Indonesia's Freeport CEO steps down

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Source: Dukascopy Bank SA
Freeport's CEO in Indonesia Chappy Hakim stepped down on Saturday after the miner's parent announced a force majeure for concrete shipments in Papua.
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Sat, 18 Feb 2017 15:20:04 GMT

Iran to up oil output to 4.7 million bpd in next five years

A senior Iranian official claimed on Saturday that Iran will drill 500 more wells to reach an oil output of 4.7 million barrels per day in five years' time, up from 4 million bpd now.

Sat, 18 Feb 2017 14:24:15 GMT

Two million euros frozen in Vatican

Due to Pope Francis' effort to fight financial crimes, around two million euros were frozen during 2016 because of money laundering allegations.

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