LONDON/BANGALORE: Global mining company Rio Tinto and Russian fertiliser producer Acron OAO are moving ahead with the development of the Albany potash prospect...
LONDON/BANGALORE: Global mining company Rio Tinto and Russian fertiliser producer Acron OAO are moving ahead with the development of the Albany potash prospect...
LONDON: Shareholders at Tesco’s annual meeting berated the British retailer’s board yesterday for the low share price, poor results and questioned whether the...
LISBON: Portugal, which has just emerged from a bailout programme, nearly halved its budget deficit in the first quarter of the year relative...
By Satish Kanady DOHA: Qatar stocks closed sharply lower yesterday as the main index fell 2.35 percent, edging down the psychological 12,000 mark...
FROM LEFT: Bank of England officials Spencer Dale, Governor Mark Carney, Jon Cunliffe and Andrew Bailey arrive to deliver the Bank of England...
Hyundai Motor’s Santa Fe vehicles in Incheon, west of Seoul. South Korea’s transport ministry yesterday said it plans to fine Hyundai Motor an...
An employee in IKEA’s first city centre store in German port city of Hamburg yesterday. Sweden’s IKEA, the world’s biggest furniture chain known...
GoPro Inc Founder and CEO Nick Woodman celebrates the company’s IPO as he rings the opening bell at the Nasdaq Market Site in...
DETROIT: General Motors Co told its North American dealers not to sell an inventory of about 33,000 new and used Chevrolet Cruze sedans...
DOHA: With limited volumes of traditional investment options such as fixed-income bonds and sukuk, insurers in the GCC economies, including Qatar, continue to...
DOHA: Qatar’s office rentals witnessed higher rates across locations during the first quarter of 2014. Within the residential market, the rental rates increased...
DUBAI: French drugmaker Sanofi is leading an investor group buying a 66 percent stake in the Globalpharma unit of Dubai Investments, the Gulf-based...
ABU DHABI/VIENNA: Russia’s Gazprom is in talks to buy Abu Dhabi’s 24.9 percent stake in Austrian oil and gas firm OMV, a source...
London: Airbus Group and the Jeddah-based Islamic Development Bank (IDB) are seeding a Shariah-compliant aircraft leasing fund to cater to growing demand for...
SHANGHAI: Already Asia’s biggest aircraft buyer, China is developing its own passenger planes and building scores of airports but its aviation expansion faces...
WASHINGTON: US consumer spending rose less than expected in May, likely held back by weak healthcare spending, which could prompt economists to temper...
STOCKHOLM: Swedish defence and aeronautics group Saab said yesterday it was heading towards the acquisition of a submarine shipyard in Sweden owned by...
LONDON: London Stock Exchange (LSE) Group has agreed to buy US asset manager Russell for $2.7bn in order to diversify and grow its...