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Thursday, April 25, 2024
Lower Libya Production Weighs On Repsol YPF Earnings
Spanish oil company Repsol YPF SA (REP.MC) said Wednesday its fourth-quarter net profit declined 90% on-year, thanks largely to extraordinary...
Read moreRepsol profit hit by Libya conflict
Spanish oil company Repsol's net profit fell more steeply than expected in the fourth quarter as production was suspended in...
Read moreSaras Q4 hit by weak demand and Iran tension
Saras, one of Italy's leading refiners, said on Tuesday its core earnings in the fourth quarter fell 31 percent on weak...
Read more$5 billion injection to help cure local ills
With the dust still to settle after the chaos of the Arab Spring, many foreign investors are thinking twice about...
Read moreLibya amending bank law to attract foreigners
Libya is amending its banking laws to attract foreign investment and stimulate its private sector as it seeks to create...
Read moreLibya bank rolls out Islamic products
The Libyan Foreign Bank will offer Shariah-compliant products as the government prepares regulation to make Islamic banking the norm in...
Read moreOil Trades Near Nine-Month High on Iran Tension
Oil traded near the highest price in nine months after euro-area finance ministers agreed on a second bailout for Greece,...
Read moreLibya to Create Reconstruction Fund, Stock Exchange Chief Says
Libya will create a real-estate fund to help rebuild the country after last year’s war to oust Muammar Qaddafi, said...
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