Sunday 26 April 2015
 
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Supply

Apple Watch goes on sale amid supply shortage

The Apple Watch goes on sale around the world on Friday, the final stage of a protracted launch of Apple Inc Chief Executive Tim Cook's first new product, capping months of publicity and a frenetic two weeks of pre-orders. Buy

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Iron ore in fresh crisis as forward prices crumble

Iron ore is veering to a new crisis as prices for future delivery of the commodity slide 30 per cent in the space of a month, and its outlook is now more bearish than oil and more dire than ever for miners struggling to just stay in business.

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Apple's smartwatch demand to exceed supply at launch

Apple said on Thursday it expected the "tremendous interest" in its new smartwatch to result in demand outstripping supply when the gadget hits stores on April 24. Apple said it would take orders for the watch exclusivel

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Opec oil output hits highest since October on Iraq, Saudi

The Organization of the Petroleum Exporting Countries (Opec) oil supply has jumped in March to its highest since October as Iraq's exports rebounded after bad weather and Saudi Arabia pumped at close to record rates, a Reuters survey found

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Oil falls more than $1 as Mideast supply fears ease

Oil prices fell more than $1 a barrel on Friday as worries receded over the threat of disruptions to Middle East supplies due to Saudi Arabia-led air strikes in Yemen. Goldman Sachs said the bombing of Yemen would have little effe

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GreenParking wins Dewa EV chargers supply deal

GreenParking, the first one-stop-shop parking company in the Middle East that provides environmental-friendly products and solutions, said it has been selected by Dubai Electricity and Water Authority (Dewa) to supply electro vehicle (EV) charge

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Kuwait renews $1bn BP jet fuel supply deal

State-run Kuwait Petroleum Corporation (KPC) has renewed contracts worth $1 billion with BP to provide the British oil company with jet fuel and gasoil, state news agency Kuna said on Tuesday. "The contracts that cover 2015 w

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Batelco signs bilateral supply deal with China Unicom

Bahrain Telecommunication Company (Batelco) has signed a master bilateral supply agreement with China Unicom Hong Kong, the international business development arm of China Unicom group in Asia Pacific and the Middle East regions, during the annu

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Thales lands Qatar tramway supply deal

Thales, a global technology leader in the aerospace, transportation, defence and security markets, said it has signed a contract with QDVC, a leading construction company, for delivery of integrated supervision and telecommunications equipment a

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Brent crude dips below $58 on strong dollar

Brent crude futures dipped below $58 a barrel on Tuesday as the dollar hit multi-year highs and the oil market remained hobbled by oversupply and weak demand. The US dollar hit a near 12-year peak against the euro and an eight-yea

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