NEW YORK: US oil futures fell by more than $1 yesterday as US jobs data came in below expectations, tempering economic optimism that...
NEW YORK: US oil futures fell by more than $1 yesterday as US jobs data came in below expectations, tempering economic optimism that...
MADRID: Spain basked in a summer jobs boom in July when the number of people registered as being unemployed dropped for the fifth...
MONTREAL: TransCanada announced plans for the construction of a $12bn pipeline to carry oil from the Alberta oil sands to the Atlantic seaboard....
SYDNEY: Australia said yesterday that its budget deficit has blown out to A$30bn and revenues are shrinking, as it unveiled a pre-election mini-budget...
LONDON: Europe’s main stock markets mostly shrugged off disappointing monthly US jobs data yesterday that suggested the recovery in the world’s top economy...
GENEVA: China breached the rules of global commerce by imposing duties on imports of US chicken, the World Trade Organisation ruled yesterday, saying...
JAKARTA: Indonesian growth slipped below six percent last quarter as exports and investment fell in Southeast Asia’s top economy due to global weakness,...
LONDON: State-rescued Royal Bank of Scotland promoted New Zealander Ross McEwan to the post of chief executive yesterday ahead of the bank’s expected...
CHICAGO: US auto sales continued to accelerate, posting the best July performance since 2006 on Thursday as consumers flocked to dealerships to replace...
Two Motorola employees transfer data between two of Motorola’s Moto X as the American-manufactured smartphone is unveiled at a news conference in New...
By Satish Kanady DOHA: Driven by higher investments and net interest income, listed banks in Qatar have delivered a steady set of results...
NEW YORK: US crude oil prices rose more than 2 percent yesterday, narrowing its discount to European Brent for a second day, on...
Doha: Mazaya Qatar Real Estate Development has reported increase in net profit while Salam International, Qatar German Medical Devices and Barwa Real Estate...
BELGRADE: Etihad Airways, which has stakes in Virgin Australia and Air Berlin, will acquire a 49 percent stake in Serbia’s loss-making JAT Airways....
LONDON/PARIS: Chinese authorities visited a regional office of French drug maker Sanofi this week in the latest sign of a widening investigation into...
LONDON/BRUSSELS: , The European Union backtracked from plans to levy a 4.7 percent duty on jet fuel imports from the Middle East and...
LONDON: European stock markets climbed but the euro slid against the dollar yesterday as both the European Central Bank and the Bank of...
CAIRO: Egypt’s central bank unexpectedly lowered its main overnight interest rate by 50 basis points at a policy meeting yesterday, saying it was...