Earnings of major global companies could fall 10% this year, Citigroup analysts said, citing the steep fall in oil prices and economic disruption due to the coronavirus. China will modify the environmental supervision of companies to boost post-coronavirus recovery, giving firms more time to rectify environmenta…

The number of people infected with the coronavirus topped 119,000 across the world as the outbreak spread to more countries, causing greater economic damage. DEATHS/INFECTIONS More than 117,100 people have been infected globally and over 4,000 have died. Mainland China had 24 new cases by Tuesday, up f…

In a statement , the National Oil Corporation announced that it has given 52 young people the skills and equipment they need to set up new businesses. National Oil Corporation (NOC)’s Department of Sustainable Development, in cooperation with the Arab Centre for Training, organized several training sessions in t…

The oil expert Muhamed Ahmed wrote: Why does oil market move against all odds? Who focuses only on the spot price, he expects it to keep on decreasing; at $32 a barrel, Russians declared a barrel would hit $30. Meanwhile, the price rose to $35 a barrel. On the other hand, the Saudis claimed they would rea…