BEIJING, Oct 16- China's internet restrictions have struck a "new blow" against foreign companies working there, Germany's ambassador said on Monday, warning that such moves could undermine Beijing's political and commercial ties with the world. "Unrestricted internet access via VPN is vital if China wants to take maximum advantage of international...
ALGIERS, Algeria— Algeria's ailing president has made a rare public appearance amid renewed speculation about whether he is fit to run the country. President Abdelaziz Bouteflika met with visiting Russian Prime Minister Dmitry Medvedev on Tuesday in images shown on Algerian television. Bouteflika helped reconcile Algeria after years of bloody Islamic...
ALGIERS, Algeria— The prime ministers of Russia and Algeria want further global efforts to coordinate oil production cuts to push up prices. During a visit to Algiers on Tuesday, Russian Prime Minister Dmitry Medvedev said the two countries reiterated their commitment to last year's agreement among OPEC and other oil producers to curb output.
BEIJING, June 13- China upheld strict sales quotas for electrically powered vehicles in a draft regulation issued on Tuesday, ignoring concessions agreed between Chinese Premier Li Keqiang and German Chancellor Angela Merkel earlier this month. The latest draft by China's Ministry of Industry and Information Technology, open for public comment until June...
*Algeria shows new urgency to raise gas output- sources. ALGIERS, May 24- Less than a year ago, Algeria was ready for a legal battle with French oil giant Total; it looked like business as usual for a country known for bureaucracy, tough contracts and often testy relations with foreign energy groups. Last month the two sides reached a settlement over Total's complaint...
*China offers 18- mth phase-in for cyber law- sources. BEIJING, May 19- China may delay full implementation of controversial new cyber security rules, giving companies more time to prepare, two people who attended a meeting on Friday between the country's internet regulator, businesses and diplomats told Reuters. Business groups have lobbied Beijing to delay or...
RABAT/ ALGIERS, April 23- Morocco and Algeria summoned each other's ambassadors and traded accusations on Sunday after Rabat charged Algerian authorities had allowed 54 Syrians to "illegally enter" Morocco to stir tensions on their mutual border. Morocco said the Syrians attempted to enter Morocco through the border town of Figuig, an area surrounded by...
ING has confirmed it is facing a criminal investigation into alleged money laundering and corruption from Netherlands authorities.
Eleven non-OPEC oil producers that joined a global deal to reduce output to boost prices delivered 64 percent of promised cuts in February.
Saudi Arabia over-delivered, but OPEC cut about 90 percent of the oil supplies it committed to take off the market.
The Sahara Desert was dusted in a layer of snow after a strong polar front from the Mediterranean, reports NBC News.
Arab monarch-led OPEC nations have incentives to adhere to the output cut, says Mark Keenan at Societe Generale.
Saudi Arabia's Energy Minister Khalid al-Falih said on Sunday he had invited his Russian counterpart Alexander Novak to meet Gulf Arab energy ministers.
The past week signaled that Saudi Arabia's role as the undisputed leader of the OPEC cartel is changing.
CNBC's Hadley Gamble reports from Algiers as OPEC members meet on the sidelines of the International Energy Forum.
RBC Capital Markets says oil prices may slip to $40 or lower if OPEC members leave Algeria without any promise of a deal.
CNBC's Hadley Gamble reports OPEC members are struggling to reach an agreement on oil production.
The OPEC meeting in Algeria may not have resulted in a resolution as of Tuesday, but at least one person is optimistic.
Nigerian Oil Minister Emmanuel Ibe Kachikwu, says that an OPEC freeze is not likely, but "honesty" is the real progress at the meeting in Algeria.
CNBC's Hadley Gamble has the update from OPEC leaders meeting in Algeria to dicuss oil production.