Business Blog

Saudi Arabia to hike oil output above 10 million barrels per day in April after OPEC+ deal collapse

Saudi Arabia, the world's top oil exporter, plans to raise its crude oil production significantly above 10 million barrels per day (bpd) in April.

Copyright

© Zawya.com

  339 Hits

Saudi Aramco shares fall below IPO price for first time, Gulf stocks plummet after OPEC deal failure

Saudi Arabia, Abu Dhabi, Dubai and Kuwait indexes were all trading significantly lower following Sunday's market open.

Copyright

© Zawya.com

  330 Hits

Virus-hit cruise ship off California's coast will dock in Oakland

Copyright

© Zawya.com

  313 Hits

Italy announces quarantine affecting quarter of population

Prime Minister Giuseppe Conte signed a decree after midnight that imposes restrictions to the movement of people in the region of Lombardy and in at least 15 provinces, home to more than 16 million people.

Copyright

© Zawya.com

  364 Hits

Salesforce asks employees in California to work remotely in March due to coronavirus

Salesforce is San Francisco's largest private employer, with more than 7,000 employees in the city.

Copyright

© Zawya.com

  357 Hits

New York declares state of emergency over coronavirus outbreak

Gov. Andrew Cuomo declared a state of emergency on Saturday as the number of confirmed coronavirus cases in New York increased to 89.

Copyright

© Zawya.com

  336 Hits