Business

On October 29, one week before the U.S. imposed sweeping economic sanctions against Iran, flag carrier Iran Air dispatched 11 international flights. Two weeks later, a U.S. ban on the airline firmly in place, it […]

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Fitch Ratings has affirmed the growth of the Kingdom of Saudi Arabia’s economy at ‘A+’ with a Stable Outlook. The affirmation of the ratings and Outlook were welcomed by the Saudi Ministry of Finance, Asharq […]

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A bilateral pact is being drafted by China and Russia to boost the use of their national currencies in bilateral and international trade, underlining their intent to cut their reliance on the American dollar, The […]

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Philip Morris International Inc. (NYSE:PM) rose 0.17% this week, a trend that has led to both investors and traders taking note of the stock. Over the past year, the equity price has embarked on a […]

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The beleaguered bunker supplier has not filed an appeal against the delisting after the New York Stock Exchange signaled its intention two weeks ago to remove Aegean stock, Bunker Spot informed. Announcing its decision, the […]

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Philip Morris International Inc. (PM) stock price traded with surging change along with the volume 6.28 million shares in Thursday trading session. Shares are trading price at $85.83 with a move of 0.39%, Top Desert […]

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Aegean Marine Petroleum Network Inc said on Tuesday it has received a $681 million “stalking horse bid” by Swiss commodities trader Mercuria Energy Group Ltd. The proposal has been filed with the U.S. bankruptcy court […]

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Inventories of crude in the U.S. rose by 10.3 million barrels in the week ended November 9, the Energy Information Administration said on Thursday. However, the build was offset by draws to product stocks including […]

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Philip Morris International will open a flagship store in Johannesburg as it tries to stoke demand in Africa for its alternative cigarette known as iQOS, which heats rather than burns tobacco to give users their […]

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Shares of Philip Morris International Inc. (NYSE:PM) recorded -1.77% loss during trading session on November 13th, 2018. The script traded as low as $86.31 and last traded at $86.40. 6.98 million shares changed exchanged hands […]

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Texas Permanent School Fund decreased its position in shares of Philip Morris International Inc. (NYSE:PM) by 8.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange […]

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Global energy trading businesses are set for a new wave of consolidation as rising interest rates and high oil prices compress already thin profit margins, said Mercuria, one of the world’s biggest oil traders, Reuters […]

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An early winner from the latest round of Iranian sanctions is emerging: Russia, the Wall Street Journal reported. The U.S. began enforcing a tough new slate of economic restrictions against Iran on Monday, including a […]

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The United States and India have been locked in a complicated trade game for some time now, with the two countries imposing tariffs on each other’s products. In the latest development, India is to decide […]

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A U.S. broadcasting company based in Florida is suing the Department of Justice for requiring that the media company register as a foreign agent under the Foreign Agents Registration Act (FARA), according to Newsweek. RM […]

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Russian businessmen are ready for wide-scale cooperation with U.S. colleagues, including the high technology sector, Russian Deputy Foreign Minister Sergey Ryabkov said in a late-night political show on Channel One TV on Wednesday. “I want […]

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The Governor of the U.S. state of Utah Gary Herbert has voiced his support for the concept of establishing a high-level regional business commission between Russia and the U.S., Russia’s ambassador to Washington Anatoly Antonov […]

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President Donald Trump’s surprise call to cut middle-income families’ taxes by 10 percent could mean that top earners would benefit by the move as well, Bloomberg informed. It’s still unclear how Trump will propose to […]

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OPEC is struggling to add barrels to the market after agreeing in June to increase output, an internal document seen by Reuters showed, as an increase in Saudi Arabia was offset by declines in Iran, […]

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Mobile telecom gear maker Ericsson announced on Thursday that it has dismissed 50 people over a U.S. corruption probe that could lead to a financial penalty, Reuters informed. The Swedish company has previously said that […]

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