Russia relaxes ban on fuel exports

Cross-border sales were halted last month in a bid to stabilize the domestic market The Russian government has lifted restrictions on diesel exports, but a ban on gasoline shipments out of the country remains in place, the press service of the Council of Ministers announced on Friday.

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Hollywood strikes cost sector thousands of jobs

The American film industry has shed 7,000 positions in September alone, official data showed The strike by script writers and actors in Hollywood has cost the US entertainment industry 45,000 jobs since May, according to an employment report published on Friday by the US Bureau of Labor Statistics.

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Saudi Arabia considers oil measure to secure defense deal – WSJ

Washington has been pressuring Riyadh to scrap its voluntary crude output cuts to lower prices for months Major oil producer Saudi Arabia is willing to increase production early next year in exchange for a defense pact with the US, the Wall Street Journal reported on Friday, citing Saudi and US sources.

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