Stockholm: Economic inequality has grown faster in Sweden than any other developed country in recent decades as top earners have cashed in on...
Stockholm: Economic inequality has grown faster in Sweden than any other developed country in recent decades as top earners have cashed in on...
Geneva: Vitol Group, the world’s biggest independent oil trader, paid its top executives and staff a special dividend of $820m in 2015, regulatory...
New York: Gold hit a three month peak yesterday as the political risk of European elections and worries over US President Donald Trump’s...
GCC sovereigns financing will need an estimated $275bn over the next three years. These countries will predominantly use debt financing, according to S&P...
LONDON: Wal-Mart is throwing its weight as the world’s largest retailer behind its struggling British arm Asda after admitting it was too slow...
SINGAPORE: Saudi Aramco will supply full contract volumes of crude oil to two Asian buyers in March, two industry sources with knowledge of...
Paris: Renault-Nissan said Wednesday it sold nearly 10 million vehicles worldwide as the group faces up to accusations that Renault participated in an...
DOHA: Higher oil prices may boost shale oil production but the global oil market can accommodate this as demand remains healthy, Qatar's energy...
Qatar's leading developer United Development Company (UDC) posted a net profit of QR681m for the year ended December 2016. The profit attributable to...
St Moritz, Switzerland: With the Winter Olympics just a year away, Europe's broadcast rights holder is dangling a host of technological breakthroughs -...
QNB, the largest financial institution in the Middle East and Africa, has won the ‘Most Innovative Bancassurance Product Qatar 2016’ award, which was...
Ooredoo, QNB, Commercial Bank of Qatar, Salam International and Al Khaliji Bank were announced winners of the 2nd Annual IR (Investor Relations) Excellence...
Manama: Gulf Air, the national carrier of the Kingdom of Bahrain, has launched an ‘Early Bird’ promotion offering 25% off on Economy and...
Barwa Real Estate Group yesterday announced a net profit attributable to the equity holders of the parent company at QR1.6bn for the year...
Frankfurt: German car giant Volkswagen (VW) is considering a cap on executive pay and bonuses in the wake of its "dieselgate" scandal, AFP...
China's foreign exchange reserves unexpectedly fell below the closely watched $3 trillion level in January for the first time in nearly six years,...
London: Oil prices steadied yesterday as lower production by Opec and other exporters balanced growing evidence of a revival in US shale production...
BP Plc is falling behind competitors in one crucial measure of its resilience to oil’s slump. The UK company now needs benchmark Brent...