Finance

Pakistani businesses on strike over new IMF-backed taxes

Jul 13, 2019

Hundreds of thousands of Pakistani businesses are on strike nationwide to protest a new sales tax, which opposition political parties say is being imposed as part of the International Monetary Fund's recent $6 billion bailout package for Islamabad

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US says video shows Iran removing mine from stricken tanker

Jun 14, 2019

US military releases video it says shows Iran removing unexploded mine from targeted tanker; Iran denies involvement

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Yemeni rebels hit Saudi airport as Japanese PM heads to Iran

Jun 12, 2019

Ahead of Japan prime minister's historic visit to Iran, Yemen's Iran-aligned rebels target Saudi airport

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Pakistani PM threatens legal action against tax evaders

Jun 10, 2019

Pakistan's prime minister says tax evaders who fail to declare their wealth and pay taxes will face legal action

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Indian Finance Minister Jaitley opts out of new government

May 29, 2019

India's finance minister, who carried out Prime Minister Narendra Modi's economic initiatives including tax and welfare reforms, has decided not to join Modi's new government to be sworn in Thursday, citing health reasons

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Analysis: India's Modi faces foreign pressures in 2nd term

May 28, 2019

Analysis: Indian Prime Minister Narendra Modi faces tough foreign policy choices in dealing with U.S., China

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Oil & Gas

The Latest: Greek Cypriots reject joint gas drilling panel

Jul 16, 2019

Greek Cypriot leaders on ethnically split Cyprus have turned down a renewed proposal by breakaway Turkish Cypriots to form a joint committee on managing natural gas discovered offshore the east Mediterranean island nation

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Turkey: EU sanctions over gas drilling 'worthless'

Jul 16, 2019

Turkey says the European Union's approval of an initial set of sanctions against Ankara won't deter it from pressing ahead with efforts to drill for hydrocarbons off the island of Cyprus

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The Latest: Gibraltar says seized Iran tanker carrying oil

Jul 12, 2019

The head of Gibraltar's government says an Iranian supertanker seized last week by the British navy on suspicion of carrying Iranian crude to Syria was loaded with 2.1 million barrels of light crude oil

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The Latest: UN chief calls for 'maximum restraint' in Gulf

Jul 11, 2019

U.N. Secretary-General Antonio Guterres is again calling for "maximum restraint" in the Persian Gulf region and warning all parties that a new confrontation "would be a catastrophe."

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Former Guard commander says Iran should seize a UK tanker

Jul 5, 2019

A former leader of Iran's powerful Revolutionary Guard says the Islamic Republic should consider seizing a British oil tanker in response to authorities detaining an Iranian oil tanker off the coast Gibraltar

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Iran breaches uranium stockpile limit set by nuclear deal

Jul 1, 2019

Iran has broken the limit set on its stockpile of low-enriched uranium by its 2015 nuclear deal with world powers

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