Tuesday 28 June 2016
 
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Turkey aims to triple trade with Iran to $30bn

Turkey aims to triple trade with Iran to $30 billion as quickly as possible after the lifting of economic sanctions made banking transactions with the country easier, Turkish Customs and Trade Minister Bulent Tufenkci said in an interview.

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Turkey aims to triple trade with Iran to $30bn

Turkey aims to triple trade with Iran to $30 billion as quickly as possible after the lifting of economic sanctions made banking transactions with the country easier, Turkish Customs and Trade Minister Bulent Tufenkci said in an interview.

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Iran oil exports on track for 4-1/2-yr high

Iran's oil exports are on track to hit the highest in almost 4 1/2 years in June, as shipments to Europe recover to near pre-sanctions level, according to a source with knowledge of the country's crude lifting plans.  

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Europeans view Islamic State as top threat

Europeans view the militant group Islamic State as the biggest threat facing their countries, ahead of climate change, economic instability and refugees, a survey by the Pew Research Center showed on Monday. Respondents in nine of

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80pc of oil deals with Europe operational: Iran

Some 80 per cent of Iran's oil contracts with Europe are operational, Iran's oil export chief said on Saturday according to the ministry's news agency Shana, adding Tehran was continuing talks with major European oil compani

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Kuwait raises July oil price for Asia, cuts in Europe

Kuwait set its July official selling price (OSP) for crude sales to Asia at $1.50 a barrel below the average of Oman/Dubai crude, up 30 cents a barrel from June, trading sources said on Thursday. This is the highest selling price

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Factories stuck in low gear on sluggish demand

Global manufacturing activity remained stuck in a rut last month with factory output from Asia to Europe barely improving as producers struggled to bring in new orders, surveys released on Wednesday showed. Speculation has hardene

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Cathay Pacific, Lufthansa form cargo network

The cargo division of Cathay Pacific Airways and Lufthansa Cargo, Europe's largest air cargo carrier, have formed a joint network Hong Kong and Europe, offering more direct connections, greater flexibility and time savings. Th

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Iran's oil exports surge 60pc from a year ago

Iran's oil exports are set to surge in May, climbing nearly 60 percent from a year ago, with European shipments recovering to about half of pre-sanction levels, according to a source with knowledge of the country's crude lifting plans.

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Smugglers made $5-6bn off migrants to Europe - Interpol

People smugglers made over $5 billion from the wave of migration into southern Europe last year, a report by international crime-fighting agencies Interpol and Europol said on Tuesday. Nine out of 10 migrants and refugees entering

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