WASHINGTON: The US economy grew faster than initially thought in the third quarter as restocking by businesses provided a big boost, but consumer...
WASHINGTON: The US economy grew faster than initially thought in the third quarter as restocking by businesses provided a big boost, but consumer...
NEW DELHI: Norway’s state-run telecom giant Telenor said yesterday that it expects to achieve financial break-even on its mobile operations in India by...
TOKYO: A mobile phone that monitors the user’s skin condition, checking for blemishes and colour, was unveiled in beauty-conscious Japan yesterday. The “Hada...
ABU DHABI: A long-awaited law to allow further foreign ownership of companies in the United Arab Emirates (UAE) is unlikely to be passed...
People walk past the Bombay Stock Exchange (BSE) building in Mumbai yesterday. Doha: Qatar Exchange index was down 34.75 points or 0.41 percent...
GENEVA: The effects of Superstorm Sandy which devastated parts of the Northeastern US and the Caribbean last month are deepening an already dire...
FRANKFURT: German unemployment rose in November, data showed yesterday, amid signs that Europe’s top economy is increasingly feeling the pinch from the debt...
MOSCOW: Top oil producer Russia risks petrol shortages next year as its refineries fail to keep up with tighter emission standards, which could...
NEW DELHI: US car giant Ford said yesterday that it aims to roll out eight new cars in India by mid-decade as it...
Visitors look at construction machinery at the China 2012 International Trade Fair for Construction Machinery, Building Material Machines, Construction Vehicles and Equipment at...
DUBAI: As banks in much of the rest of the world struggle to shore up balance sheets ravaged by weak economies, banks in...
Doha: Barwa Bank, Qatar’s fastest growing Shari’ah compliant banking service provider, has successfully launched its first equity fund, “The First Investor GCC Equity...
ABU DHABI: Abu Dhabi National Energy Co (Taqa) will buy a number of BP’s North Sea assets for over $1.3bn in a sign...
SAN FRANCISCO: Microsoft said that it sold 40 million licenses for its Windows 8 operating system in the first month after a launch...
MADRID: Spain advanced yesterday with a major overhaul of its stricken banking sector after Brussels approved EU-funded restructuring plans, while nationalised Bankia announced...
LONDON: A small British company with a dream of building a re-usable space plane has won an important endorsement from the European Space...
KIEV/MADRID: Ukraine admitted it had signed a $1.1bn gas terminal deal with an unauthorised man it thought was acting for Gas Natural Fenosa,...
AMMAN: Saudi Arabia is about to deposit $250m with Jordan’s Central Bank as part of an $800m planned contribution to help the country’s...
