DUBAI: Qatari Diar has transferred its shares in Al Khaliji Commercial Bank to Qatar Investment Authority (QIA), the property arm of Qatar’s sovereign...
DUBAI: Qatari Diar has transferred its shares in Al Khaliji Commercial Bank to Qatar Investment Authority (QIA), the property arm of Qatar’s sovereign...
British car sales to level off after hitting 10-year high LONDON: Britons bought nearly 2.5 million new cars last year, the most in...
BRUSSELS: Eurozone inflation turned negative in December for the first time since 2009, with cheap oil driving a bigger than expected decline that...
LONDON: The euro’s slide is not yet over because diverging monetary policies at the European Central Bank and the United States Federal Reserve...
Lonon: Two British energy companies with operations in Ukraine said their sales and investments in the country would be hurt by the beleaguered...
DUBLIN/LONDON: Ireland began selling a 7-year bond via syndication yesterday, setting it on course to cover as much as a third of its...
LONDON: Gold eased yesterday after a three-day winning streak as the dollar and equities strengthened, but prices held above $1,200 an ounce and...
TOKYO: Japan is asking Britain to buy its P-1 submarine-hunting jet in a deal that could top $1bn, a major step in Prime...
MUSCAT: Oman has no specific plans to reduce state spending this year, its minister for financial affairs said yesterday, despite the plunge in...
London: Royal Dutch Shell is to pay more than $80m to a Nigerian fishing community “devastated” by two serious oil spills in 2008,...
Frankfurt: The German labour market continued to shine in December, shrugging off current economic weakness, with unemployment now at its lowest level since...
BERLIN: Germany is not planning for a Greek exit from the eurozone and has not changed its policy towards Athens, Chancellor Angela Merkel’s...
DUBAI: Dubai Islamic Bank will reopen the Gulf bond market next week with a capital-boosting sukuk, the region’s first debt offering in two...
DUBAI: Abu Dhabi plastics manufacturer Borouge expects steady demand to help stabilise product prices in 2015 after oil’s plunge pushed plastic prices down...
SAO PAULO: Workers at a Mercedes Benz truck factory outside of Sao Paulo voted yesterday to stop work for 24 hours in a...
Ottawa: Canada posted a C$644m ($544m) trade deficit in November, as exports to the United States and Britain fell dramatically, the government statistical...
PARIS - French rail company SNCF plans to cut more than 1,000 jobs according to its 2015 budget, union representatives said Wednesday, despite...
Trouble in the eurozone: The eurozone economy is officially in the grip of deflation Brussels - The eurozone slipped into deflationary territory for...