PALO ALTO: A trio of US Federal Reserve officials who disagree deeply with one another over the appropriate stance of monetary policy expressed...
PALO ALTO: A trio of US Federal Reserve officials who disagree deeply with one another over the appropriate stance of monetary policy expressed...
PALO ALTO: The Federal Reserve should provide more information on the likely future path of interest rates and explain its policy decisions in...
Washington: Chinese e-commerce giant Alibaba Group Holding Ltd is one of several companies that are in talks to invest for a stake in...
DOHA: Air New Zealand is close to placing an order for around a dozen A320-family aircraft worth well over $1bn at list prices...
SAN FRANCISCO/NEW YORK: Erik Huggers is leaving Verizon Communications Inc just five months after joining the company via the acquisition of the Intel...
New York: Shares of Infoblox Inc slumped 41 percent to their life low on Friday, a day after the network equipment maker warned...
NICOSIA: Bank of Cyprus, the island’s largest lender, announced Friday it had made a €31m net profit in the first quarter after seven...
The logo of BNP Paribas is seen on the bank’s building in Paris yesterday. PARIS/LONDON: Fears that a looming US fine on BNP...
SINGAPORE: Asian spot liquefied natural gas (LNG) prices continued to slide this week with buyers in no rush to chase cargoes ahead of...
LONDON: Opec’s oil output has risen to a three-month high in May, a Reuters survey found yesterday, as increased supplies from Angola and...
A farmer sits on a trolley loaded with melons as he waits for customers at a fruit and vegetable market in the northern...
Turkey’s Energy Minister Taner Yildiz (left) exchanging documents with his Azeri counterpart Natik Aliyev during a signing ceremony in Istanbul yesterday. ISTANBUL: Turkey’s...
SARAJEVO: The International Monetary Fund is ready to double funding for Bosnia under its standby loan deal to help it cope with the...
LONDON: When Carolyn McCall took the top job at Britain’s easyJet, the abrasive boss of rival low-cost airline Ryanair attempted to write her...
TOKYO: The dollar fell further in Asia yesterday with investors discouraged by low yields on US bonds and caution ahead of market-moving events...
MUNICH: The chief executive of German conglomerate Siemens said up to 11,600 jobs could be at risk in a restructuring plan he unveiled...
Doha: Qatari stock market ended the month on a positive note as Qatar Exchange index gained 1,016.60 points, or 8.02 percent, in May...
A pedestrian walks past currency exchange shop and street stalls in Cairo yesterday. CAIRO: Egypt has approved the introduction of a 10 percent...
