Asian oil demand to hit record, but industry can"t take eyes off Middle East

The effect of the U.S. 0 read more.....»»

The effect of the U.S. 0 read more.....»»

The latest bout of Middle East turmoil has ratcheted up fears that.....»»

Volatility surged as geopolitical tensions rose in the Middle East and inflation data defied estimates, delaying rate cuts and causing concern for stocks, mortgages and consumer sentiment. read more.....»»

The Europe, Middle East, and Africa (EMEA) traditional PC market that covers products including desktops, notebooks, and workstations, posted strong on-year growth of 16.6% in the fourth quarter of 2020 and totaled 24.1 million units, according to IDC......»»

The coronavirus crisis has exacerbated a drop in demand for the industry's largest jetliners, with airline customers shunning deliveries of planes due to international travel restrictions, hurting cash flow at the U.S. planemaker......»»

Regions with weak states and educated diasporas are seeing a rising demand for cryptocurrencies, stablecoins and decentralized applications......»»

Taiwan-based MCU suppliers are poised to rake in record revenues in the second quarter of 2020 on continued robust demand for forehead thermometers and other healthcare applications amid the coronavirus pandemic, according to industry sources......»»

The oil market has come under siege this year as ballooning supplies exacerbated by the price war between Russia and Saudi Arabia hit the market at the same time that government responses to COVID-19 has destroyed demand......»»

The minimal impact on oil prices from a global deal for record output cuts showed that oil producers have a mountain to climb if they are to restore market balance as the coronavirus shreds demand and sends stockpiles soaring, industry watchers said......»»

Middle East and African airlines are in crisis with hundreds of thousands of jobs at risk from the coronavirus outbreak, the International Air Transport Association (IATA) said on Thursday, calling for state intervention......»»

Middle East airline Qatar Airways laid off about 200 Filipino staff in Doha this week and rival Emirates asked pilots to take unpaid leave as the coronavirus outbreak hammers demand for travel......»»

Middle East airline Qatar Airways laid off about 200 Filipino staff in Doha this week and rival Emirates asked pilots to take unpaid leave as the coronavirus outbreak hammers demand for travel......»»

Middle East governments should consider providing support to airlines to help them manage the impact of the coronavirus outbreak, which has led to a raft of flight cancellations, the industry's largest global body said on Monday......»»

HTC is optimistic about its VR business in 2020 expecting the global VR industry to have potential to surge by 50% in terms of market demand that will emerge from both the consumer and business sectors, according to company CEO Yves Maitre......»»

Airlines in the Asia-Pacific region stand to lose $27.8 billion of revenue this year as they slash flights due to declining demand as a result of the coronavirus, according to a preliminary estimate from an industry body. Ciara Lee reports.....»»

Asian shares fell and Wall Street was poised to retreat from record highs on Tuesday after Apple Inc said it would miss its March quarter revenue guidance as the coronavirus slowed production and weakened demand in China......»»

Asian shares fell and Wall Street retreated from record highs on Tuesday after Apple Inc said it will not meet its revenue guidance for the March quarter as the coronavirus outbreak slowed production and weakened demand in China......»»

Recent geopolitical events in the Middle East caused world oil prices to spike but the effect was soon reversed. The overall balance in global oil supply and demand should continue at least through........»»

French carmaker PSA Group said on Thursday global sales fell 10% last year to 3.49 million units, compared with a record 3.88 million in 2018, as it suffered from declining volumes in China, the Middle East and Africa......»»