MADRID: An independent audit of Spanish banks confirmed a manageable ¤59.3bn in extra capital is needed for them to ride out a serious...
MADRID: An independent audit of Spanish banks confirmed a manageable ¤59.3bn in extra capital is needed for them to ride out a serious...
PARIS: The Paris Motor Show opens with the automobile sector in crisis mode amid deep gloom over the future of the European market,...
A file picture of Czech crown bank notes. The Czech central bank cut interest rates to a new low yesterday to encourage consumers...
Doha: Qatar Exchange’s main index lost 105.95 points (1.23 percent) last week when the bourse closed at 8,493.70 points yesterday. The trading value...
LONDON: Britain’s economy contracted less than thought during the second quarter, offering a higher base for an expected return to tepid growth and...
NEW YORK: Oil rose yesterday as tensions between Iran and the West stoked concerns about supplies, while refinery maintenance and low inventory levels...
WASHINGTON: The United States yesterday said that it has signed a framework agreement with Saudi Arabia and other members of the Gulf Cooperation...
DUBAI: An Abu Dhabi bank has filed a legal claim against Dubai’s Zabeel Investments, according to court papers seen by Reuters, the second...
LONDON: European stock markets rebounded slightly yesterday as dealers brushed aside downbeat US growth data and took stock of a fresh Spanish austerity...
DOHA: Guardian Wealth Management Qatar will host a seminar at Doha Golf Club on October 8, 2012, aimed at helping investors protect their...
By Daniel Altman The biggest problem facing the global economy is not climate change, trade imbalances, financial regulation or the eurozone. It is...
By Neil Irwin Just a few days ago, Europe’s long-simmering financial crisis seemed to have reached a resolution, following demonstrations of resolve by...
By Unni Krishnan and Andrew MacAskill Indian Prime Minister Manmohan Singh’s biggest opening to foreign companies since taking office in 2004 boosts odds...
H E Dr Mohammed bin Saleh Al Sada and Yoichi Mukae exchanging documents in Doha yesterday. Doha: Qatargas Operating Company Ltd (Qatargas) announced...
DUBAI: Qatar Holding, the investment arm of the Gulf state’s sovereign fund, denied yesterday that it was in talks to buy a minority...
LONDON: New York oil plunged under $89 per barrel yesterday, nearing a two-month low on demand concerns arising from the eurozone debt crisis...
DUBAI: Big US and European banks are cutting investment banking jobs in the Middle East as the promise of emerging markets is overshadowed...
SEOUL: Samsung launched yesterday the newest version of its oversized smartphone Galaxy Note, just a week after Apple’s iPhone 5 hit shelves, in...
