DOHA: Arab investors are increasingly looking to the UK and continental Europe’s commercial real estate markets to pump their huge funds. Europe is...
DOHA: Arab investors are increasingly looking to the UK and continental Europe’s commercial real estate markets to pump their huge funds. Europe is...
New York: International Business Machines Corp said that US regulators had approved the $2.3bn sale of its low-end server business to Lenovo Group...
LONDON/MILAN: Canadian plane and train maker Bombardier and Japanese industrial giant Hitachi are the two frontrunners to buy Finmeccanica’s rail subsidiaries, several sources...
SINGAPORE: Singapore is to reform its mandatory retirement savings scheme and will provide greater support to low-income pensioners, the Prime Minister said yesterday,...
TOKYO: Japanese mobile carrier SoftBank’s failed bid for T-Mobile marked a rare defeat for its brash billionaire founder, but few expect it to...
ALBANY, New York: New York’s pension fund for state and local government workers reported reaching a record high of $180.7bn following a 3.6...
PARIS: Rating agency Fitch revised Ireland’s sovereign credit rating up a notch to ‘A-‘, citing an “employment-led recovery” with a healthier banking system....
FRANKFURT: German Internet service provider United Internet AG is investing ¤435m ($582m) for a 10.7 percent stake in venture capital group Rocket Internet,...
FRANKFURT: The European Central Bank is taking a hard line on the controversial issue of how shipping loans should be valued in a...
A man walks past a Banco Bradesco branch in downtown Rio de Janeiro. The bank said its third-quarter net income will be cut...
Workers manage machines at a factory of Sona Koyo Steering Systems in Dharuhera some 80km south of New Delhi. DHARUHERA: With steel machines...
LONDON: The Bank of England is hoping it can gently wean Britain’s economy off record-low borrowing costs, but its plan for “gradual and...
NEW YORK: The Sultan of Brunei has made a bid for New York’s Plaza Hotel, Dream Hotel and London’s Grosvenor House hotel, the...
Boston: Online home-furnishings retailer Wayfair Inc is seeking to raise $350m in an initial public offering of its Class A common stock, the...
DOHA: Qatar needs to judge the economic merits of hosting a major sport event like World Cup in a longer-term perspective. As a...
A GEBR IHLE microcar manufactured to look like a Mercedes-Benz is wrapped in plastic prior to The Quail, A Motorsports Gathering car show...
DOHA: Mesaieed Petrochemical Holding Company (“MPHC” or “the group”; QE: MPHC), a subsidiary of Qatar Petroleum, and one of the region’s premier diversified...
LONDON: US investors are withdrawing billions of dollars from European stocks as signs of a stalled economic recovery, compounded by the Ukraine crisis,...
