WASHINGTON: US media giant Gannett announced plans to split into two separate firms, one for broadcast and digital, and the other for newspapers...
WASHINGTON: US media giant Gannett announced plans to split into two separate firms, one for broadcast and digital, and the other for newspapers...
A woman walks past a store in Sydney’s central business district yesterday as Australia’s central bank held interest rates at a record low...
Former US president Bill Clinton (left) with Shanduka Group CEO Phuthi Mahanyele at the US-Africa Business Forum, yesterday, in Washington, DC. WASHINGTON: US...
MUMBAI: India’s central bank left interest rates unchanged yesterday, keeping a watchful eye on inflation as it waits to assess the impact of...
DUBAI: Egyptian stocks rose in heavy trade yesterday , buoyed by news of a $4bn plan to build a new Suez Canal alongside...
CAIRO: Egypt plans to build a new Suez Canal alongside the existing 145-year-old historic waterway in a multi-billion dollar project aimed at expanding...
TUNIS/DUBAI: Weakness of Tunisia’s dinar is undermining the purchasing power of its citizens and evoking memories of the country’s economic crisis after its...
A pedestrian using her smartphone walks past a Rakuten Cafe in Tokyo yesterday. Japan’s largest e-commerce company Rakuten Inc posted a 9.9 percent...
LONDON: Europe’s largest bank HSBC warned that regulators’ zeal to punish wrongdoing was putting its staff off taking reasonable business risks, as it...
SINGAPORE: Australia is urging the Group of 20 advanced and emerging countries to put more emphasis on boosting global trade in their proposals...
Beijing: China’s government procurement agency has removed Symantec and Kaspersky from its list of security software suppliers, ensuring that the state can only...
DUBAI: Dubai’s largest developer Emaar Properties reported a 28.6 percent rise in second-quarter net profit yesterday, marginally beating forecasts, but revenue from property...
BUCHAREST: Romania’s central bank cut its benchmark interest rate to a record low of 3.25 percent yesterday and hinted it could cut further...
Bank of Portugal Governor Carlos Costa in Lisbon. LISBON: Portugal will spend €4.9bn ($6.58bn) to rescue its largest listed bank, testing the eurozone’s...
SOFIA: Bulgaria’s outgoing parliament refused yesterday to authorise the interim government to raise new debt and increase public spending, restricting its ability to...
WASHINGTON: Ghana has requested aid from the International Monetary Fund to stem a plunge in its currency and close a large fiscal deficit,...
DOHA: Snapping its four-day losing streak, Qatar stocks yesterday surged to break the 13,000 barrier in intraday trading, before settling to 12,991 gaining...
Bank of Japan (BOJ) Governor Haruhiko Kuroda lifts a bunch of papers, which share the size of a 100m-yen note, together with a...