According to him, even if they have to work incurring certain losses, the KMG National Oil Company will be maintaining the prices at the declared level regardless of the marketing economy rules.
Football fans heading to Rio for the World Cup will have to pay at least double the going rate for hotel accommodation despite government attempts to limit price-gouging during the tournament.
The Japanese owner of US mobile carrier Sprint said he wanted to launch a "price war" with the two major carriers as he seeks to acquire T-Mobile's US unit.
Oil prices rose in Asian trading hours Wednesday due to strong winter demand and expectations that new Federal Reserve head Janet Yellen will not shake up US monetary policy.
Oil prices were mixed in Asian trade Monday as dealers focused on the US Federal Reserve's policy meeting this week in anticipation of further stimulus pullback.
Oil prices edged lower in quiet Christmas Eve trade in Asia Tuesday as dealers engaged in profit-taking, with a lack of leads to spur fresh market movement, analysts said.
The first book written in what is today the United States of America fetched $14.2 million in New York on Tuesday, becoming the world's most expensive printed book sold at auction.
The annual sale of Rio Tinto's rare pink-hued diamonds attracted unprecedented interest with at least two of the stones fetching record prices of over $2 million.
Sudan vowed Sunday to stand firm on fuel price hikes, despite days of deadly protests and criticism from war veterans, hardline Islamic leaders and from within the ruling party itself.
