UK bank Barclays says profit quadruples on recovery

London, Feb 23 (AFP/APP): British bank Barclays announced Wednesday that its 2021 net profit more than quadrupled as the economy recovered from coronavirus fallout. Profit after tax surged to almost £6.4 billion ($8.7 billion), helped by the release of £700 million that had been set […]

China accuses US of raising tensions on Ukraine issue

Beijing, Feb 23 (AFP/APP): China on Wednesday accused the United States of “raising tensions” and “creating panic” over the Ukraine crisis, shortly after Washington announced sanctions against Moscow and said it would continue to supply weapons to Ukraine against a Russian invasion. Beijing has trod […]

Ukraine showdown casts shadow over Qatar gas summit

Doha, Feb 19 (AFP/APP): Leading gas producers meet in Qatar from Sunday to discuss how to answer frantic world demand, but Russian President Vladimir Putin is expected to stay away as Ukraine tensions soar, diplomats said. The 11-member Gas Exporting Countries Forum holds its summit […]