LONDON: J Sainsbury, Britain’s No. 3 supermarket chain, met forecasts for underlying sales growth in its first quarter, outperforming major rivals with an...
LONDON: J Sainsbury, Britain’s No. 3 supermarket chain, met forecasts for underlying sales growth in its first quarter, outperforming major rivals with an...
NEW YORK: India’s Apollo Tyres will take over US-based Cooper Tire & Rubber in a $2.5bn all-cash deal, creating the world’s seventh-largest tire...
LONDON: Opec predicted world oil demand will grow more quickly in the rest of 2013 and indicated the group can keep pumping more...
KARLSRUHE, Germany: The European Central Bank defended in Germany’s highest court yesterday a controversial bond purchase scheme that is credited with pulling back...
DOHA: Nakilat Inc, a wholly owned subsidiary of Qatar Gas Transport Company Ltd (Nakilat), has successfully arranged $917m refinancing with Qatar National Bank...
Bottles of detergent on the production line at the Ecover factory in Malle, near Antwerp, yesterday. Belgium’s Ecover, the world’s largest maker of...
DOHA: Al Khalij Commercial Bank (al khaliji) has launched ‘cross country mortgages’ for customers looking to purchase property in Qatar, UAE and France....
DOHA: Siemens, the global powerhouse in electronics and electrical engineering operating in the energy, infrastructure, industry and healthcare sectors, has secured a contract...
A worker selects oranges at an agricultural cooperative in Cheste near Valencia yesterday. Prolonged recession and record unemployment have hit rural areas hard,...
NEW YORK: Shale-based resources increase the world’s total potential oil reserves by 11 percent and natural gas by 47 percent, according to a...
DUBAI: New car sales in the United Arab Emirates are likely to jump above the peak achieved in 2008 before the global credit...
International Monetary Fund’s Senior Representative for Greece Bob Traa (left) arrives at the Finance Ministry in Athens yesterday. ATHENS: Greece played down yesterday...
LONDON/BRUSSELS: The European Commission unveiled an array of measures and recommendations yesterday to revive Europe’s steel industry, hurt by tumbling demand and plant...
CAIRO: Egypt’s central bank said it had suspended its deposit auction yesterday and would hold a repurchase agreement (repo) auction in its place,...
DUBAI: Annual inflation in Yemen surged to 14 percent in April, the highest level since February 2012, fuelled by rises in the prices...
LONDON: Britain’s top banking regulator has said bankers should be stopped from cashing in shares from their bonus packages for up to a...
THE HAGUE: A US court has dismissed a $3bn (¤2.2bn) claim against General Motors, accused of deliberate action to bankrupt Sweden’s Saab in...
NEW DELHI: Car sales in India slid by over 12 percent in May, data showed yesterday, marking an unprecedented seventh straight month of...
