It’s tough to pay for an Olympics when 95% of your supposed “wealth” has vanished. In the modern era (1896-present), the Olympics have only been cancelled in wartime: 1916 ... Read More
The major natural gas reservoirs that have been discovered off the Mediterranean shores in recent years have made the region a focus of international interest. The past few months ... Read More
Samsung plans to launch a programme to sell refurbished used versions of its premium smartphones as early as next year, a person with direct knowledge of the matter told ... Read More
Iran has concentrated mainly on liquefied natural gas (LNG) in its plans for gas exports to Europe, Oil Minister Bijan Namdar Zanganeh announced. The Oil Ministry’s plans are rather ... Read More
The Cypriot oil and gas company will pay Delek $148.5 million for the two small Israeli gas fields. Cypriot energy company Energean Oil & Gas is to buy Israel’s ... Read More
Sales growth won’t meet previous target of at least 3% Occupancy, prices at RIU hotels rise on Spanish travel gains TUI AG, Europe’s largest tour operator, cut its forecast ... Read More
Whatever the world’s economic and market turbulence last year, one group has held up well: billionaires. The combined wealth of the world’s billionaires, defined as individuals with a net ... Read More
The British capital now ranks third behind New York and Hong Kong as the cities with the highest property values, according to luxury real estate broker Savills. The falling ... Read More
South Korea has suspended sales of most Volkswagen AG models in a fresh blow to the German automaker as it struggles to overcome the global repercussions of its emissions-test ... Read More
The number of foreign visitors heading to Turkey plummeted in June as sun-seekers shunned the troubled country amid terrorist attacks and political instability. In total, 2.4m tourists visited Turkey ... Read More
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