AMMAN: Jordanian lender Arab Bank Group’s said its nine-month net profit rose 10 percent to $614m compared to last year, attributing it to...
AMMAN: Jordanian lender Arab Bank Group’s said its nine-month net profit rose 10 percent to $614m compared to last year, attributing it to...
Doha: China’s latest stimulus measures seem to have been enough to avoid a hard landing, says a weekly report by the QNB Group...
FRANKFURT: A group of 25 banks have failed European health checks, while up to 10 of those continue to have a capital shortfall,...
DUBLIN: European bank stress tests have found that Ireland’s permanent tsb (PTSB) had a capital shortfall of €800m to €850m at the end...
Doha: Bestway Group has taken formal control of the Co-operative Group’s pharmacy business. This follows July’s announcement of the £620m deal. The Group...
BRUSSELS: The ECB’s president warned divided eurozone leaders they risked “a relapse into recession” if they failed to press ahead with structural economic...
WASHINGTON: The International Monetary Fund announced a minimum interest rate on its unique SDR currency as it fights off the impact of sagging...
DUBLIN: Staff at Bank of Ireland , the country’s largest bank by assets, are set to receive their first pay increase in six...
NEW DELHI: India’s Finance Minister Arun Jaitley favours a cut in interest rates to trigger demand in the construction sector, a newspaper report...
SHANGHAI: French carmaker Renault Chairman Carlos Ghosn said yesterday that he expects slower growth in Europe’s auto market next year as it continues...
Camels are prepared for export at the loading dock at the seaport in Mogadishu. The Somali government’s grand vision for Mogadishu port under...
An overpass is seen under construction as a train travels past in Wuhan, Hubei province, yesterday. China’s economy is likely to grow by...
Labourers arrange steel structures at a construction site of an apartment in Hanoi, Vietnam, yesterday.
LONDON: Brent crude fell below $86 a barrel yesterday on news of strong supply from Middle Eastern Opec producers and as a confirmed...
MADRID: Two big Spanish finance groups, Bankia and Caixabank, reported rising profits in an encouraging sign for the sector two years after it...
SHANGHAI: US automaker Ford has launched its first vehicles under the luxury Lincoln brand in China, the company said, as it seeks to...
FRANKFURT: The European Central Bank tomorrow releases the results of an unprecedented health check of eurozone banks before assuming the role of the...
DUBAI/KUALA LUMPUr: Aabar Investments is demanding a hefty premium for its minority stake in Malaysia’s No.4 bank, sources say, as the Abu Dhabi...
