Oil soars the most ever after attack cuts Saudi supplies
16 September 2019 |
10:58 am
Brent crude surged the most on record after a drone strike on a Saudi Arabian oil facility removed about 5% of global supplies. 10 unmanned aerial vehicles struck the world’s biggest crude-processing facility in Abqaiq and the kingdom’s second-biggest oil field in Khurais on Saturday. Riad Hamade reports on "Bloomberg Daybreak: Australia."
Related
4 days ago
Sendbox, a Nigeria-based e-commerce platform, has secured $1.8 million from a seed round led by 4Dx Ventures, Enza Capital, FJLabs, and Golden Palm Investments, bringing its total investment to $2 million.
2 days ago
Bild tabloid Editor-in-Chief Julian Reichelt was fired after The New York Times detailed misconduct toward female employees. The case is now making waves internationally.
4 days ago
Experts question whether Google's planned $1 billion investment in Africa stands to benefit the continent in the long term. Instead, some see it as another avenue for big tech companies to acquire budding start-ups.
3 days ago
It has been five years since the German government enacted the prostitution protection act. Lawmakers say it protects vulnerable people; many sex workers say it is discriminatory, stigmatizing and has increased risks.
4 days ago
Ghana's smock garment used to be reserved for royal use. These days, a flood of imported yarn has opened the market to near universal use, and the smock has become a Ghanaian clothing icon. Yet the country's collapsed cotton industry has left the financial fortunes of weavers and smock makers hanging by a thread.
4 days ago
New Zealand Prime Minister Jacinda Ardern announces a comprehensive in-principle free trade agreement with the UK, arrived at after 16 months of talks. London said the deal ends tariffs on British exports such as clothing, footwear, ships and bulldozers. It estimated that trade between the two countries last year was worth £2.3 billion ($3.2 billion, 2.7 billion euros).
1 day ago
The two sides seem worlds apart after the first day of discussions, which were intended to be about rising energy prices, but ended up being overshadowed by an increasingly bitter feud over the rule of law.
2 days ago
"Big John," as the dinosaur was nicknamed, went for millions above the initial estimate from French auction house Druot.
1 day ago
Germany is relatively new to the list of countries with a minimum wage. Now, government coalition talks are considering raising it without using the country's independent expert commission. There are pros and cons.
1 day ago
The head of the Fairtrade Foundation says consumers, businesses and governments need a ‘reality check’ on the situation facing farmers in developing countries. CEO Michael Gidney speaks to FRANCE 24 ahead of the COP26 climate conference, where Fairtrade will be bringing a pledge for businesses. In this pledge, companies will promise to invest in more sustainable supply chains and provide guaranteed prices to farmers.
9 hours ago
Luxembourg joins only two other countries and a handful of US states in decriminalizing the cultivation of cannabis for recreational use. However, Germany may not be far behind.
6 hours ago
A cocktail bar owner in Bangkok hopes fruity mocktails seasoned with Kratom, a recently decriminalised tropical herb, will help keep his business afloat amid a seven-month ban on alcohol service in the Thai capital. The city, once a popular nightlife spot, is under a curfew and bars, pubs and restaurants are prohibited from selling alcoholic drinks as part of coronavirus restrictions.
Latest
4 hours ago
A boy who was the only survivor of a cable car crash in the Alps must go back to relatives in Italy, an Israeli court has ruled. He has been the focus of a bitter custody battle since his grandfather took him to Israel.
4 hours ago
An investigation suggests that Facebook has selectively chosen what hate speech it wants to shut down in India. Whistleblower Frances Haugen's disclosures come as she is set to appear before British lawmakers.
5 hours ago
Rich nations must stop being greedy with vaccines if they want the pandemic to end, WHO chief scientist Dr. Soumya Swaminathan told DW. Sharing vaccines, tools, and treatments is the only way to stop new variants.
5 hours ago
Afghanistan's Taliban government launched a programme to tackle hunger on Sunday, offering thousands of people wheat in exchange for labour.
5 hours ago
Kenyan runner Agnes Tirop, a rising star in Kenya's athletics scene, was buried on Saturday (October 23) at a funeral attended by more than 1,000 people. Tirop was found stabbed to death in her home in the Rift Valley town of Iten on October 13, in an incident that has shone the spotlight on violence against women in Kenya. Her funeral was held on the day she would have turned 26, the Vicar presiding over her funeral service noted.
