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World


OPEC in no rush on deeper oil output cut, to look at in July- delegates

By Alex Lawler
LONDON, Jun 27 (Reuters) OPEC will not rush into making a further cut in oil output or end some countries' exemptions to output limits, OPEC delegates said, although a meeting in Russia next month is likely to consider further steps to support the market.
OPEC and allied non-OPEC producers agreed on May 25 to extend an existing supply cut into 2018, but oil has fallen sharply then on rising production from the United States and from Nigeria and Libya, two OPEC members exempt from cutting output.
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Amazon fined 10 mln euros in Italy for alleged unfair commercial practices

24 Apr 2024 | 10:15 PM

Rome, April 24 (UNI) The Italian Competition Authority (ICA) announced on Wednesday that it had fined two subordinate companies of Amazon group 10 million euros (10.7 million U.S. dollars) for alleged unfair commercial practices.

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Sell TikTok or face ban: US Senate tells Chinese owner

24 Apr 2024 | 5:48 PM

Washington, April 24 (UNI) The US Senate gave its nod to a bill that could see TikTok banned in America over national security fears, news reports said Wednesday. The bill will soon be with US President Joe Biden, who has vowed to sign as soon as it reaches his desk.

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China expands lunar partnerships, preps for Shenzhou-18

24 Apr 2024 | 2:50 PM

Beijing, April 24 (UNI) China's National Space Administration (CNSA) announced new partnerships for the International Lunar Research Station (ILRS) during the Space Day of China in Wuhan. Nicaragua, the Asia-Pacific Space Cooperation Organisation, and the Arab Union for Astronomy and Space Sciences joined the project.

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Building collapse kills 7 in Ethiopian capital

24 Apr 2024 | 2:16 PM

Addis Ababa, April 24 (UNI) Seven people died in a residential building collapse in Addis Ababa, capital of Ethiopia, local media reported Wednesday.

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Australia: Police arrest 7 teens in counter-terrorism raids after Sydney church stabbing

24 Apr 2024 | 2:10 PM

Canberra, April 24 (UNI) Seven juveniles were arrested across Sydney in a joint counter-terrorism operation on Wednesday, after the stabbing of a religious leader in a Wakeley church last week.

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