/ SEOUL: Two South Korean shipping companies said Friday they had this month suspended importing crude from due to a looming EU oil embargo that could effectively halt shipments of Iranian oil from July. , which handles refiner SK Energy's crude shipments, said it shipped its last cargo from Iran early this ...
's lower house is set to pass a bill on Friday to provide on insurance for Iranian crude cargoes, making it the first of 's big Asian buyers to find a way to keep the oil flowing in the face of tough new EU sanctions. takes effect on July 1 and includes a ban on EU insurance firms from covering ...
mainly steel, cars and electronics - to reduce its risk of payment defaults as western sanctions disrupt exports, highlighting the growing risk of doing business with the Islamic Republic. The move to limit the trade exposure of Asia's fourth-largest economy, which sold $1.7 billion of goods in ...
Hyundai Oilbank cites impact of euro zone crisis * Refiner is South Korea's biggest buyer of Iran crude * Latest in series of major Asian IPOs to be pulled or delayed * Company says will revive float when conditions improve (Adds details) SEOUL, June 15 (Reuters) - South Korean refiner Hyundai ...
a in Seoul and Robert Cookson in Hong Kong/ Hyundai Oilbank has shelved its planned $2bn initial public offering due to Europe’s debt crisis and lower risk appetite in global stock markets. “We’ve decided to suspend the offering due to uncertainties over the IPO’s success as the euro zone crisis ...
Japan's lower house passed a bill on Friday to provide government guarantees on insurance for Iranian crude cargoes, a key step towards it becoming the first of Iran's big Asian oil buyers to get round new European Union sanctions. The bill will now be sent to the upper house, where opposition ...
"Temporary" export ceiling measure started on June 12 * More details to be set if EU insurance issues finalised * New deals to be approved only if payment period within 180 days * Japan's lower house to pass bill to insure Iran oil on Friday-report * To allow sovereign guarantee to continue Iran ...
) and European stocks rebounded at the opening bell in London, having sold off last week, as traders parse signs that the US government shutdown could be coming to an end. A weeks-long impasse between Republicans and Democrats on a funding bill has meant government funding for crucial services — ...
Adnan Al Ezzeldin says people are being killed for being Alawites/ The killer came by night – a masked man on a motorbike who struck without warning and then sped away. It's become a familiar pattern in some corners of the new Syria in recent months, as the country's fragile unity is eroded by ...
especially its capital, Tehran - is facing an unprecedented drought this autumn, with rainfall at record lows and reservoirs nearly empty. Officials are pleading with citizens to conserve water as the crisis deepens. President Masoud Pezeshkian has warned that if there is not enough rainfall ...
Big Ten executives are socializing a plan with member schools to move forward with their capital investment proposal — even without Michigan and USC. The league has signaled to schools that it may hold a vote in two weeks to potentially adopt a and extend the conference grant of rights an ...
Including Warren Buffett's Berkshire Hathaway/ Berkshire Hathaway may be on the verge of becoming a dividend-paying stock./ WM (formerly Waste Management) is in one of the most stable industries around./ Realty Income can make you a real estate investor, collecting income every month./ If you're ...
The Red Cross assisted Hamas's military wing to search for hostage bodies on 5 November/ Israel has received a coffin that Hamas and the Palestinian Islamic Jihad said contains the body of a hostage, Israel's military says. Hamas's armed wing said the body had been found on Friday in Khan Younis ...
Smartphone with displayed "Disney" logo is seen on the keyboard in this illustration/ (Reuters) -Google's YouTube said it is open to negotiating a fair deal with to restore the entertainment giant's networks to its pay‑TV service, while it accused Disney of misrepresenting facts and seeking ...
63 people have been arrested for alleged prostitution in Phoenix, according to Grand Canyon University officials./ "27th Avenue has become an epicenter for prostitution activity in Phoenix – an area known nationally as ‘The Track’ or ‘The Blade’ for the proclivity of sex trafficking in the ...
Rom Braslavski made the accusation in an interview with Israeli Channel 13's Hazinor programme/ A former Israeli hostage who was released last month has told Israeli TV that he was sexually assaulted during his two years in captivity in Gaza. In an interview with Channel 13's Hazinor programme, ...
The moment spectators confront a protester holding a flare during the Paris concert/ Four people have been detained by French police after protesters set off flares during a concert by the Israel Philharmonic Orchestra in Paris on Thursday night. Clashes broke out in the auditorium during one of ...