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Oil Hits $70 Marking Two-month High as Europe, US Reopen Economies

2021-05-18 11:15:00| OGI

The latest gain to $70 brings Brents rally this year to 35%, supported by supply cuts by OPEC and allies. This could lead to a further advance, some analysts said.

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Italy hits Google with 102m antitrust fine over app exclusion

2021-05-13 02:00:00| Total Telecom industry news

Google once again finds itself in hot water in Europe over what has been deemed anticompetitive behaviour, this time in Italy.    The Italian competition regulator has fined Google €102 million for excluding Enel’s e-mobility app, JuicePass, from its Android system, arguing that the company has leveraged its dominant market position unfairly…read more on TotalTele.com »

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Australia Hits Oil Producers with Levy to Decommission Abandoned Timor Sea Field

2021-05-12 15:01:51| OGI

The move, announced in the governments 2021-22 budget late May 11, came as a surprise as it was not flagged in a proposed new framework for decommissioning rules set out last month.

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Zain Group revenue falls 6% in Q1, forex impact hits results

2021-05-10 09:36:00| Telecompaper Headlines

(Telecompaper) Zain Group's consolidated revenue decreased by 6 percent year on year to KWD 382 million for the first quarter of 2021...

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UK service sector growth hits seven-year high

2021-05-06 11:02:46| BBC News | Business | UK Edition

The UK's dominant services sector rebounded in April as lockdown restrictions were eased.

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