JOHANNESBURG: World number one producer Anglo American Platinum said yesterday it will begin laying off around 6,900 workers in South Africa on September...
JOHANNESBURG: World number one producer Anglo American Platinum said yesterday it will begin laying off around 6,900 workers in South Africa on September...
STOCKHOLM: Swedish industrial group Atlas Copco announced yesterday it was acquiring British pump and vacuum engineering specialist Edwards for $1.6bn (¤1.2bn). Atlas Copco...
The Acura “NSX Concept” supercar is unloaded in front of the Lodge prior to being displayed on the Concept Lawn during the Pebble...
DOHA: Qatar Development Bank (QDB) has unveiled huge number of business opportunities that local companies and Qatari entrepreneurs can seize from the upcoming...
DOHA: Qatar leads the Middle East and North Africa (Mena) region with four out of the top 10 (40 percent) acquisition & merger...
PARIS: The eurozone bond market is gradually recovering from the disruption caused by the debt crisis, analysts say, with the gap in borrowing...
PARIS: Governments face a rise in their borrowing costs due to the winding down of monetary stimulus programmes and as investors bet on...
DOHA: The GCC insurance sector grew to nearly $16bn in terms of gross premium written in 2012. The sector witnessed growth rates of...
KABUL: Afghanistan’s landmark oil project has ground to a halt and most Chinese staff have left less than a year after production started...
BALCOMBE, England: British opposition to shale gas extraction flared up in the tiny village of Balcombe yesterday as hundreds marched on an oil...
BEIJING: China hopes to suspend its laws governing foreign investment in proposed free trade zones, the cabinet said, in a sign the world’s...
A general view of the Egyptian stock exchange in Cairo yesterday. DUBAI: Egypt’s bourse suffered its largest one-day drop in four months yesterday...
Doha: Qatar Exchange index yesterday added 23.17 points or 0.23 percent to advance to 9,909.85 points from 9,886.68 on Thursday. The volume of...
STOCKHOLM: General Motors and German retailer Metro AG reopened facilities in Egypt yesterday while Electrolux extended plant closures until security stabilises. Electrolux, the...
Salalah: The 18th Annual Conference “Arbitration in Disputes of Capital Markets in the GCC Countries”, opened in Salalah yesterday under the patronage of...
ADEN: Yemen has allowed 18 international oil firms to bid for 20 onshore and offshore blocks in the sixth auction issued by the...
DUBAI: Shares of Dubai property developer Union Properties, in which lender Emirates NBD holds a major stake, surged 11 percent in massive trading...
The US Dollar remained under pressure against all major currencies this week despite the strong data out of the US economy. Indeed, the...
