NEW DELHI: India’s industrial output picked up pace in August, official data showed yesterday, growing 2.7 percent from the same month a year...
NEW DELHI: India’s industrial output picked up pace in August, official data showed yesterday, growing 2.7 percent from the same month a year...
TEHRAN: Falling oil exports, sliding currency, soaring inflation, slipping industrial output and rising unemployment — just some of the economic woes Tehran blames...
SHANGHAI: China’s currency hit a record high against the US dollar yesterday, in what analysts said could be a response to US political...
Shanghai: Beverage tycoon Zong Qinghou regained his position as China’s richest man this year, Forbes magazine said yesterday, but the global economic slump...
LONDON: European stock markets retreated yesterday, while the euro rose against the dollar, as investors wound down a week once more overtaken by...
SYDNEY: Dubai airline Emirates yesterday agreed to pay a fine of Aus$10m ($10.3m) to settle a case brought by Australian regulators who accused...
People walk in the centre of Athens yesterday. The state statistics agency said that Greece’s jobless rate jumped to 25.1 percent in July,...
LONDON: Next year offers only a slight improvement for a global economy hit by recession in Europe and slowing or moribund growth in...
FRANKFURT: Abu Dhabi’s sovereign wealth fund Aabar sold its remaining 3.07 percent stake in Daimler worth about ¤1.25bn ($1.6bn) on October 5, the...
Doha: Qatar Exchange’s main index gained a marginal 0.26 points last week when the bourse closed at 8,478.61 points yesterday. Trading value increased...
BERLIN: Bentley and Lamborghini’s plans to develop ultra-luxury SUVs may be put on hold to save cash for parent Volkswagen, company sources said,...
DUBAI: Qatar International Islamic Bank priced a $700m five-year sukuk yesterday, at a profit rate of 2.688 percent. HSBC Holdings, Standard Chartered and...
A man using a mobile phone walks past an advertisement board of Softbank Corp in Tokyo. Japan’s Softbank Corp is in talks to...
WASHINGTON: The number of Americans filing new claims for jobless benefits slid last week to the lowest level in more than four-and-a-half years,...
LONDON: Europe’s main stock markets rose yesterday, shrugging off Standard & Poor’s slashing Spain’s credit rating, and gained added steam from a big...
THE HAGUE: Four Nigerian villagers took Royal Dutch Shell to court yesterday in a landmark pollution case that campaigners said could open the...
TEHRAN: Auto production in sanctions-hit Iran nosedived by more than 42 percent in the past six months, media reports said yesterday. Some 459,440...
KUWAIT CITY: The National Bank of Kuwait (NBK) said yesterday that its net profit for the third quarter to September soared 37 percent...
