LONDON: Britain’s unemployment rate has fallen to its lowest level in four-and-a-half years, data showed yesterday, testing the Bank of England’s plans to...
LONDON: Britain’s unemployment rate has fallen to its lowest level in four-and-a-half years, data showed yesterday, testing the Bank of England’s plans to...
PARIS: Darty Plc, Europe’s third-largest electricals retailer by sales has agreed to sell its loss-making Turkish business and plans to buy a French...
SHANGHAI: The virtual currency Bitcoin crashed in China yesterday, falling nearly 50 percent after the country’s biggest trading platform BTC China banned deposits...
DOHA: QInvest has advised on sukuk transactions in 2013 totalling $3.5bn, and expects another busy year in 2014, with increased activity from within...
SEOUL: Business sentiment among Asia’s top companies dropped sharply in the fourth quarter, extending last quarter’s declines, with global economic uncertainty and rising...
MOSCOW: Gazprom will sell gas to Ukraine at a big discount under a deal agreed by President Vladimir Putin but the state gas...
NICOSIA: Bank of Cyprus (BoC) announced yesterday a nine-month net loss of ¤1.94bn ($2.66bn), mostly on the back of provisions for winding up...
Al KHOBAR: Saudi Electricity Co (SEC) has signed a $366m loan agreement with the Japan Bank for International Cooperation (JBIC) and two Japanese...
GENEVA: Disasters caused global economic losses of about $130bn (¤94.5bn) this year, Swiss Re said yesterday, but there was little insurance coverage for...
NEW YORK: Ford Motor shares tumbled more than six percent yesterday after the company forecast disappointing 2014 profit and said its mid-decade profit...
OSLO: Budget airline Norwegian Air Shuttle said yesterday it had ordered two new Boeing 787-9 Dreamliners in a vote of confidence in the...
KUWAIT: Ibrahim Dabdoub, one of the longest-serving bank executives in the world, will retire from National Bank of Kuwait next year after leading...
NEW DELHI: India’s oil imports from Iran fell 34.8 percent in April-November from a year ago despite a jump last month, giving New...
ANKARA: Cold winter weather has forced Turkey to seek costly cargoes of liquefied natural gas (LNG) for December as power demand soars, traders...
ATHENS: In the crisis-hit, jungle-like Greek job market, not only has unemployment reached staggering heights, but salaries are paid with huge delays and...
DOHA: The burgeoning consumer demand, underpinned by a projected seven percent year-on-year population growth, Qatar’s headline inflation is expected to go up over...
Employees of the BLG Logistics Group working on a line of new Mercedes-Benz cars in Bremerhaven, Germany. New car sales in the European...
A bucket-wheel excavator extracting coal from the brown coal open cast mine Garzweiler in Immigrath, western Germany. The small town and surrounding towns...
