Latest news with #internationalcompanies
LBCI
11 hours ago
- Business
- LBCI
Qatar says its output at gas field shared with Iran is steady, following Israeli strike
Qatar said on Tuesday its gas production at the South Pars field is steady and supply is proceeding normally, after the world's largest gas field was struck by Israel on Saturday, prompting Iran to partially suspend its production. Qatar, the world's third biggest liquefied natural gas exporter after the U.S. and Australia, shares the South Pars gas field with Iran. Iran partially suspended production at the field after an Israeli strike caused a fire on Saturday. "So far, gas supplies are proceeding normally. However, the ill-advised targeting raises concerns for everyone regarding gas supplies," Qatar foreign ministry spokesperson Majed Al-Ansari said. "This is a reckless move... The companies operating in the fields are international, and there is a global presence, especially in the North Field," he said during a weekly press briefing in Doha.
Washington Post
11-05-2025
- Business
- Washington Post
Puerto Rico seeks to lure manufacturing to boost its economy as Trump's tariff war deepens
SAN JUAN, Puerto Rico — A global trade war is offering Puerto Rico hope as the U.S. territory, attempts to strengthen its fragile economy. Government officials are jumping on planes to try and convince international companies to relocate their manufacturing plants to the island, where they would be exempt from tariffs.
