COPENHAGEN: Danish shipping and oil conglomerate AP Moeller Maersk raised its full-year profit guidance yesterday after quarterly results were boosted by a strong...
COPENHAGEN: Danish shipping and oil conglomerate AP Moeller Maersk raised its full-year profit guidance yesterday after quarterly results were boosted by a strong...
GENEVA: Swiss banking giant Credit Suisse yesterday confirmed that it had created investment vehicles for scandal-mired Banco Espirito Santo before it was bailed...
LONDON: Cairn Energy reduced group losses in the first half on lower costs, the British oil and gas explorer revealed yesterday as it...
Labourers work at an assembly line of Singlun Star garment factory outside Hanoi yesterday. Vietnam wants to boost the average economic growth to...
Egypt’s Prime Minister Ibrahim Mahlab (left) and Head of the Suez Canal Authority Mohab Memish at a news conference in Ismailia, north west...
TOKYO: Skymark Airlines shares soared yesterday after a report said Malaysia’s AirAsia was eyeing the struggling Japanese carrier, but both firms dismissed the...
TOKYO: A solar cell that resembles a flower is offering a new take on green energy in Japan, where one scientist is searching...
LONDON: Emerging market investors were in a buoyant mood yesterday, brushing off reports of more violence in Ukraine to buoy equities in Russia...
ABU DHABI: NMC Health, the United Arab Emirates healthcare provider, boosted first-half profit by nearly 27 percent, aided by higher occupancy across its...
LONDON: British construction firm Carillion yesterday raised for the third time its merger proposal for engineering company Balfour Beatty, with new terms that...
DOHA: Despite Qatar bourse’s Sunday announcement showed the listed companies collectively delivered a lack-lustre net profit for the first half, Qatar stocks made...
Rasheeda docked at Hainan LNG terminal in China. DOHA: Qatargas delivered the first cargo of Liquefied Natural Gas (LNG) to China National Oil...
Volvo cars are displayed in a car dealership showroom in Riga, Latvia, yesterday. GOTHENBURG, Sweden: With headlights shaped like Thor’s hammer and space...
PetroChina’s logo at its gas station in Beijing. BEIJING: China’s biggest energy firm PetroChina is reviewing its multi-billion-dollar push to produce liquefied natural...
NEW YORK: Brent crude oil shed more than $2 a barrel to reach its lowest price in over a year yesterday as investor...
KUALA LUMPUR: The Malaysia-based International Islamic Liquidity Management Corp (IILM) will lengthen maturities in its Islamic bond programme when it auctions $790m of...
MOSCOW: Russian state oil giant Rosneft, despite tightening Western sanctions, said yesterday it had started exploring for oil in a joint project with...
KUWAIT/BEIJING: Kuwait has concluded a new 10-year deal with a China’s Sinopec Corp to nearly double its supplies by offering to ship the...