SOFIA: The majority owner of Bulgaria’s troubled Corporate Commercial Bank (Corpbank) said yesterday it was working with Oman’s sovereign wealth fund and other...
SOFIA: The majority owner of Bulgaria’s troubled Corporate Commercial Bank (Corpbank) said yesterday it was working with Oman’s sovereign wealth fund and other...
JOHANNESBURG/LONDON: Platinum producer Lonmin aims to cut around 5,700 jobs, about 21 percent of its South African workforce, as part of a drive...
The logo of Swiss pharmaceutical company Roche outside their headquarters in Basel. ZURICH: Shares in pharmaceutical group Roche rose yesterday after the Swiss...
The world’s first eight customers of the new BMW i8 plug-in hybrid sports car receive instructions during an official delivery in Munich. PARIS/BERLIN:...
FRANKFURT/SHANGHAI : Three German car parts suppliers have been told by China they can no longer manage their Chinese units independently but need...
KARACHI: The Pakistani rupee has lost more than four percent against the dollar in a little over two weeks as an ongoing political...
DOHA: The Mena IPO market performed robustly in the first half of 2014 (H1, 2014) raising $2.4bn from 16 IPOs. This has been...
DOHA: The Monthly Producer Price Index (PPI) of the Industrial sector for June 2014 increased 4.1 percent to 171.3 compared to June last...
Doha/Dubai: Qatar Exchange index dropped slightly yesterday, down 22.68 points, or 0.16 percent, as it closed trading at 13,753.51 points. The trading value...
Apartment blocks in Stockholm. Four out of 10 borrowers in Sweden are not paying off their debt and on average it takes Swedes...
A customer uses a Bitcoin ATM located in Flat 128, a boutique in New York’s West Village. The Bitcoin ATM producers Lamassu and...
HARPSUND, Sweden: Sweden’s centre-right government delivered a gloomy message to voters ahead of next month’s general election, cutting its growth forecast due to...
SHANGHAI: Chinese Premier Li Keqiang urged the heavily scrutinised railway sector to seek more private investment and rely less on state support as...
New York: Dynegy plans to spend more than $6bn to buy several coal and gas power generation plants from Duke Energy and Energy...
GENEVA/WASHINGTON: A World Trade Organisation (WTO) dispute panel ruled against Argentina in a 2012 case brought by the United States, European Union and...
MOSCOW: Russian authorities are not planning to close the McDonald’s chain in the country, Deputy Prime Minister Arkady Dvorkovich was quoted saying on...
MOSCOW: Russian flag carrier Aeroflot will create a new low-cost unit after Western sanctions grounded its first effort to enter the market, the...
BUCHAREST: Tax evasion is eating away at the heart of Romania and holding back the country, among the poorest in the European Union,...
