NEW YORK: General Electric yesterday reported higher second-quarter earnings following gains in most industrial segments as it targets late July for a stock...
NEW YORK: General Electric yesterday reported higher second-quarter earnings following gains in most industrial segments as it targets late July for a stock...
STOCKHOLM: Swedish heavy truck and construction equipment maker Volvo Trucks reported strongly growing profits in the second quarter as the company continued to...
SYDNEY: Business leaders in Australia yesterday called on G20 leading economies to implement recommendations on structural reforms and free trade that could boost...
LONDON: Shire Pharmaceuticals has accepted a £32bn ($54bn, ¤40bn) takeover bid from AbbVie, the two companies announced yesterday, in a deal aimed at...
NICOSIA: The Cyprus Central Bank said yesterday it had taken control of the local operation of FBME bank after Washington accused it of...
LONDON: New US sanctions imposed on Russia for its actions in Ukraine will make it more difficult for Russian companies to refinance existing...
ZAGREB: Croatia yesterdaylaunched an international tender for oil and gas exploration in the east of the country that would hopefully bring investments to...
New Delhi: Unions representing workers at Coal India Ltd, the world’s largest coal miner, will oppose any move to sell a stake in...
NEW YORK: The publisher of the US business magazine Forbes said yesterday a controlling stake in the group had been sold to a...
A Nokia mobile phone lies on a tablet computer showing logos of Microsoft. SEATTLE: Microsoft Corp will slash up to 18,000 jobs, or...
Passengers talk to a Wizz Air desk clerk at Budapest Airport. Wizz Air’s maiden flight to London took off from Katowice in May...
Doha: Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) QJ.S.C. signed a two-year contract with Qatar Navigation Q.S.C. (Milaha) for the time...
NEW YORK: Bank of America (BoA) put $13bn on the table in negotiations with US authorities over a mortgage-linked securities settlement, although negotiations...
TOKYO: Nissan Motor Co Chief Executive Carlos Ghosn raised doubts over Japanese Prime Minister Shinzo Abe’s call to appoint women to 30 percent...
BERLIN/MILAN: Fiat Chrysler has denied a magazine report saying it’s in merger talks with Volkswagen, while the German carmaker said it had no...
DUBAI/ABU DHABI: United Arab Emirates-based private equity firms Ithmar Capital and Gulf Capital are looking to sell shares to the public as they...
DUBAI: The United Arab Emirates’ Ministry of Economy has published new rules allowing firms in the Gulf Arab state to use existing shares...
DOHA: Qatar Exchange continued its good run yesterday lifting the index by 0.84 percent to close at 13,284.65 points. The trading value reached...
