By Mark Leonard/Berlin Donald Trump is the first US president to think that the US-led world order is undermining US interests. Though the current order obviously benefits the United States, Trump is…
UK firm PwC criticised over bid for major Saudi Arabia contract
One of Britain’s biggest consulting and accountancy firms has been negotiating to land a major contract to help streamline and modernise Saudi Arabia’s military, the Guardian can reveal. PricewaterhouseCoopers (PwC) confirmed it…
LNG becomes more volatile on heat wave, Trump’s trade war: Russell
LAUNCESTON, Australia, July 30 (Reuters) – Prices for spot cargoes of liquefied natural gas (LNG) in top-consuming region Asia have become more volatile amid a northern hemisphere heat wave, China’s switch to…
Turkish steel makers eye exports to West Africa amid U.S. tariff setbacks
By Ceyda Caglayan ISTANBUL, July 30 (Reuters) – Turkish steel makers are looking to expand in West Africa and other emerging markets in response to tariffs and planned quotas which threaten their…
L’aggressiva politica dell’Arabia Saudita ha fallito: il Qatar è piccolo, ma forte
La corte dell’Aja ha stabilito che il blocco imposto al Qatar dagli Emirati Arabi (insieme ad altre nazioni tra cui l’Arabia Saudita) è discriminatorio. Un precedente importante, che mostra l’illeggittimità e il…
Big Oil Leaves Analysts Fuming About Being in the Dark on Refinery Outages
Darren Woods, Ben van Beurden and Mike Wirth, three of the world’s most powerful oil executives, forged their reputations by efficiently managing razor-thin margins at their companies’ refineries. You wouldn’t know it,…
Summing Up the Trump Summits
NEW YORK – US President Donald Trump’s summits with North Korean leader Kim Jong-un in Singapore and Russian President Vladimir Putin in Helsinki are history, as is the G7 summit in Quebec…
Taxing the intangible economy
By Roger E A Farmer/London Some very clever people, including the president of the European Central Bank, Mario Draghi, and Andy Haldane, chief economist at the Bank of England, are expressing concerns…
Is Europe America’s friend or foe?
By Jean Pisani-Ferry/Paris Since Donald Trump became US president in January 2017, his conduct has been astonishingly erratic, but his policies have been more consistent than foreseen by most observers. Trump’s volatility…
Total’s Q2 profit jumps 44% to $3.6bn
French oil and gas major Total raised its 2018 sav- ings and oil production targets after a new record quarterly output, costs savings, and high oil prices lifted its net profit in…