Shoppers on Oxford Street in London yesterday. UK retailers enjoyed rising sales in October. The Office for National Statistics said that the quantity...
Shoppers on Oxford Street in London yesterday. UK retailers enjoyed rising sales in October. The Office for National Statistics said that the quantity...
LONDON: Commodity markets mostly rallied this week as China cut interest rates for the first time in more than two years, boosting the...
SHANGHAI: China’s latest interest rate cut is set to dent the profitability of domestic lenders, especially mid-sized banks, which are already suffering from...
LONDON: Swiss-based petrochemical firm Ineos launched plans to become the biggest player in Britain’s fracking sector with a $1bn investment in the nation’s...
ATHENS: Greece’s government on Friday pushed ahead with plans for a near-balanced budget next year, ignoring objections from its international lenders who say...
MANAMA: The Bahrain-based Accou-nting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) will revise four of its standards in the first half of...
Traders at their desks in front of the German share price index DAX board at the Frankfurt stock exchange yesterday. LONDON: European shares...
People view a Toyota Future Mobility Concept car at the 2014 Los Angeles Auto Show in Los Angeles, California.
ISTANBUL: Turkey’s Bank Asya, which suffered a massive run on deposits earlier this year after becoming embroiled in a power struggle between Turkish...
Skymark Airlines aircraft at Haneda airport in Tokyo yesterday. Japan Airlines said yesterday that Skymark had sought talks to discuss a possible business...
NEW YORK: Oil jumped for a second straight day yesterday, with benchmark Brent crude returning above the $80 level after slipping below it...
Brent back above $80 after China rate cut NEW YORK: Oil jumped for a second straight day yesterday, with benchmark Brent crude returning...
LONDON: Competition in the global insurance market is driving commercial rates down by as much as 15 percent, senior industry participants said on...
MOSCOW: Russia may cut oil production to shore up flagging prices, but its ability to change output is limited and no decision has...
MARRAKESH: Morocco plans to boost state spending in support of industry and reform regulations as part of an effort to double foreign direct...
KUALA LUMPUR: Malaysia will abolish subsidies for petrol and diesel from December 1, the government said yesterday, taking a bold step that could...
The Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani delivering the opening speech during the 6th...
DOHA: The Qatar Investment Authority (QIA) has announced its plans to invest something between $15bn and $20bn in Asian markets. The size of ...