A sign displaying currency rates in Simferopol, Crimea, yesterday. Crimea is adopting the Russian rouble as its official currency and will drop the...
A sign displaying currency rates in Simferopol, Crimea, yesterday. Crimea is adopting the Russian rouble as its official currency and will drop the...
US Federal Reserve Chair Janet Yellen. WASHINGTON: Two top Federal Reserve policymakers staked out diametrically opposite views about whether the US central bank...
The ABN Amro logo outside its office in London and the logo of ING bank at the group’s main office in Brussels. AMSTERDAM:...
BY SACHIN KUMAR Doha: Qatar’s economy is rapidly moving towards cash less as more payments are being done through cheques. The daily average...
Doha: US Federal Reserve’s (Fed) recent decision to reduce its asset-purchasing plan (Quantitative Easing) has affected emerging markets (EMs), according to a QNB...
The Blackberry campus in Waterloo. Washington: US President Barack Obama is considering ditching his BlackBerry for a rival mobile phone brand, in what...
Detroit: German luxury carmaker BMW will soon announce plans to build its X7, a large crossover vehicle with three rows of seats, in...
NEW YORK: The “Every Day Low Price” king is trying to shake up the world of pricing once again. Wal-Mart said that it...
OTTAWA: Canadian aircraft manufacturer Bombardier faces $3.4bn in lost potential sales to Russia as Canada and its allies impose sanctions over the former...
NEW YORK: The prevailing trend in US stocks could be higher this week if investor anxiety eases over the crisis in Ukraine and...
HELSINKI: The Ukraine crisis has not had much impact on international financial markets so far, although it has hit Ukraine and Russia, European...
WASHINGTON: Swiss bank Credit Suisse agreed to pay $885m to settle US charges it sold shoddy mortgage bonds to Fannie Mae and Freddie...
BEIJING: China’s central bank will focus on liberalising bank deposit rates over the next two years, while loosening its grip on the yuan...
WASHINGTON: The United States said it was planning to begin negotiations with other leading trading countries for a deal to cut tariffs for...
Detroit: General Motors Co and its Chief Executive Mary Barra are being sued by an investor for failing to adequately address known defects...
FRANKFURT/MILAN: Fiat Chrysler Automobiles (FCA) will unveil seven new Alfa Romeo models and push to increase sales of the sports car brand fivefold,...
HARARE: The African Export-Import Bank (Afrexim) yesterday gave Zimbabwe a $100m loan to allow its central bank to set up an inter-bank market...
The QIB team with the award. DOHA: Qatar Islamic Bank (QIB) has once again been named the ‘Best Islamic Bank in Qatar’ by...