LONDON: Britain has blocked plans by state-controlled Royal Bank of Scotland to pay bonuses worth double an employee’s fixed salary, adding to the...
LONDON: Britain has blocked plans by state-controlled Royal Bank of Scotland to pay bonuses worth double an employee’s fixed salary, adding to the...
PARIS: US industrial products giant General Electric is in talks to buy the global power turbines division of struggling French engineering group Alstom,...
GENEVA: An Australian law forcing cigarette companies to sell their products in plain packets is about to be tested in court, diplomats at...
LONDON: Britain’s most ambitious smart grid project is being built on a housing estate in Leighton Buzzard, a rapidly growing commuter town north...
DUBAI: The first initial public offer of shares on Dubai’s main stock market for five years was 36 times subscribed, a sign of...
Doha: Qatar Exchange ended in the red when trading closed yesterday at 12,954.93 points, down 6.63 points, or 0.05 percent, from the previous...
The President of General Motors North America, Mark Reuss, with the new Chevrolet Corvette during a launch. GM said its first-quarter profits plunged...
A demonstrator, wearing a mask depicting Barclays CEO Antony Jenkins, protests as a guide directs shareholders to the Barclays AGM in London yesterday....
Workers assemble built-in appliances at the Whirlpool manufacturing plant in Cleveland, Tennessee. Orders for long-lasting US manufactured goods rose more than expected in...
SAN FRANCISCO: Apple courted investors with stock split plans as hot iPhone sales pushed up profits while underscoring pressure for the company to...
NEW YORK: Facebook profits tripled to $642m in the first quarter on a 72-percent surge in revenues helped by strong gains in mobile...
London: The development of shale gas in Britain could create more than 64,000 jobs and give local businesses a £33bn ($55.37bn) capital injection,...
PARIS/NEW YORK: Alstom said yesterday it was not informed of any potential public tender offer for its shares, which opened 17 percent higher...
DUBAI: Dubai-owned port operator DP World is in talks with lenders to triple the size of an existing $1bn loan, as well as...
MOSCOW: Russia’s third biggest bank moved almost $7bn to the central bank as tension over Ukraine rose in March and joined others in...
WASHINGTON: The International Monetary Fund will take a final decision on a huge rescue plan for embattled Ukraine on April 30, a spokesman...
TOKYO: Failed Bitcoin exchange MtGox, whose spectacular collapse hammered the digital currency’s reputation, is to be liquidated after a Japanese court yesterday ordered...
MADRID: Spain’s economy grew at the fastest rate in six years in the first quarter of 2014 as it pulled out of a...
