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Oil prices rise 1% on Saudi Aramco's upbeat demand view, Iraq output cut

West Texas Intermediate crude futures rose 50 cents, or 1.2%, to $41.72 a barrel at 0301 GMT, while Brent crude futures were up 40 cents, or 0.9%, at $44.80 a barrel

Saudi Aramco says it still plans to pay $75 billion in dividends for 2020

Payouts to minority shareholders as pledged are protected for five years

Twitter keen to buy TikTok ops in US, experts doubt it has money: Report

It isn't certain Twitter would be able to outbid Microsoft and complete such a transformative deal in the 45 days that President Trump has given ByteDance to agree to a sale

Barclays being probed by UK watchdog on accusations of spying on staff

The ICO said on Sunday a formal probe was ongoing but it could not say when the investigation would conclude

India's data-curb plan 'anathema', US tech companies plan pushback

India and USA are already at odds on such issues, as well as over digital taxes and tariffs

Lebanon's future at stake: French president tells donor conference

Lebanon's debt-laden economy was already mired in crisis and reeling from the coronavirus pandemic before the port explosion, which killed 158 people

Saudi Aramco CEO sees oil demand picking up as Covid-19 lockdowns ease

Saudi Aramco's Chief Executive Amin Nasser said on Sunday that he sees oil demand recovering in Asia as economies gradually open up after the easing of coronavirus lockdowns.

Grounded Mauritius ship operator apologises for oil leak in Indian Ocean

The operator of a Japanese bulk carrier which ran aground off Mauritius in the Indian Ocean apologised on Sunday for a major oil spill

Oil firms collectively cut the value of their assets by nearly $50 bn in Q2

London-based BP has previously said it plans to cut its overall output by roughly 1 million barrels of oil equivalent (boepd) by the end of 2030 from its current 3.6 million boepd

Oil spill threatens ecological disaster as Mauritius declares emergency

Greenpeace says the spill was to likely to be one of the most terrible ecological crises that Mauritius has ever seen

New Nokia CEO Pekka Lundmark adopts wait and watch strategy in 'dream job'

US government pressure to limit the use of China's Huawei presents an opportunity for Nokia

Nobel-winning Mexican scientist calls for complete ban on fuel oil

Molina said it was "very worrying" that the plant's emissions can reach the sprawling capital of more than 20 million inhabitants

WeChat ban in US cuts off users' link to families and friends in China

Some WeChat users have started to share backup contacts for a limited number of apps that are still available in China

TikTok preparing advertisers for possible app ban in the US

Some advertisers are forming contingency plans and considering other apps to move their marketing budgets

US employment growth slows sharply in July amid Covid-19 pandemic

Talks have been dragging over differences on major issues, including the size of a government benefit for unemployed workers

Donald Trump bans WeChat, TikTok, stoking tension with Beijing

He calls these apps 'significant threats'; executive order will come into effect in 45 days

British Airways: Thousands to lose jobs as airline pushes ahead with cuts

British Airways, owned by IAG , said in April it would need to axe up to 12,000 of its 42,000 staff to survive the Covid-19 pandemic and remain competitive

Wall Street dips due to slowing employment growth, US-China tensions

The Labor Department's closely watched report showed non-farm payrolls increased by 1.76 million in July

Serum Institute to partner with Gates Foundation to make Covid-19 vaccine

Serum Institute of India said it will partner with the Bill & Melinda Gates Foundation and international vaccine alliance GAVI to manufacture and deliver 100 million Covid-19 vaccine doses for India

Trump advisers urge delisting of Chinese firms that fail to audit

By Alexandra Alper