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International Business Times

Latest News

G20 Seeks Common Ground On Taxing Super-rich

Friday July 26th, 2024 04:36:48 PM
G20 finance ministers are expected to take a first step towards international cooperation on taxing the super-rich Friday, with a deal in Brazil likely to call for individual nations to strengthen their own measures, rather than delivering a set of unified regulations.

World Looks To Business For Ethical Leadership

Friday July 26th, 2024 02:27:02 PM
As people around the world lose confidence in key institutions, greater responsibility than ever before now rests on the shoulders of businesses and corporations to maintain and restore the level of ethical leadership that engenders trust.

Electric Car Woes Force German Supplier ZF To Axe Jobs

Friday July 26th, 2024 11:45:16 AM
German car parts manufacturer ZF said Friday it would cut a fifth to a quarter of jobs in Germany as it struggled with the switch to electric vehicles and foreign competition.


International Business Times

Latest News

G20 Seeks Common Ground On Taxing Super-rich

Friday July 26th, 2024 04:36:48 PM
G20 finance ministers are expected to take a first step towards international cooperation on taxing the super-rich Friday, with a deal in Brazil likely to call for individual nations to strengthen their own measures, rather than delivering a set of unified regulations.

World Looks To Business For Ethical Leadership

Friday July 26th, 2024 02:27:02 PM
As people around the world lose confidence in key institutions, greater responsibility than ever before now rests on the shoulders of businesses and corporations to maintain and restore the level of ethical leadership that engenders trust.

Electric Car Woes Force German Supplier ZF To Axe Jobs

Friday July 26th, 2024 11:45:16 AM
German car parts manufacturer ZF said Friday it would cut a fifth to a quarter of jobs in Germany as it struggled with the switch to electric vehicles and foreign competition.


International Business Times

Latest News

Iran's New Oil And Gas Contract Terms Flexible On Crude Price, Risk: Official

Saturday November 21st, 2015 01:48:00 PM
TEHRAN, Iran (Reuters) -- Iran's new oil and gas contracts will have flexible terms that take into account oil price fluctuations and investment risks, a senior Iranian official told Reuters Saturday. Iran is trying to lure back international oil companies to develop its vast oil and gas reserves once sanctions are lifted under a deal with world powers. Iran will announce a new development contract model at conferences in Tehran Nov. 28-29 ‎and in London in February.

With Crude Prices At Historic Lows, Saudi Arabia Pledges To Keep Oil Coming

Sunday November 8th, 2015 10:32:47 PM
A year after the price of crude went into free fall, the Kingdom of Saudi Arabia has said that it has no plans to reduce oil drilling. In comments to the Financial Times, Saudi officials said they see no reason to slow the supply of oil in advance of an international producers' meeting in December. 

How Will Federal Budget Deal Affect US Oil Security?

Wednesday October 28th, 2015 07:27:23 PM
As Middle East and Latin American countries grapple with sinking oil prices, the United States is considering a budget deal that would require the sale of 58 million barrels of oil from the emergency reserve created decades ago to shield the nation from market disruptions. While this release of crude is unlikely to directly affect oil prices, some experts say depleting the Strategic Petroleum Reserve could leave the U.S. vulnerable to unforeseen events that disrupt global oil markets.






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