SHANGHAI: The virtual currency Bitcoin crashed in China yesterday, falling nearly 50 percent after the country’s biggest trading platform BTC China banned deposits...
SHANGHAI: The virtual currency Bitcoin crashed in China yesterday, falling nearly 50 percent after the country’s biggest trading platform BTC China banned deposits...
DOHA: QInvest has advised on sukuk transactions in 2013 totalling $3.5bn, and expects another busy year in 2014, with increased activity from within...
SEOUL: Business sentiment among Asia’s top companies dropped sharply in the fourth quarter, extending last quarter’s declines, with global economic uncertainty and rising...
MOSCOW: Gazprom will sell gas to Ukraine at a big discount under a deal agreed by President Vladimir Putin but the state gas...
NICOSIA: Bank of Cyprus (BoC) announced yesterday a nine-month net loss of ¤1.94bn ($2.66bn), mostly on the back of provisions for winding up...
Al KHOBAR: Saudi Electricity Co (SEC) has signed a $366m loan agreement with the Japan Bank for International Cooperation (JBIC) and two Japanese...
GENEVA: Disasters caused global economic losses of about $130bn (¤94.5bn) this year, Swiss Re said yesterday, but there was little insurance coverage for...
NEW YORK: Ford Motor shares tumbled more than six percent yesterday after the company forecast disappointing 2014 profit and said its mid-decade profit...
OSLO: Budget airline Norwegian Air Shuttle said yesterday it had ordered two new Boeing 787-9 Dreamliners in a vote of confidence in the...
KUWAIT: Ibrahim Dabdoub, one of the longest-serving bank executives in the world, will retire from National Bank of Kuwait next year after leading...
NEW DELHI: India’s oil imports from Iran fell 34.8 percent in April-November from a year ago despite a jump last month, giving New...
ANKARA: Cold winter weather has forced Turkey to seek costly cargoes of liquefied natural gas (LNG) for December as power demand soars, traders...
ATHENS: In the crisis-hit, jungle-like Greek job market, not only has unemployment reached staggering heights, but salaries are paid with huge delays and...
DOHA: The burgeoning consumer demand, underpinned by a projected seven percent year-on-year population growth, Qatar’s headline inflation is expected to go up over...
Employees of the BLG Logistics Group working on a line of new Mercedes-Benz cars in Bremerhaven, Germany. New car sales in the European...
A bucket-wheel excavator extracting coal from the brown coal open cast mine Garzweiler in Immigrath, western Germany. The small town and surrounding towns...
Iraq’s Deputy Prime Minister for Energy Hussain Al Shahristani (left) with Japan’s Prime Minister Shinzo Abe (right) at Abe’s official residence in Tokyo...
PARIS: Strikes at Total’s La Mede, Gonfreville, Feyzin and Grandpuits refineries went into their fifth day yesterday as workers belonging to the hardline...
