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Global LNG glut is greatly exaggerated, says Novatek

Global LNG glut is greatly exaggerated, says Novatek

Novatek, the Russian liquefied natural gas producer, sees a global surplus of the super-chilled fuel disappearing faster than expected.

Morgan Stanley says a shipping revolution has oil headed for $90

Morgan Stanley says a shipping revolution has oil headed for $90

Forget Iran and Opec – there’s another issue that will keep oil prices supported for the next two years, according to Morgan Stanley.

No end in sight for Europe gas rally as crude hits $80

No end in sight for Europe gas rally as crude hits $80

Higher European natural gas prices are here to stay.

Templeton said to buy $2.3bn in Argentine peso bonds

Templeton said to buy $2.3bn in Argentine peso bonds

Franklin Templeton bought $2.3bn of bonds denominated in Argentine pesos last week, according to a person familiar who spoke with the firm about the purchase.

Steinhoff seeks three-year debt extension amid account probe

Steinhoff seeks three-year debt extension amid account probe

Steinhoff International Holdings NV is seeking a three-year extension on most of its €9.6bn ($11.3bn) of debt as the retailer battles to come to grips with an accounting scandal that’s wiped more than 96% off the share price.

Brazil sugar mills at risk by record crop 9,000 miles away

Brazil sugar mills at risk by record crop 9,000 miles away

Record sugar production in India and Thailand is weighing heavily on millers in Brazil, the world’s top producer.

Benchmark crude oil futures remain at record levels

Benchmark crude oil futures remain at record levels

Benchmark crude oil futures were still breaking records last week but demand destruction is feared as prices are getting close to $80.

Ezdan Holding subsidiaries get ISO 9001:2015 certification

Ezdan Holding subsidiaries get ISO 9001:2015 certification

Ezdan Real Estate and Ezdan Mall Companies, the two subsidiaries of Ezdan Holding Group, have been awarded ISO 9001:2015 certification.

Qatar Airways Cargo wins award at Air Cargo China 2018

Qatar Airways Cargo wins award at Air Cargo China 2018

Two Boeing 777 freighters will join the airline’s rapidly growing fleet this year.

Qatar economy to grow by 3% in 2019, says report

Qatar economy to grow by 3% in 2019, says report

Issued by SAK’s Market Watch Bureau, the monthly real estate report emphasised that Qatar’s economy is expected to reach 3% in 2019.

Fosun eyes acquisitions in North America tourism market

Fosun eyes acquisitions in North America tourism market

Chinese conglomerate Fosun International is looking to gain a bigger foothold in North America’s tourism and leisure market through acquisitions, as the owner of Club Med SAS launches a new product line for China.

Qatar reserves 'sufficient to maintain currency peg to dollar'

Qatar reserves 'sufficient to maintain currency peg to dollar'

The country’s economic diversification projects will "sustain robust growth" until 2030, before slowing thereafter, The Economist Intelligence Unit (EIU) has said in a recent report.

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