MADRID: Shares in bailed-out Spanish finance group Bankia plunged yesterday, angering small stakeholders who said they were losing out after being cheated into...
MADRID: Shares in bailed-out Spanish finance group Bankia plunged yesterday, angering small stakeholders who said they were losing out after being cheated into...
Volkswagen employees working on a VW Passat at the construction line of Volkswagen plant in Emden. HANOVER, Germany: Volkswagen granted its German factory...
LONDON: Egypt will cut exports of natural gas and tell major industries to slow output this summer to avoid an energy crisis and...
BEIJING: The government of the southwestern Chinese city of Kunming yesterday banned residents from protesting next week against planned chemical production at a...
NEW YORK: Moody’s yesterday upgraded its outlook of the US banking system for the first time since 2008, citing improving US economic conditions...
SOFIA: Brussels recommended yesterday far-reaching reforms to Bulgaria’s troubled energy sector as well as measures like better insulation, as a solution to high...
A general view of the dam of the Sayano-Shushenskaya hydroelectric power station on the Yenisei River some 520km to the south of Siberian...
A worker monitors ice cream production at Vadilal Industries Ltd at Pundhara village, around 60km from Ahmedabad yesterday. India’s industrial output accelerated by...
ISLAMABAD: Pakistan’s new government plans to sell $5bn in treasury bills to pay off a chain of debt choking the country’s power sector...
PARIS: Electronics retailer Darty plans to cut costs in its core French market to cope with the weaker economy, which could entail job...
DUBAI: Royal Bank of Scotland’s former chief executive of its Middle East and Africa business is joining Abu Dhabi-based First Gulf Bank (FGB),...
VIENNA: France’s GDF Suez said yesterday that it agreed to buy from Austria’s OMV a nine-percent stake in the planned Nabucco West gas...
Demonstrators from the Berri-Otxoak social rights pressure group, dressed as prisoners, cross a road near the Guggenheim Museum during a march against unemployment,...
LONDON: Oil traders should not lose too much sleep worrying about what Opec, often unpredictable and quarrelsome in the past, will do when...
Doha: Barwa Bank has acted as joint lead manager on Albaraka Turk Participation Bank’s (ABT) $200m Tier 2 sukuk. This transaction represents the...
The logo of Bank of Moscow is seen on bicycles for rent in central Moscow yesterday. The city authorities in association with the...
Cairo: Russia’s Altimo failed to secure a majority stake in Egypt-based Orascom Telecom by a Monday deadline and said it was ready to...
BRUSSELS: A majority of EU governments oppose a plan to impose hefty duties on solar panel imports from China, a survey of member...
