A man walks past a Lufkin oil drilling pump in McKenzie County outside Williston, North Dakota. General Electric Co said it will buy...
A man walks past a Lufkin oil drilling pump in McKenzie County outside Williston, North Dakota. General Electric Co said it will buy...
LONDON: British prompt gas prices retreated yesterday as surging supplies and warming weather alleviated concerns that abnormally high demand would empty the last...
DUBAI: The UAE’s top telecom operator Etisalat has stopped blocking the website of Skype, the world’s No.1 Internet-based phone call provider, although the...
DOha/DUBAI: Saudi Arabia’s banks helped lift the bourse yesterday after two lenders posted estimate-beating earnings, while other regional markets also gained as bargain-hunters...
SHANGHAI: China and Australia will begin direct conversion of their currencies in a sign of growing business links, Australian Prime Minister Julia Gillard...
DOHA: Ezdan Mall at Gharafa, the first mall to be launched by Ezdan Holding Group, is all set to open its doors for...
Egyptian President Mohammed Mursi (centre) meeting with EU foreign policy chief Catherine Ashton in Cairo, yesterday. CAIRO: The European Union’s foreign policy chief...
Only when you think you have seen it all, the market pushes you back into humility. Indeed, the meeting of the Bank of...
NEW DELHI: India’s government is appealing to corporate leaders to “keep the faith” as it struggles to revive a staggering economy, but the...
Australian Prime Minister Julia Gillard (second left) speaks with Chinese President Xi Jinping (second right) in Boao, Hainan province, yesterday. State and government...
TOKYO: The Bank of Japan’s (BoJ) huge new easing measures mark its boldest bid yet to vanquish growth-sapping deflation, but observers warn there...
BERLIN: Luxembourg is prepared to ease its banking secrecy rules and work more closely with foreign tax authorities, Finance Minister Luc Frieden (pictured)...
PARIS: French Finance Minister Pierre Moscovici yesterday said that France’s economy was expected to grow just 0.1 percent this year, revising downward an...
ABU DHABI: Etihad Airways said passenger revenues rose 19 percent in the first quarter as Abu Dhabi’s flagship carrier expanded globally through partnership...
DUBAI: Morgan Stanley named veteran banker Sammy Kayello as the chief executive and chairman of its business in the Middle East and North...
RIYADH: Saudi Arabia’s Riyad Bank posted a 5.5 percent rise in its first-quarter profits yesterday, beating analysts’ forecasts. The kingdom’s third-largest listed bank...
KUWAIT: Kuwait’s No.1 telecom operator Zain yesterday said its Iraqi unit would complete an initial public offering by the end of 2013, signally...
DUBAI: Shuaa Capital has named Kamel Almunajjed as chairman of its Saudi Arabia subsidiary, the Dubai-based investment bank’s latest senior appointment as it...
