LONDON: Bank of England governor Mark Carney has backed a plan by Britain’s biggest banks to set up a new body to improve...
LONDON: Bank of England governor Mark Carney has backed a plan by Britain’s biggest banks to set up a new body to improve...
ECB fuels speculation of imminent rate cut FRANKFURT: The European Central Bank issued another signal yesterday that it is preparing further moves to...
Doha: Etisalat Group scooped two awards at the prestigious TMT Finance Mena Awards 2014 in Dubai. Etisalat’s recent acquisition of Maroc Telecom won...
DUBLIN: European low-cost airline Ryanair reported its first fall in profits in five years yesterday, blaming tougher competition, but said prospects of strong...
Doha: The Qatar Exchange ended in the red area when trading closed yesterday at 12,788.23 points down 232.49 points, or 1.79 percent, from...
DUBAI: Bahrain-based Al Baraka Banking Group said it is considering issuing subordinated Islamic bonds through its South African and Pakistani units to boost...
CAIRO: Egypt plans to increase its production of natural gas by 400-500 million cubic feet per day by the end of the year,...
MONTREAL: The World Anti-Doping Agency banned the inhalation of xenon and argon gas yesterday, saying it could illegally enhance the performance of athletes....
KUWAIT: Kuwait has eased capital rules for joint-stock companies to list on the stock exchange to encourage firms to raise funds and broaden...
FRANKFURT/BERLIN/PARIS: Germany’s Siemens is working on a formal asset-swap offer for Alstom’s power business that could come as early as this week and...
DOHA: A significant rise in the prices of plots of land over the last several years has pushed potential investors in the hospitality...
LONDON: Britain’s 1,000 richest people have enjoyed a “phenomenal” increase of 15 percent in their wealth in the past year, according to The...
Doha: Qatar Exchange ended in the red when trading closed yesterday at 13,020.72 points, down 84.03 points, or 0.64 percent, from the previous...
LONDON: US drugmaker Pfizer Inc is planning to raise its offer for AstraZeneca Plc as it works with its advisers against the clock...
NEW YORK: Facebook Inc is developing its own video-chat app, known internally as Slingshot, after its failed attempt to acquire mobile messaging startup...
LONDON: Government bond yields have tumbled on the basis that the world’s major central banks will continue to keep monetary policy easy and...
WASHINGTON: The regulator of government-controlled mortgage finance firms Fannie Mae and Freddie Mac said yesterday he would not oppose them having a smaller...
Beijing: China has proposed to accelerate the establishment of the Free Trade Area of Asia-Pacific at a meeting of economic officials from the...
