High oil prices hurt consumers, dent fuel demand: IEA chiefHigh oil prices are hurting consumers and could also have adverse implications for producers, the executive director of the International Energy Agency (IEA) said on Tuesday.
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VW operating profit drops as anti-pollution rules biteVolkswagen reported a smaller than expected 18.6 percent drop in third-quarter adjusted operating profit, boosting its shares despite weaker vehicle sales tied to the introduction of more stringent anti-pollution rules.
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Citi granted license to set up Citibank branch in Abu DhabiCitigroup has been granted a license to set up a branch of Citibank at Abu Dhabi Global Market (ADGAM), a financial center in Abu Dhabi, it said on Tuesday.
from Reuters: Business News https://ift.tt/2CPc0PY
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Oil prices slip on rising supply, trade tensionsOil prices slipped on Tuesday, depressed by concerns that the U.S.-China trade dispute will dent economic growth and by signs of rising global supply despite upcoming sanctions against Iran.
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