DUBAI: Iran is on course to become the world’s largest importer of natural gas by 2025 unless it can rein in rampant domestic...
DUBAI: Iran is on course to become the world’s largest importer of natural gas by 2025 unless it can rein in rampant domestic...
FRANKFURT: The euro area’s stubbornly low inflation could persuade the European Central Bank to cut its interest rates again, but analysts are divided...
Moscow: Russia warned Ukraine it may lose a discount to the gas price it now pays to “Gazprom” due to Kiev’s outstanding gas...
NEW YORK: TGI Fridays, the global casual dining restaurant chain known for its red-striped canopies and memorabilia-rich decor, is in advanced talks to...
KHARTOUM: Fighting in South Sudan has cut production from the country’s lifeline oilfields by about 29 percent, the press secretary to President Salva...
BERLIN: Just as Europe’s car market recovery shifts up a gear, the region’s biggest automaker Volkswagen will have little new to display from...
Beijing: China is set to beat its shale gas production target in 2015, after one of the country’s major oil firms moved a...
Seoul: Korea Electric Power Corp (Kepco), South Korea’s state-run energy company under pressure to improve its financial health, said yesterday that it will...
MILAN/PARIS: Idle plants, surly unions and a weak, ageing model line-up — the challenges facing Fiat Chrysler’s Italian revival sound a lot like...
WASHINGTON: Regulators have closed small lenders in Virginia and Pennsylvania, bringing US bank failures this year to five after 24 closures in 2013....
Sheikh Mohammad bin Faisal bin Qassim Al Thani (centre) and Yousef M Al Jaida of Qatar Financial Centre (left) with Sara Abdullah of...
Traders on the floor of the stock exchange on Friday in New York City. US stocks Friday finished mostly higher with the S&P...
A view of Basra refinery BASRA: Oil exports from Iraq rose to a record 2.8 million barrels per day (bpd) on average in...
Senior officials celebrate the launch of Air Arabia’s flights. Doha: Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier,...
A Sears store is seen in Coral Gables, Florida. According to reports the US Secret Service is investigating a possible digital attack at...
A Sears store is seen in Coral Gables, Florida. According to reports the US Secret Service is investigating a possible digital attack at...
A general view of the Volkswagen plant in Chattanooga, Tennessee. An anti-union workers’ group moved to undercut a United Auto Workers challenge of...
A job seeker looks at employment information during a job fair at Shanghai Stadium in Shanghai yesterday.