up acquisitions.

World 04 Aug 2017 | 8:35 PM

Russia's Alrosa searching for 16 miners missing after accident

MOSCOW (Reuters) - Rescue teams are searching for 16 workers missing in a mine owned by Russian diamond miner Alrosa after the pit flooded on Friday, the company said.

Business 19 Jul 2017 | 12:00 AM

Vitol drops plan to buy Gupta stake in S. African coal port

GENEVA: Vitol Group, the world’s largest independent oil trader, walked away from a deal to buy a stake in the Richards Bay Coal Terminal from a company controlled by South Africa’s Gupta family.

Economy 14 Jul 2017 | 10:58 PM

US$, bond yields dip on inflation data as stocks soar

NEW YORK: The dollar weakened and government bond yields fell to multi-week lows on Friday after a benign reading of U.S. inflation in June and soft retail demand raised doubts the Federal Reserve would increase interest rates later this year.

World 08 Jul 2017 | 1:29 AM

As Mosul battle ends, struggle over Iraq's future intensifies

ERBIL, Iraq (Reuters) - After almost nine months of fierce fighting, the campaign to recapture Mosul from Islamic State is drawing to a bitter end in the ruins of the city's historic quarter, but the struggle for Iraq's future is far from over.

World 06 Jul 2017 | 10:18 PM

Coal lines to South Africa terminal halted by violent protests

JOHANNESBURG (Reuters) - Rail operations that transport coal to South Africa's Richards Bay Coal Terminal (RBCT) have been halted because of violent community protests, state-run logistics group Transnet said on Thursday.

World 29 Jun 2017 | 3:59 AM

Moscow prepares retaliation for U.S. seizure of Russian diplomatic compounds

MOSCOW (Reuters) - Moscow is preparing retaliatory measures to Washington's decision to seize two Russian diplomatic compounds in the United States in 2016, Russia's foreign ministry spokeswoman said on Wednesday.

World 09 Jun 2017 | 5:53 PM

Russia may seize U.S. property if its own compounds not returned - Kommersant

MOSCOW (Reuters) - Russia may seize U.S. diplomatic property in Moscow and complicate life for an Anglo-American school unless Washington hands back two diplomatic compounds in the United States before July, the daily Kommersant newspaper reported on Friday.

World 07 Jun 2017 | 2:32 AM

Macron's government strikes firm tone as it unveils labour reform

PARIS (Reuters) - French President Emmanuel Macron's government showed its resolve to reform France's labour laws before the end of summer on Tuesday, warning unions that it intended to act swiftly.

Property 08 May 2017 | 4:38 PM

Real estate, utilities help FTSE outperform European markets

LONDON/PARIS: Britain's top share index edged higher on Monday, outpacing softer European markets following a widely expected win for centrist Emmanuel Macron in the French presidential election.