SHANGHAI: Chinese oil giant Sinopec is entering Egypt despite the country’s political strife, announcing yesterday it is buying a $3.1bn stake in an...
SHANGHAI: Chinese oil giant Sinopec is entering Egypt despite the country’s political strife, announcing yesterday it is buying a $3.1bn stake in an...
RIO DE JANEIRO: Brazil, Latin America’s leading economy, expanded 1.5 percent in the second quarter of 2013 compared with the previous three month,...
MADRID: Spain recorded a current account surplus in January-June this year for the first time on record as exports and investor confidence in...
MILAN: Telecom Italia SpA shares jumped as much as 10 percent yesterday, on speculation it might be the next quarry in a recent...
A customer counts money inside a currency exchange shop in Kolkata. NEW DELHI/MUMBAI: The Indian rupee rebounded yesterday from a record low as...
DOHA: Qatar Exchange (QE) snapped its four-day bear run yesterday gaining 71.31 points or 0.75 percent to close at 9,619.04 yesterday. The volume...
LONDON: European stock markets rebounded yesterday as fears eased over any imminent Western intervention in Syria and investors switched focus to a possible...
KHOBAR: Saudi Arabia and Kuwait have shelved their project to develop the Dorra offshore gas field after disagreeing over how to share the...
LONDON: Brent crude oil dropped below $116 a barrel yesterday as the possibility of a delay in a US-led military strike on Syria...
LONDON/GENEVA: Libya’s crude oil exports have shrunk to just over 10 percent of capacity from three ports, out of a possible nine, as...
NEW DELHI: Seventeen-year-old Indian student Appu Sharma was going to apply to a US university to study economics but with the rupee on...
LONDON: The $60 trillion “shadow banking” sector has been given until 2015 to comply fully with its first set of global rules after...
MUMBAI: India is considering a radical plan to direct commercial banks to buy gold from ordinary citizens and divert it to precious metal...
LONDON: Vodafone is in talks on a possible sale of its stake in US joint-venture Verizon Wireless said to be worth more than...
The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada (forth right), Prime Minister of Japan Shinzo Abe (fifth...
DOHA: The visiting Japanese Premier, Shinzo Abe yesterday urged Qatar to lift import restrictions on Japanese food and fruits here at the opening...
DOHA: The problems that are pushing the Indian currency down are of India’s own making and the Indian government is wrongly blaming external...
DOHA: Qatar’s foreign trade surplus widened to QR32.1bn in June 2013. The figure shows an increase of QR0.6bn, up two percent compared to...
