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Iran aims to restore majority of refining capability within two months, oil ministry official says

DUBAI, April 12 (Reuters) - Iran expects to restore most damaged refining and distribution facilities to 70-80% of their pre-attack capacity within one to two months, a senior oil official said, as authorities work to recover from a wave ...
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Economic shock of Middle East war to cast shadow over IMF, World Bank meetings

By Andrea Shalal WASHINGTON, April 12 (Reuters) - Top finance officials from around the world will convene in Washington this week under the shadow of the war in the Middle East, which has delivered a third major shock to the ...
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Lessons learned in ’70s have made US, world economies less vulnerable to oil shocks

WASHINGTON (AP) - The world economy is experiencing a disorienting flashback to the 1970s. Oil prices are once again surging in the wake of war in the Middle East, driving up the cost of gasoline, diesel and jet fuel and ...
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China’s Chery looking to expand car production in Europe, top executives say

PARIS, April 12 (Reuters) - Chery is looking to expand car production in Europe through partnerships with other automakers allowing it to use existing factories, top executives at the Chinese carmaker said at an event in Paris. "The company is ...
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South Korea close to securing oil supplies from Kazakhstan, minister says

(Corrects paragraph 3 to cut erroneous references to Oman, Saudi Arabia) SEOUL, April 12 (Reuters) - South Korea is close to securing crude oil supplies from Kazakhstan, the industry minister said on Sunday, as the country looks for alternative energy ...
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Saudi Arabia restores full capacity on East-West oil pipeline to 7 million bpd after attacks

CAIRO, April 12 (Reuters) - Saudi Arabia has restored full oil pumping capacity through the East-West pipeline L1N40S100 to about seven million barrels per day, it said on Sunday, days after providing an assessment of damage on its energy ...
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Cruise companies to Alaska are avoiding a popular excursion to Tracy Arm after a massive landslide

JUNEAU, Alaska (AP) - For years, a popular part of many cruises in southeast Alaska has been sailing up Tracy Arm, a long, narrow fjord marked by steep mountains, glittering waterfalls and calving glaciers. But this season, major cruise lines ...
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What to know about Trump’s tax breaks for tips and overtime when filing state tax returns

As the tax-filing deadline nears, millions of Americans are expected to claim new federal income tax breaks for tips and overtime wages available for the first time under a wide-ranging tax law enacted by President Donald Trump. But many ...
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US Vice President JD Vance says talks with Iran ended after 21 hours without reaching agreement

ISLAMABAD (AP) - U.S. Vice President JD Vance said negotiations ended early Sunday between the United States and Iran without a peace deal after the Iranians refused to accept American terms to not develop a nuclear weapon. The high-stakes talks ...
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The Latest: US Vice President Vance leaves Pakistan after talks with Iran end without agreement

Vice President JD Vance said negotiations between the United States and Iran ended early Sunday without a peace deal after the Iranians refused to accept U.S. terms to not develop a nuclear weapon. The high-stakes talks in Pakistan ended after ...
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A 23-story Miami hotel is set for implosion on a human-made island near downtown

MIAMI (AP) - A hotel at one of Miami's most exclusive locations is set to be demolished Sunday to make way for something bigger. Demolition experts will conduct the controlled implosion of the former Mandarin Oriental, Miami on Brickell Key, ...
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Exclusive-Third Point won’t run proxy fight at CoStar, exits position, letter says

By Svea Herbst-Bayliss NEW YORK, April 10 (Reuters) - Billionaire investor Daniel Loeb's hedge fund Third Point will not pursue a proxy fight at real estate data company CoStar Group and sold its entire stake in the owner of Apartments.com ...
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