LONDON: OPEC’s oil production rose in July from June, a Reuters survey found, as a fragile recovery in Libyan supply outweighed fighting in Iraq and reduced output from Angola.Saudi Arabia raised...
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Dubai World seeks to revise $25bn debt deal; some banks eye exit

DUBAI: Economic recovery in Dubai is pushing both creditors and debtors to weigh new strategies in the $25 billion restructuring of Dubai World, one of the Middle East’s largest ever debt deals.

Gold recovers from 6-week low

LONDON: Gold rose 1 percent a day after touching a six-week low as US payrolls data missed expectations, dampening talk of an early interest rate rise by the US Federal Reserve and pressuring the doll

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