DUBAI, Feb 11 The European Union's sugar
industry needs to consolidate to contend with the sharp fall in
prices since the end of production quotas in 2017, the chief
executive of French producer Cristal Union said on Monday.
DUBAI Commodities trading firm Louis Dreyfus expects faster switching between sugar and ethanol production in Brazil, with more flexible mills leading to "dramatic" price-driven shifts.
* Alvean expects slight global sugar surplus in 2019/20
(Adds more quotes, context)
ABU DHABI Italy's Eni and Austria's OMV have agreed to pay a combined $5.8 billion to take a stake in Abu Dhabi National Oil Company's (ADNOC) refining business and establish a new trading operation owned by the three partners.
Beirut Angesichts eines drohenden Angriffs der türkischen Armee auf die syrische Kurdenmetropole Manbidsch ist die syrische Armee am Freitag in die Stadt eingerückt.
ISTANBUL/BEIRUT Turkey will take over the fight against Islamic State militants in Syria as the United States withdraws its troops, President Tayyip Erdogan said on Friday, in the latest upheaval wrought by Washington's abrupt policy shift. | Video
BEIRUT Syria's government has been using a little-known anti-terrorism law to seize property from dissidents and their families as it takes back control of areas that were held by rebel groups, rights groups and some of the people affected say.
BEIRUT For six years Amina al-Khoulani hoped her brothers Majd and Abdelsattar were alive, albeit cut off in a Syrian government prison after their arrest early in Syria's war. | Video
SHARJAH/DUBAI A United Arab Emirates court on Sunday dismissed a criminal case against the founder of private equity firm Abraaj, Arif Naqvi, and another executive for issuing a cheque without sufficient funds, after the claimant dropped the complaint.
DUBAI Residents unable to flee Hodeidah face constant bombardment, lack of clean water and power cuts as an Arab coalition battles to capture Yemen's main port from Iran-aligned Houthis in the biggest battle of a three-year war.