RIO DE JANEIRO: Oil executives and government officials were ebullient Friday following the conclusion of a major oil auction in Brazil, where a yearlong effort to lure foreign investment into the energy sector appeared to have paid off.
Brazil auctioned off six of eight exploration blocks on offer, receiving commitments from oil majors to pay $1.88 billion in signing bonuses.
KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...
Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...
Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s...
More than 80 kilograms of cocaine was found on a Martinair Cargo plane in Argentina. Seven men, three of whom...
