MILAN, July 21 AC Milan said on Saturday a former oil company boss had been put in charge of the top-ranked Italian soccer club while it searched for a new chief executive, after U.S. fund Elliott took control.
DUBAI, July 21 Iran's Supreme Leader Ayatollah Ali Khamenei on Saturday backed President Hassan Rouhani's suggestion that Iran may block Gulf oil exports if its own exports are stopped and said negotiations with the United States would be an "obvious mistake".
MONROVIA, July 21 Liberia's largest palm oil company, Golden Veroleum, has quit a global eco-certification scheme in response to accusations from a global watchdog that it failed to get consent from communities before expanding onto their lands, the firm said.
RIYADH, July 20 Saudi Aramco's potential acquisition of a stake in petrochemicals maker SABIC would affect the timeframe of its own planned initial public offering, the firm's chief executive, Amin Nasser, said in a TV interview.
RIO DE JANEIRO, July 20 Brazil's state-led oil company Petrobras entered the binding phase for the partial sale of four concessions in the deep off-shore waters of the Sergipe-Alagoas Basin, the company said in a securities filing on Friday.
MUMBAI India slashed the sales tax rate on over 50 products on Saturday in a move aimed at appealing to traders and the middle classes as Prime Minister Narendra Modi's government eyes next year's elections.