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U.S. sanctions on Iran are biting: Bolton

JERUSALEM (Reuters) – Iran is feeling the effects of existing U.S. sanctions as President Donald Trump prepares to impose more of them from Monday, his National Security Adviser John Bolton said on Sunday during a visit to Israel. While flagging further sancti... More »

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Iran says U.S. presence in Syria was a mistake from the start

DUBAI (Reuters) – Iran said that the U.S. military presence in Syria had been “a mistake, illogical and a source of tension”, in Tehran’s first reaction to President Donald Trump’s planned pull-out. Trump has begun what will be a total withdrawal of U.S. troop... More »

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Germany to back Russian gas link despite Ukraine tensions

BERLIN (Reuters) – Germany will not withdraw its political support for the Nord Stream 2 gas pipeline with Russia, its foreign minister said on Monday, as some lawmakers suggested curtailing the project to punish Moscow for its seizure of Ukrainian ships and t... More »

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Drilling ship leaves Vietnam oil block after China row

The drilling ship at the center of a row between Vietnam and China over oil prospecting in disputed waters in the South China Sea has arrived in waters off the Malaysian port of Labuan, shipping data in Thomson Reuters Eikon showed on Monday. More »

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Giant iceberg breaks off Antarctica

FILE PHOTO: An aerial view of the rift in the Larsen C seen in an image from the Digital Mapping System over the Antarctica Peninsula, Antarctica, on November 10, 2016. NASA’s Goddard Space Flight Center/Handout via One of the biggest icebergs on record has br... More »

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China, France eye Gambian port upgrade to rival Dakar

Port workers are seen in front of a shipping vessel unloading its cargo in the port of Banjul, Gambia June 29, 2017. Picture taken June 29, 2017. REUTERS/Emma Farge Chinese and French companies are bidding to help Gambia build up its Atlantic port Banjul to be... More »

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China`s services sector loses steam in June: Caixin PMI

A basket vendor walks past red lanterns serving as decorations to celebrate the new year outside a shopping mall in Kunming, Yunnan province January 6, 2015. REUTERS/Stringer China’s services sector grew at a slower pace in June as new orders slumped, signalin... More »

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Tillerson signals tough Trump administration stance on Cuba

A man sits in his apartment across from the U.S. embassy in Havana, Cuba June 13, 2017. REUTERS/Stringer U.S. Secretary of State Rex Tillerson said on Tuesday a policy of engagement with Cuba has financially benefited the island’s government in violation of U.... More »

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Bodies, debris found in search for missing Myanmar aircraft

A still image taken from video released on June 7, 2017 shows the photograph of a Y-8-200 F military aircraft. FACEBOOK: CINCDS MYANMAR/Handout/via Reuters TV Bodies and aircraft debris were found in the sea off the southern coast of Myanmar on Thursday by a n... More »

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China says it warned U.S warship to leave South China Sea

Arleigh Burke-class guided-missile destroyer USS Dewey transits the South China Sea. Kryzentia Weiermann/Courtesy U.S. Navy/via REUTERS China said on Thursday that Chinese warships warned a U.S. Navy warship to leave after it sailed within 12 nautical miles of... More »

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China, Vietnam agree to keep South China Sea tensions in check

An aerial view of uninhabited island of Spratlys in the disputed South China Sea, April 21, 2017. REUTERS/Erik De Castro China and Vietnam will manage and properly control their maritime disputes, avoiding actions to complicate or widen them, so as to maintain... More »

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U.S. watching piracy increase off Somalia, sees ties to famine

U.S. Defense Secretary James Mattis boards a U.S. Air Force C-17 for a day trip to a U.S. military base in Djibouti from Doha, Qatar April 23, 2017. REUTERS/Jonathan Ernst The United States is closely watching a recent increase in piracy off the coast of Somal... More »

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Pence says seeks fairer trade with Indonesia

U.S. Vice President Mike Pence (L) chats with Indonesia President Joko Widodo at the presidential palace in Jakarta, Indonesia April 20, 2017. REUTERS/Darren Whiteside U.S. Vice President Mike Pence said on Thursday his administration wants fairer trade with I... More »

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Astronauts complete spacewalk to retrofit space station

Two spacewalking astronauts ventured outside the International Space Station on Friday for a 6-1/2-hour spacewalk, the first of three to prepare the orbiting laboratory for future commercial space taxis and to tackle maintenance chores, NASA TV showed. More »

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China to build on disputed shoal in South China Sea

Boats at Scarborough Shoal in the South China Sea are shown in this handout photo provided by Planet Labs, and captured on March 12, 2016. REUTERS/Planet Labs/Handout via Reuters China will begin preparatory work this year for an environmental monitoring stati... More »

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Peak gasoline demand looms with engine efficiency gains

A car is filled with gasoline at a gas station pump in Carlsbad, California August 4, 2015. REUTERS/Mike Blake Demand for gasoline in the United States, which accounts for a tenth of global oil consumption, is expected to peak next year as engines become more ... More »

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U.N. needs $2.1 billion to avert famine in Yemen

Girls stand at the entrance to their tent at a camp for internally displaced people in the northwestern city of Saada, Yemen January 30, 2017. REUTERS/Naif Rahma The United Nations said on Wednesday that 12 million people in Yemen faced the threat of famine br... More »

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U.N. seeks $2.1 billion to avert famine in Yemen

Girls stand at the entrance to their tent at a camp for internally displaced people in the northwestern city of Saada, Yemen January 30, 2017. REUTERS/Naif Rahma The United Nations appealed on Wednesday for $2.1 billion to provide food and other life-saving as... More »

China protests to Singapore over troop carriers in Taiwan

Six of the nine armoured troop carriers belonging to Singapore, from a shipment detained at a container terminal, are seen in Hong Kong, China November 24, 2016. Picture taken through a glass window. REUTERS/Bobby Yip/File Photo China said on Monday it had lod... More »

Outlook dims for Singapore Inc as economy moonwalks

A man carrying an umbrella passes as storm clouds gather over Shell’s Pulau Bukom oil refinery in Singapore, December 17, 2014. REUTERS/Edgar Su/File Photo During Singapore’s full moon festival last month, employer John Kong was focused more on cost-cutting th... More »

Hurricane Matthew fears grow in Haiti, some resist shelters

Inesia Laguerre cradles her grandchild at the shelter set up in the Lycee Philippe Guerrier ahead of Hurricane Matthew in Les Cayes, Haiti, October 2, 2016. REUTERS/Andres Martinez Casares AU-PRINCE (Reuters) – Fears mounted in Haiti as Hurricane Matthew edged... More »

Is it a ship? A diamond? Hadid`s Port House opens in Antwerp

The sun rises behind the new headquarters for the Antwerp Port Authority on the Kattendijk dock, the Port House, a monumental design by Zaha Hadid Architects in Antwerp, Belgium September 22, 2016. Reuters/Eric Vidal TPX IMAGES OF THE DAY Europe’s second-bigge... More »

Hanjin ship unloads in U.S. as fresh funds pledged

A Hanjin Shipping Co ship is seen stranded outside the Port of Long Beach, California, September 8, 2016. REUTERS/Lucy Nicholson A Hanjin Shipping Co Ltd (117930.KS) vessel is finishing unloading in California and scheduled to leave port on Monday, shipping in... More »

Factbox: Hanjin Shipping collapse – by numbers

Container vessel Hanjin Rome sits in the eastern anchorage area in Singapore September 9, 2016. REUTERS/Edgar Su The collapse of South Korea’s Hanjin Shipping (117930.KS), the world’s seventh-largest container carrier, has disrupted global trade networks and d... More »

Banks and tech firms apply blockchain to trade finance

LONDON/HONG KONG An HSBC and Bank of America Merrill Lynch venture and financial technology firm R3 said separately on Wednesday that they had created ways of using blockchain technology to simplify trade finance processes. The two banks said they had joined w... More »

Oil falls as oversupply still weighs on market

LONDON Oil fell on Monday morning, reversing earlier gains, as increases in OPEC production and U.S. oil rig additions continued to weigh on the market. Brent crude was down $0.44 at $43.09 a barrel at 0854 GMT (4:54 a.m. ET) from the previous settlement, afte... More »

Saudi Aramco prepares for global expansion as IPO looms

DHAHRAN, Saudi Arabia Saudi Arabia’s state-owned oil giant Aramco is seeking to expand globally via joint ventures overseas as it prepares for a partial privatization pushed by a government intent on diversifying the economy. The company is looking at opportun... More »

Saudi Aramco says looking at new ventures around globe

DHAHRAN, Saudi Arabia State oil company Saudi Aramco wants to expand globally and is looking at potential joint ventures in several countries, including Indonesia, India, the United States, Vietnam and China, chief executive Amin Nasser said on Tuesday. “We ar... More »