Business

DOHA: Fitch Ratings has affirmed Ras Laffan Liquefied Natural Gas Company Limited (2)’s  and Ras Laffan Liquefied Natural Gas Company Limited (3)’s senior...

NEW YORK: Crude oil prices were slightly higher in lacklustre trading yesterday, gains kept in check by a stronger US dollar and less...

DUBAI: Pakistan mobile operator Warid Telecom has been put up for sale by its Abu Dhabi owners and is likely to draw interest...

FRANKFURT: The European Central Bank has no intention of altering eurozone interest rates for the time being, as economic conditions remain weak, two...

DUBAI: Dubai Holding’s telecoms unit has hired Credit Suisse as a financial adviser to sell its 35-percent stake in state-owned Tunisie Telecom, three...

BRUSSELS: European leaders will use a summit this week to examine how to use billions of euros to fight soaring youth unemployment, though...

  BRUSSELS: European officials meeting in Luxembourg have struck a deal to cut subsidies for big business farms and boost young farmers as part...

PARIS: France Telecom’s CEO said yesterday that IMF chief and former French finance minister Christine Lagarde was fully briefed before approving an arbitration...

TORONTO: Canada’s largest bank and some of its most influential fund managers plan to set up a new stock exchange to challenge the...

PARIS: Borrowing rates on the eurozone and US bond markets eased in morning trading yesterday after sharp rises in response to clear signs...

NICOSIA: Cyprus said yesterday it was not trying to wriggle out of terms of an EU/IMF bailout imposed on the island, but said...

ABUJA: Cocoa-producing Osun State plans to issue Nigeria’s first sukuk bond, starting with 10bn naira ($62m), before the end of July, a banking...

ZURICH: The Financial Stability Board, a global watchdog, said yesterday it had created a taskforce to probe benchmark interest rates such as the...

MUMBAI: India’s market regulator yesterday announced an overhaul of existing regulations for foreign investors, in a bid to attract crucial inflows to the...

  ABUJA: Cocoa-producing Osun State plans to issue Nigeria’s first sukuk bond, starting with 10bn naira ($62m), before the end of July, a banking...

DUBLIN: Ireland’s deputy prime minister laid in to “arrogant” executives yesterday at a failed bank who mocked government efforts to tackle an economic...

Managing Director and Chief Executive Officer of Mercedes-Benz India Eberhard with the newly-launched E Class model of Mercedes-Benz at a function in New...

TOKYO: Japan’s All Nippon Airways and AirAsia said yesterday they have agreed to terminate their budget carrier joint venture as business slumped amid...