A jobs sign is seen on the front of the US Chamber of Commerce building in Washington, DC. The US economy continued to...
A jobs sign is seen on the front of the US Chamber of Commerce building in Washington, DC. The US economy continued to...
PARIS: Swiss bank UBS has been placed under formal investigation for alleged complicity in suspected illegal sales practices, the French prosecutor’s office said...
LONDON: A consortium led by a Kuwaiti sovereign wealth fund and two pension companies raised its proposed offer for Severn Trent to £5.3bn...
LONDON: Asian spot liquefied natural gas prices were little changed this week as global output showed signs of rebounding amid tame demand from...
NEW YORK: US retail behemoth Walmart yesterday announced a $15bn share repurchase programme, citing the continued benefits of the company’s strong cash flow....
Rolls-Royce Motor Cars employees present an all-new Rolls-Royce Wraith during the unveiling of a new Rolls-Royce showroom in the Russia’s second city of...
LONDON: A significant new investor in Britain’s shale industry suggests there are prizes to be had, but big oil companies are unlikely to...
MUMBAI: India’s billionaire Ambani brothers announced yesterday a $2.1bn deal to share telecom tower infrastructure, cementing a reconciliation between the once-warring siblings. The...
DUBAI: Saudi Arabia produced 9.6 million barrels per day (b/d) of oil in May, up from 9.3m b/d in April, an industry source...
NICOSIA: US firm Noble Energy said yesterday that it has started drilling off the southern shores of Cyprus to assess if there is...
ST PETERSBURG: The Group of 20 nations is intensifying its debate on how to withdraw the fiscal and monetary stimulus measures that developed...
A trader working on the floor of the New York Stock Exchange yesterday. LONDON: European equities fell yesterday after the ECB and Bank...
DOHA: Qatari stocks fell marginally yesterday showing no impact of Wednesday’s news reports hinting that plans were under way to encourage companies to...
DOHA: Qatar stepped in with QR26bn ($7.1bn) of financial support for its ailing property firm Barwa Real Estate yesterday, buying some key assets...
LONDON: Saudi Arabia’s Prince Alwaleed bin Talal, one of the world’s wealthiest businessmen who owns assets including London’s Savoy hotel, has launched a...
BRUSSELS: The European Commission will shortly present proposals to tighten up oversight of key financial market benchmarks, especially of interest rates, after recent...
People walk past closed shops at an arcade in central Athens yesterday. Greeks reacted with a mix of vindication and outrage at the...
HAMBURG/LONDON: Iran’s state grains buyer GTC swept back into international markets, picking up more than half a million tonnes of wheat to shore...
