NEW DELHI: India’s state-run banks will open 10,000 branches this year as part of a drive to extend formal financial services to the...
NEW DELHI: India’s state-run banks will open 10,000 branches this year as part of a drive to extend formal financial services to the...
TUNIS/DUBAI: A slide in Tunisia’s foreign reserves may undermine its currency and push the country into a balance of payments squeeze resembling the...
Philippe Varin, CEO of PSA Peugeot Citroen, visiting the production line in a new plant of Dongfeng Peugeot-Citroen Automobile Limited (DPCA) in Wuhan,...
ATHENS: Greece will not meet targets on reforming its public sector by an end-of-the-week deadline set by its international lenders, Finance Ministry officials...
NEW DELHI: Abu Dhabi has promised to invest $50bn in India’s cash-hungry infrastructure at a time when growth in Asia’s third-largest economy has...
CAIRO: The Egyptian pound inched weaker at a central bank foreign exchange auction, which was held early ahead of a yesterday army deadline...
WASHINGTON: The International Monetary Fund said yesterday that Israel’s tight restrictions hinder the growth of the Palestinian private sector, holding back the Palestinian...
A couple looks inside Toyota’s Corolla at its showroom in Beijing yesterday. Toyota Motor Corp and its China joint ventures sold about 76,900...
DOHA: Increase in foreign ownership limit (FOL) worked well for the price and trade volumes of Industries Qatar’s (IQ) stocks. After raising its...
A hot air balloon of environmental activist group Greenpeace flies in front of the Niederaussem coal-fired power plant operated by energy supplier RWE...
LONDON: Brent crude rose above $103 a barrel yesterday, up for a second day on concerns over supply disruption from Libya and worries...
DOHA: The Ministry of Development Planning & Statistics is set to launch a set of annual economic surveys 2013. These surveys will cover...
BRUSSELS/ATHENS: Greece has three days to reassure Europe and the International Monetary Fund it can deliver on conditions attached to its international bailout...
TOKYO: Japan’s Mitsubishi UFJ, the country’s largest lender, said yesterday it planned to buy 75 percent of Thailand’s Bank of Ayudhya for about...
CHICAGO: General Motors and Honda will combine forces to develop hydrogen fuel cell vehicles in the hopes of delivering them to customers by...
SINGAPORE: South Sudan’s shipment of its first crude cargoes in June after 17 months out of the market, on top of falling Japanese...
SINGAPORE: Saudi Aramco skipped renewing a half-yearly contract on three out of five naphtha grades for the first time with its Asian buyers...
CHICAGO: Ford and Chrysler posted solid gains in June US auto sales yesterday as analysts forecast a strong close to the first half...