Vienna, Austria | Xinhua | The head of the Organization of Petroleum Exporting Countries (OPEC) on Wednesday called on global leaders to uphold multilateralism to ensure “unhindered, stable and secure” energy flow to the global market. OPEC Secretary-General Mohammad Sanusi Barkindo made the remarks at a virtual meeting of the joint …
Read More »Absa Group appoints Arrie Rautenbach as CEO
Johannesburg, South Africa | THE INDEPENDENT | Absa Group has announced the appointment of Arrie Rautenbach as Chief Executive Officer (CEO), effective immediately. The appointment Tuesday of the 56-year-old South African, follows a thorough recruitment and selection process completed by the Board. “On behalf of the Board, I am …
Read More »China approves IPO application of CNOOC Limited
CNOOC Limited can issue no more than 2.99 billion shares in its IPO Beijing, China | Xinhua | China’s securities regulator has approved the initial public offering (IPO) application of CNOOC Limited. CNOOC Limited will be listed on the A-share market, the China Securities Regulatory Commission said in a statement on Wednesday. …
Read More »What has Europe lost from the Ukraine crisis?
Beijing, China | Xinhua | The Ukraine crisis has entered its second month. In terms of security, economy, refugees, etc., Europe will pay a heavy price in the crisis. Since the end of the Cold War, the North Atlantic Treaty Organization (NATO) has pushed for five rounds of eastward expansion up …
Read More »Turkey’s aging population dragging economy down
President Recep Tayyip Erdogan is an ardent advocate of population increase and has called for families to have more children Ankara, Turkey | Xinhua | As a country that once boasted one of the youngest populations in Europe, Turkey has been aging fast in recent years, which is slowly dragging its …
Read More »UN chief calls for end to slavery’s legacy of racism
United Nations | Xinhua | UN Secretary-General Antonio Guterres on Tuesday called for an end to the legacy of the transatlantic slave trade: racism. The transatlantic trade in enslaved Africans was instrumental in shaping modern conceptions of race. To rationalize the inhumanity of the slave trade, Africans were portrayed as less …
Read More »COVID-19 vaccination during pregnancy does not increase complications at childbirth: study
Los Angeles, U.S. | Xinhua | A newly published study has found that receiving a COVID-19 vaccine during pregnancy does not lead to increases in the frequency of complications around the time of childbirth. The findings, published in JAMA, provide further assurances about the safety of mRNA vaccines for this particularly …
Read More »IAEA chief visits Ukraine to discuss nuclear safety support
Kiev, Ukraine | Xinhua | International Atomic Energy Agency (IAEA) Director-General Rafael Grossi arrived in Ukraine on Tuesday for talks with senior Ukrainian officials on delivering urgent technical assistance to ensure the security of the country’s nuclear facilities, the IAEA said. The aim of Grossi’s visit is to “initiate prompt safety …
Read More »Oil prices drop amid positive signs from Russia-Ukraine peace talks
New York, U.S. | Xinhua | Oil prices declined on Tuesday as Russia-Ukraine peace talks showed progress. The West Texas Intermediate for May delivery lost 1.72 U.S. dollars, or 1.6 percent, to settle at 104.24 dollars a barrel on the New York Mercantile Exchange. Brent crude for May delivery decreased 2.25 …
Read More »Though West pushes for higher oil exports, Gulf states give cold shoulder
Since 2017, the Gulf states and Russia have forged a stable energy alliance under the umbrella of OPEC+ Cairo, Egypt | Xinhua | Saudi Arabia, the United Arab Emirates (UAE) and Qatar, key members of the Organization of the Petroleum Exporting Countries (OPEC), have remained hesitant to increase oil and gas …
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