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MILAN: Prime Minister Mario Draghi has put climate change at the heart of his plans to run Italy by creating a superministry to ensure a transition to green energy drives recovery and makes full use of European Union funds.
TRIPOLI: Libya’s crude production will rise above one million barrels a day in the next four weeks after the nation reopened the last of its oil ports, according to the state energy firm.
REVIEW: The political turmoil on the domestic scene exacerbated the bearish mood on Bursa Malaysia even as the Covid-19 health crisis crept its way across the globe.
KUALA LUMPUR: Tun Dr Mahathir Mohamad had on Thursday unveiled the RM20bil stimulus package to offset the fallout from the Covid-19 coronavirus.
KUALA LUMPUR: The ringgit extended its downtrend against the US dollar at the opening today as the country’s political uncertainty drags on amid reports of a unity government in the works and calls for a snap election, analysts said.
KUALA LUMPUR: Some mild buying of Tenaga Nasional, Maybank and IHH Healthcare on Tuesday after the selldown the previous day enabled the key FBM KLCI to close above the key 1,500 level.
BRUSSELS: The European Union is being battered by a perfect storm of crises that threaten to rip apart the peaceful and prosperous 28-nation bloc that rose from the ashes of World War II. It is grappling not only with the threat of a British exit, or “Brexit,“ but also with an unprecedented migrant influx, continued fallout from the debt crisis and an array of security threats, both domestic and foreign.
SINGAPORE: Gold was trading close to a three-month peak on Wednesday, boosted by a second straight day of inflows into the top bullion-backed fund, while platinum held sharp overnight gains to trade at a near 10-month high on supply worries.
KATHMANDU: Apart from a small bust of Chairman Mao beside his armchair, Nepali Prime Minister Baburam Bhattarai flaunts no trappings of his revolutionary past: these days he talks of foreign investment, infrastructure projects and double-digit growth.