LONDON: Brent crude oil futures drifted further below $103 a barrel yesterday as a strong dollar and plentiful supplies continued to pressure prices....
LONDON: Brent crude oil futures drifted further below $103 a barrel yesterday as a strong dollar and plentiful supplies continued to pressure prices....
LONDON: The chairman of banking giant HSBC warned yesetrday that uncertainty over the economic future of Scotland could lead to “capital flight” if...
LONDON: Britain announced that energy and mining firms would have to disclose from next year any payments made to governments in countries where...
Hong Kong: State-run Kuwait Petroleum Corporation (KPC) and China’s Unipec signed a landmark deal yesterday that will almost double crude oil deliveries over...
NEW DELHI: US casual-wear retail giant Gap Inc says it will open 40 stores in India, calling the expansion “an important next step”...
HONG KONG: New budget airline Jetstar Hong Kong said yesterday it has sold a total of six of its aircraft because it is...
FRANKFURT: The German government said yesterday it has given the go-ahead to power giant RWE’s sale of its Dea oil and gas unit...
MOSCOW: Russia’s farm sector needs an additional 636bn rubles (¤13.2bn) of investment to replace the products it banned in response to Western sanctions,...
A Bank of America branch in New York’s Times Square. WASHINGTON/NEW YORK: Bank of America Corp reached a record $16.65bn settlement with the...
Mongolia’s President Tsakhiagiin Elbegdorj (right) shakes hands with his Chinese counterpart Xi Jinping during a signing ceremony at the national parliament building in...
A general view of a car park in front of an Ikea store, which is part of a shopping mall on the outskirts...
A real estate agent’s sign announces a home sale in Centreville, Virginia. WASHINGTON: US home resales raced to a 10-month high in July...
ABU DHABI/LONDON: Ban-king group Standard Chartered Plc is liable to legal action in the United Arab Emirates after it agreed to close some...
LONDON: European stock markets climbed yesterday, cheered by hints the US Federal Reserve could raise interest rates sooner than expected in view of...
LONDON: Dubai’s iconic island resort, Atlantis, The Palm, owned by Investment Corporation of Dubai (ICD) is looking to reprice or refinance an $880m...
LONDON: British retail sales grew in July at the slowest annual rate since November of last year, while the government failed to make...
DUBAI: Saudi Arabia’s stock market regulator proposed rules yesterday for opening the $580bn market to direct investment by foreign institutions, including a 10...
LONDON: An Iraqi Kurdish crude oil tanker has reappeared off the coast of Israel having offloaded its cargo, ship tracking data on Reuters...
