TOKYO: Japanese drinks giant Suntory said yesterday that a sale of shares in its food-and-beverage unit raised a less-than-expected $3.94bn, but the IPO...
TOKYO: Japanese drinks giant Suntory said yesterday that a sale of shares in its food-and-beverage unit raised a less-than-expected $3.94bn, but the IPO...
TEL AVIV: US-based Access Industries has offered to acquire the remaining 50.1 percent of Israeli investment company Clal Industries that it does not...
LONDON: Tesco, the world’s third-biggest retailer, could face a revolt over executive pay at its annual shareholders’ meeting on Friday after an advisory...
PARIS: French investigators yesterday placed tycoon Bernard Tapie in custody and interrogated him in a corruption probe over a huge state payout to...
NAIROBI: The International Monetary Fund will offer Somalia technical support and advice, a first step in efforts to secure debt relief for the...
MOSCOW: Russian President Vladimir Putin reshuffled his top economic aides yesterday in a move analysts said was aimed at giving the Kremlin more...
NEW YORK: Apple shares fell below $400 yesterday after comments from market analysts suggesting the iconic gadget maker is losing momentum. At midday,...
SEOUL: South Korea has pledged to the United States that it will cut imports of Iranian crude by 15 percent in the next...
Molten copper being poured at the KGHM Copper and Precious Metals smelter and processing plant in Glogow, Poland. Copper fell to its lowest...
Doha: Qatar Exchange lost 53.58 points or 0.58 percent to reach 9,177.98 points from the previous closing of 9,231.56 points. The volume of...
Rabat: Morocco has won backing from the Saudi-based Islamic Development Bank for its first sukuk as the cash-strapped North African country looks to...
From left: The Chairman of Qatar Chamber, Sheikh Khalifa bin Jassem Al Thani, the Prime Minister and Foreign Minister H E Sheikh Hamad...
A general view of residential and commercial buildings in Hong Kong. Hong Kong’s economy posted 2.8 percent year-on-year growth in the first quarter,...
LONDON: Markets dismayed by the Federal Reserve’s stimulus withdrawal timetable might be in no mood for good news, but evidence is mounting that...
ABU DHABI: Investment firm Dubai Group has sold its credit card business to Abu Dhabi lender First Gulf Bank (FGB) for $164m, the...
LONDON: Finance minister George Osborne yesterday said the British economy was “out of intensive care” but that government would stick to a path...
DUBAI: Dubai Holding, the conglomerate owned by the ruler of Dubai, has hired Citigroup to advise on a potential sale of its remaining...
BATAVIA, New York: PepsiCo Inc best known for Pepsi-Cola and Frito-Lay chips — is taking its Muller yogurt brand nationwide expanding its portfolio...
