Detroit: General Motors said yesterday that it expects improved earnings and margins in 2015 after paying out nearly $2bn for recalls and victims...
Detroit: General Motors said yesterday that it expects improved earnings and margins in 2015 after paying out nearly $2bn for recalls and victims...
KUWAIT city: The depth of the oil price drop was unexpected, Kuwait’s oil minister said yesterday, repeating too that Opec had made the...
Washington: Microsoft yesterday unveiled two new low-cost smartphones aimed at pushing its Windows Phone operating system to users in Europe, Asia, the Middle...
DOHA: Qatar’s month-on-month inflation (CPI) for December, 2014 has declined by 0.3 percent compared to the CPI of November, 2014, data released by...
NEW YORK: Citigroup Inc yesterday lost an appeal aiming to block Abu Dhabi Investment Authority (ADIA) from pursuing a second arbitration over the...
London: British supermarket group Sainsbury’s is to axe 500 jobs as part of a plan to cut costs by 500 million pounds ($760m,...
MOSCOW: Venezuela’s President Nicolas Maduro will meet Russian leader Vladimir Putin today as he ends his tour aimed at trying to persuade big...
Moscow: Russia’s gas giant Gazprom said yesterday that there was still a risk that Europe could see a drop in supplies of Russian...
NEW YORK/dubai: US stocks fell yesterday, on track for a fourth day of losses, as a World Bank forecast sparked concerns about weak...
Seoul: Samsung Group, South Korea’s top family-run conglomerate, is expected to spend 50 trillion won ($46.3bn) for facility and R and D investment...
London: Britain’s Tesco suffered a fresh blow yesterday as Standard & Poor’s became the second ratings agency after Moody’s to slash the troubled...
Traders work on the floor of the New York Stock Exchange (NYSE) at the end of the trading day in New York, New...
Paris - Europe's main stock markets tumbled on Wednesday, with London's benchmark FTSE 100 index closing down 2.35 percent at 6.388,46 points. Frankfurt's...
One of Shell's existing giant gas plants in Qatar Doha - Qatar Petroleum and Royal Dutch Shell have scrapped plans for a petrochemicals...
New York - JPMorgan Chase Wednesday reported a dip in fourth-quarter earnings as hefty legal expenses once again weighed on results. Quarterly earnings...
Developing offshore wind in the Atlantic could lead to 91,000 more jobs in the next two decades than offshore drilling, an environmental group...
LONDON--Europe's leading stock markets fell sharply on Wednesday as deflation worries swept across the region, while tumbling commodity prices sent mining and oil...
MOSCOW--Russia's gas giant Gazprom said Wednesday that there was still a risk that Europe could have supplies of Russian gas piped via Ukraine...