Asian Economy Expected to Grow by 6.5% in 2021
The Asian economy is recovering from the negative impact of the pandemic and is projected to grow more than 6.5% in 2021, TASS news agency...
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Kazakhstan Aims to Increase Its Petrochemical Products’ Output 5.5 Times
Kazakhstan plans to increase its production volume of petrochemical products to 2 million tons by 2025, which is 5.5 times more than in 2020, Kazinform...
Prince Philip, Husband of UK’s Queen Elizabeth, Dies Aged 99
Prince Philip, husband of the U.K.’s Queen Elizabeth II, has passed away at the age of 99.
The Prince “passed away peacefully this morning at Windsor...
Natural Gas Prices Rise on Storage Build
Global natural gas prices have set a record and reached their highest level since the fall of 2018, Russia-based Kommersant newspaper reported on Thursday with...
Port of Baku Expects to Increase Its Cargo Turnover
The Baku International Sea Trade Port expects the volume of its cargo transportation this year will exceed the indicators of previous years, the head of...
LG to Shut Down Its Smartphone Business
LG, the South Korea-based electronics manufacturer, will soon stop producing new mobile phones worldwide, according to a press release from the company published on Monday.
The...
OPEC, Allies Agree to Gradually Boost Oil Output
Organization of the Petroleum Exporting Countries (OPEC) and an alliance of other top oil producers in an online meeting on Thursday have agreed to gradually...
Russia Intends to Introduce Export Duty on Sunflower Oil
The Subcommittee on Customs Tariff and Non-Tariff Regulation of Russia has approved the introduction of a floating duty on the export of sunflower oil from...
Azerbaijan Discovers New Gas Condensate Reserves in Caspian Sea
New gas condensate reserves have been discovered in Shafag-Asiman block in the Azerbaijani sector of the Caspian Sea, the Azerbaijani state oil company SOCAR said...
Samsung, Mastercard Team Up to Develop Biometric Payment Card
Samsung Electronics and Mastercard have partnered to develop a biometric card that uses a built-in fingerprint sensor to authorize in-store transactions.
The partnership, confirmed through a...
