LONDON: British oil and gas engineering firm Amec has agreed to buy Swiss-based rival Foster Wheeler for £1.9bn ($3.13bn), the first sizeable acquisition...
LONDON: British oil and gas engineering firm Amec has agreed to buy Swiss-based rival Foster Wheeler for £1.9bn ($3.13bn), the first sizeable acquisition...
ARBIL: Iraqi Kurdistan is confident it can soon find a compromise with Baghdad in a row over oil exports from the autonomous region...
DETROIT: General Motors Co yesterday swept the coveted awards handed out each year at the start of the North American International Auto Show...
DETROIT: Carmakers are upbeat about global auto sales this year despite fears of a slowdown in the United States, which generates big profits...
LONDON: US oil firm Chevron Corp will go ahead with the development of the Alder gas field off the coast of Britain, helping...
DOHA: Qatar’s rallying stocks pushed the bourse’s main index beyond the psychological barrier of 11,000 points to 11,019.86 yesterday. The buoyancy in witness...
Stockpiles of nickel ore await shipment at a port in a nickel-mining area in Indonesia’s central Sulawesi. JAKARTA: Indonesia, one of the world’s...
Indian staff work at a call centre for The Emergency Management and Research Institute (EMRI) in Hyderabad. Low business confidence and high interest...
New Natuzzi’s easy chairs named Revive in a store in downtown Milan yesterday. SANTERAMO IN COLLE, Italy: From this hilltop town on the...
LONDON: British luxury car manufacturer Jaguar Land Rover sold a record volume of vehicles last year, when rising demand in markets such as...
A trader sits on a pile of sugarcane as he waits for customers at a wholesale market in the southern Indian city of...
Workers of Madrid’s regional-run television channel Telemadrid take part in a protest marking the first anniversary of the labour force adjustment plan in...
DOHA: Al Asmakh Real Estate Development Company (AREDC) yesterday announced that it has become the first real estate firm in Qatar with the...
BAGHDAD: Iraq Prime Minister Nouri Al Maliki threatened yesterday to cut Kurdistan’s share of the federal budget if the autonomous region exports oil...
STOCKHOLM: Sweden scores high in international rankings of mining nations, but concern is growing that the Scandinavian country is selling its vast underground...
WASHINGTON: The International Finance Corp, the World Bank’s private finance arm, said yesterday it was taking action to remedy problems in a Honduras...
ISTANBUL: Turkish automotive production rose five percent in 2013 to 1.13 million units, but is expected to decline this year as domestic demand...
FRANKFURT: Three years after taking the helm at ThyssenKrupp, Heinrich Hiesinger is running out of time to implement his ambitious plan to retool...
