$9.5 Billion in Iran Boeing Deals Now Dead, Airbus Worse Off
• https://www.themaven.netBoeing and Airbus are among the first casualties in Trump's cancellation of the nuclear deal with Iran.
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Business/ Commerce
Macy's to launch a clothing line geared toward Muslims
• http://www.fox5ny.comMacy's is launching a women's clothing line aimed at Muslim shoppers. The department store chain says it teamed up with a boutique called Verona Collection and plans to sell the collection of modest dresses, tops, cardigans and hijabs online. The cl
Saudi Arabia invests $1 billion into Virgin Galactic with $480 million option for space services
• nextbigfuture.com by brian wangThe Public Investment Fund (PIF) of Saudi Arabia and Virgin Group (Virgin), have signed a non-binding Memorandum of Understanding (MoU) for a partnership under which PIF intends to invest approximately $1 billion into Virgin Galactic, ...
Egypt signs $1bn contract with Russia, France & Oman to import LNG
• RTAs Egypt struggles with liquefied natural gas (LNG) shortages after the 2011 revolution, the country has signed a $1 billion import contract with Russia's Rosneft, France's Engie and Oman's OTI.
Chinese, Pakistani businesses build ties as Beijing splurges on 'Silk Road'
• http://www.dawn.com, REUTERSChinese companies are in talks to snap up more businesses and land in Pakistan after sealing two major deals in recent months, a sign of deepening ties after Beijing vowed to plough $57 billion into a new trade route across the South Asian nation.
Saudi Arabia is trying to steal Iran's biggest oil customer: China
• http://money.cnn.comWatch out Iran. Saudi Arabia is moving in on your biggest oil customer.
In Biggest Victory For Saudi Arabia, North Dakota's Largest Oil Producer Suspends All Fracking
• zerohedge.comYesterday, during his speech at CERAWeek in Houston, Saudi oil minister Ali al-Naimi made it explicitly clear that Saudi Arabia would not cut production, instead saying that it is high-cost producers that would need to either "lower costs, borrow cas
Here's one reason why Saudi Arabia is happy to take the pain of low oil prices
• http://www.businessinsider.com, Elena HolodnyOil prices cratered to a 14-year low on Thursday.
Dubai Crude Price Crashes To Lowest Since 2004, Stocks Hit 2 Year Lows
• Zero HedgeDubai Light Crude prices have plunged overnight, crashing the spot price below the 2008 lows for the first time, to its lowest since 2004. This is continuing to weigh on Dubai's once-exuberant equity market which just hit fresh 2-year lows as financi
Here's where each of the 12 OPEC members stand ahead of this week's meeting
• Business InsiderOPEC, the 12-member oil cartel, is meeting once again to discuss their game plan for production on Friday in Vienna.
Apple's New Headquarters Is Coming Along Quite Nicely, Per New Drone Footage
• motherboard.vice.comApple's futuristic new headquarters is quickly becoming a reality.
Two Former Amazon Executives Raise $1 Billion To Kill Amazon In India
• http://www.businessinsider.com, Eugene KimFlipkart, India's largest online retailer founded by two former Amazon executives, just raised $1 billion in its latest round of funding, according to The Wall Street Journal.
A Petro-Sectarian Map Of The Middle East
• zerohedge.comBecause when it comes down to it (as we explained here), all that matters is the resources...
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