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Business and Economy

Why US Acquired Scottish Technology Firm

The main reason why the Scottish technology firm, Petrotechnics, is currently under US ownership following its sale by shareholders including Chief Executive Phil Murray and...

Russia Strikes Deal With Saudi

Russia’s Direct Investment Fund (RDIF) is hammering out a deal to supply pumping equipment to Saudi Aramco, CEO Kirill Dmitriev told Russian media outlets. In...

3 Years After, China Industrial Profits Nose-dive

The profits of Chinese industrial companies dropped for the first time in almost three years, highlighting the effects of slowing economic growth, falling prices,...

IMF To Inject $7.6bn Into Argentine Economy Under SBA

An International Monetary Fund (IMF) mission led by Roberto Cardarelli has said that, subject to the completion of review of Argentina’s IMF supported programme...

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