BAKU/DUBAI/LONDON (Reuters) – OPEC and allies led by Russia agreed on Sunday to a record cut in output to prop up oil prices amid the coronavirus pandemic in an unprecedented deal with fellow oil nations, including the United States, that could curb global oil... More »
LONDON (Reuters) – Deep oil output cuts by OPEC and other producing nations would not be enough to prevent a huge build in global crude inventories in the second quarter as measures to contain the coronavirus lead to “unprecedented” demand loss, the head of th... More »
DUBAI/LONDON/MOSCOW (Reuters) – OPEC and allies are working on a deal for an unprecedented production cut equivalent to around 10% of global supply, an OPEC source said after U.S. President Donald Trump called on oil nations to stop the oil rout caused by the ... More »
BAKU (Reuters) – Azerbaijan’s parliament on Monday formally asked President Ilham Aliyev to dissolve it and to schedule new parliamentary elections. The next election is not due until November 2021, but the president has the right to dissolve the parliament an... More »
DUBAI (Reuters) – Saudi Arabia plans to cut its crude oil exports in April to below 7 million barrels per day (bpd), while keeping its output “well below” 10 million bpd, a Saudi official said on Monday, as the kingdom seeks to drain a supply glut and support ... More »
BAKU (Reuters) – Formula One champion Lewis Hamilton has accused Ferrari title rival Sebastian Vettel of failing to play by the rules when leading behind the safety car in Sunday’s chaotic Azerbaijan Grand Prix. The Mercedes driver told reporters he would seek... More »
BAKU (Reuters) – Lewis Hamilton celebrated one of the luckiest wins of his career on Sunday after a crash-strewn and chaotic Azerbaijan Grand Prix that catapulted him into the lead of the Formula One world championship. The surprise victory, after team mate Va... More »
BAKU (Reuters) – Max Verstappen says he will drive faster but with more self-control after his costly collision with Ferrari’s Formula One championship leader Sebastian Vettel in China. The 20-year-old Red Bull driver blew a potential victory with a rash attem... More »
(Reuters) – Australian Formula One driver Daniel Ricciardo has never been known for ‘biting his lip’ when it comes to expressing his opinion, but one of the few times he did he ended up having minor surgery. The 28-year-old won the China Grand Prix two weeks a... More »
YEREVAN (Reuters) – Police in Armenia detained three opposition leaders and nearly 200 protesters on Sunday, drawing a rebuke from the European Union after demonstrators demanded newly appointed Prime Minister Serzh Sarksyan quit. Protesters accuse Sarksyan, 6... More »
Police officers block a road near the scene of a fire which broke out in a drug abuse treatment center in Baku, Azerbaijan March 2, 2018. REUTERS/Aziz Karimov BAKU (Reuters) – A fire killed at least 26 people in a drug abuse treatment center in Baku, the capit... More »
Formula One F1 – Japanese Grand Prix 2017 – Suzuka Circuit, Japan – October 7, 2017. Mercedes’ Lewis Hamilton of Britain celebrates pole position in qualifying next to Ferrari’s Sebastian Vettel of Germany. REUTERS/Toru Hanai ABU DHABI (Reuters) – Formula One’... More »
Germany crushed Azerbaijan 5-1 on Sunday with talented Leon Goretzka scoring twice, to complete a record-equalling World Cup qualifying campaign with ten wins out of ten matches. More »
When Israel's envoy told UNESCO delegates last July that fixing the plumbing in his toilet was more important than their latest ruling, it highlighted how fractious geopolitics are paralyzing the workings of the agency. More »
Britain Formula One – F1 – British Grand Prix 2016 – Silverstone, England – 10/7/16 Mercedes’ Lewis Hamilton celebrates with his team after winning the race Lewis Hamilton will head to Silverstone for this weekend’s British Grand Prix with the circuit as much ... More »
Formula One – F1 – Austrian Grand Prix 2017 – Red Bull Ring, Spielberg, Austria – July 7, 2017 Mercedes’ Lewis Hamilton during practice Reuters/Dominic Ebenbichler Triple world champion Lewis Hamilton put Mercedes on top of the timesheets in first practice for... More »
Public sector investors plan to raise exposure to real estate, infrastructure, green bonds and renewables over the coming year, while cutting holdings of low-yielding government bonds, an annual survey showed on Monday. More »
Portugal’s Salvador Sobral (C) celebrates with team after the Eurovision Song Contest 2017 Semi-Final 1 at the International Exhibition Centre in Kiev, Ukraine, May 10, 2017. REUTERS/Gleb Garanich The Portuguese and Armenian entrants for the 2017 Eurovision so... More »
The Formula One season starts in Australia on March 26, the first of 20 races. Race times are 1200 GMT unless stated. More »
FILE PHOTO – Oil and gas tankers sit anchored off the Fos-Lavera oil hub near Marseille, southeastern France, December 12, 2008. REUTERS/Jean-Paul Pelissier/File Photo Oil traders from around the world, including the United States, Britain and Brazil, have tri... More »
U.S. President Donald Trump speaks during a listening session with the Retail Industry Leaders Association and member company CEOs in the Rosevelt Room of the White House in Washington, U.S., February 15, 2017. REUTERS/Joshua Roberts – Highlights of the day fo... More »
Azerbaijan would support additional cuts to global crude oil production if such a decision is made by other oil producers within and outside OPEC, RIA news agency quoted Azeri President Ilham Aliyev as saying on Thursday. More »
An employee holds a gas pump at a petrol station in Sao Paulo, Brazil, November 8, 2016. REUTERS/Paulo Whitaker/File Photo Oil prices fell on Monday, adding to Friday’s steep losses as doubts re-emerged over the ability of major producers to agree output cuts ... More »
Pope Francis gestures as he speaks to journalists on his flight back to Rome following a visit in Georgia and Azerbaijan, October 2, 2016. REUTERS/Luca Zennaro/Pool Pope Francis on Sunday advised U.S. Catholics who feel they are torn between two imperfect cand... More »
Formula One – Singapore Grand Prix – Marina Bay, Singapore – 17/9/16 Mercedes’ Nico Rosberg of Germany in action during third practice. REUTERS/Edgar Su Formula One acquired an exotic addition to its list of wildlife hazards on Saturday after a large monitor l... More »
BAKU Three Azeri servicemen were killed in fresh fighting with Armenian-backed separatists over the breakaway Nagorno-Karabakh region on Monday, Azerbaijan’s Defence Ministry said. Azerbaijan had halted its attacks but Armenia was still “aggravating the situat... More »
SOFIA Bulgarian triple jumper Gabriela Petrova has tested positive for the banned substance meldonium, joining the long list of athletes, including tennis champion Maria Sharapova, who have recorded positive tests for the drug. The 23-year-old, who won the sil... More »
Pregnant women should consider not traveling to the 2016 Olympic Games in Brazil due to the risk of Zika virus infection, the U.S. Centers for Disease Control and Prevention said on Friday. CDC also said women considering becoming pregnant, and their male part... More »
LONDON/NEW YORK The Glazers are unlikely to ever be liked, let alone loved, by fans of Manchester United. The fiercely private American family that bought the famous English soccer club 10 years ago has been widely depicted by the team’s fans and the British m... More »
BRUSSELS The former Soviet republics of Georgia, Moldova and Ukraine are moving inexorably from the orbit of a Russian state that promotes values fundamentally alien to its neighbors, according to Georgia’s president. President Georgy Margvelashvili told Reute... More »
