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12:10
Syria

Syria signs $4 bln deal to expand Damascus Airport

The Syrian Civil Aviation Authority has signed a $4 billion agreement with an international consortium last week (6 August), including companies from Türkiye, Qatar and the United States, aiming to expand Damascus International Airport.

12:30
OPEC+

OPEC+ agrees to increase oil production by 547,000 barrels

OPEC+ will increase oil production by 547,000 barrels per day in September after eight members of the organisation held a brief virtual meeting on Sunday. They said the company will continue to accelerate its output hikes to regain market share.

14:09
EU-U.S. trade deal

EU-U.S. trade deal gives €4 billion boost to European carmakers

European automakers including BMW and Mercedes-Benz are set to gain €4 billion from a new EU-U.S. trade agreement that lowers tariffs on vehicle exports. The move offers relief in a key market but still leaves duties higher than pre-2024 levels.

10:33
Oil rises

Oil rises as US-EU deal boosts trade optimism

Oil prices rose on Monday after the United States clinched a trade deal with the European Union and may extend a tariff pause with China, relieving concerns that higher levies could have hurt economic activity and limited fuel demand.

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