MUMBAI: Indian drugmaking giant Ranbaxy Laboratories said yesterday it was suspending shipments from two of its plants following US import bans on its...
MUMBAI: Indian drugmaking giant Ranbaxy Laboratories said yesterday it was suspending shipments from two of its plants following US import bans on its...
Doha: Lexus yesterday announced a steady increase in Middle East sales in 2013 with a more than 19 percent rise by selling 37,284...
BRUSSELS: Germany is set to accelerate away from France and Italy in 2014 as the fragmented eurozone economy gradually recovers from its worst...
DUBAI: The outlook for Egypt’s banking system is negative because of political instability and banks’ increasing exposure to the indebted government, Moody’s Investors...
FRANKFURT: Bank card fraud rose for first time in four years in 2012, largely due to Internet fraud, data compiled by the European...
MOSCOW: The Brics bloc of emerging economies will set up its development bank with a total capital of $100bn within five years, but...
BEIJING/HONG KONG: China’s corporate debt has hit record levels and is likely to accelerate a wave of domestic restructuring and trigger more defaults,...
LONDON: Oil exports from Iraq’s southern terminals have jumped by more than 300,000 barrels per day (bpd) so far in February, according to...
LONDON: Britain’s oil and gas companies spent a record £8.9bn ($15bn) in 2013 to produce eight percent less fossil fuel than the year...
SYDNEY: Struggling Australian carrier Qantas yesterday said it was committed to slashing costs by Aus$2bn ($1.8bn) but refused to confirm or deny a...
Mumbai: India’s Reliance Industries Ltd, owner of the world’s biggest oil refining complex, imported 14.2 percent less crude in January compared with the...
Sheikh Jassim bin Hamad bin Jassim bin Jaber Al Thani flanked by Abdullatif bin Abdulla Al Mahmmoud (left) and Mohammad bin Abdullatif Al...
Marios Maratheftis (left) and Charles Carlson. Kammutty VP By Satish Kanady DOHA: Qatar needs to deepen its domestic debt market as issuing government...
Britain’s Prime Minister David Cameron (left) visits the BP Eastern Trough Area Project oil platform in the North Sea yesterday. LONDON: Britain urgently...
People queue at an ATM of an HSBC branch in Hong Kong. LONDON: HSBC announced yesterday a 15.5-percent rise in annual net profits...
Employees work at the assembly line of the Honda Amaze car inside the company’s manufacturing plant in Tapukara, in India’s Rajasthan, yesterday.
DOHA: Qatari banking sector’s loan-to-deposit ratio (LDR) increased to 107 percent at the end of January 2014 against 105 percent in December 2013. ...
DOHA: The acquisition of Antares Holdings Limited by Qatar Insurance Company (at regulatory approval stage) is “credit positive” for both QIC and Lloyd’s...
