LONDON: Brent crude oil slipped to around $110 a barrel yesterday but remained on course for its highest weekly close this year, as...
LONDON: Brent crude oil slipped to around $110 a barrel yesterday but remained on course for its highest weekly close this year, as...
BEIJING/NEW DELHI: Iran’s top two oil customers China and India have boosted imports in January, taking in close to the total volume the...
LONDON: Gold steadied yesterday and was on track to end the week little changed as the dollar turned lower after another batch of...
MADRID: Spain’s trade deficit fell by almost half in 2013 as exports hit a record level due to a successful push by Spanish...
LONDON: China’s yuan currency weakened to its lowest level since early October in offshore trade yesterday, extending a central bank-sponsored slide that has...
PARIS: French insurance group AXA, number two in Europe after German giant Allianz, raised net profit by 10 percent last year with a...
PARIS: Mining group Eramet, hit by a slump in the price of nickel, is delaying a project to develop huge nickel resources at...
London: Hotel chain operator Millennium & Copthorne’s full-year pretax profit jumped 54 percent due to accrued one-time revenue from condominium sales by its...
People look at a Tesla Motors vehicle on the showroom floor at the Dadeland Mall in Miami, Florida. Tesla said yesterday that it...
A woman walks next to products of German sports goods firm Puma in Herzogenaurach yesterday. Puma said sales fell 13.2 percent to $960m...
FRANKFURT/HELSINKI: Finland’s Nokia is considering buying US-based Juniper Networks to merge into its telecommunications network gear business, German’s Manager Magazin Online reported, citing...
DOHA: The annual net profit (after fair value gains on investment properties) of Aamal Company for 2013, ended December 31, decreased to QR512m,...
Paris: The extra costs which Islamic banks in the Gulf charge consumers relative to conventional banks appear to be falling, according to a...
Doha: Qatar Exchange (QE) index gained 356.90 points, or 3.10 percent, last week when the bourse closed yesterday at 11,872.40 points. The bourse...
NEW YORK/ST LOUIS: Three Federal Reserve officials said they believe the US economy is gaining traction despite a recent slowdown from severe weather,...
SYDNEY: IMF chief Christine Lagarde and British finance minister George Osborne yesterday demanded emerging economies get their own houses in order, after some...
DUBAI: Bahrain Telecomm- unications (Batelco) will take majority control of Kuwait’s Qualitynet after agreeing to double its stake in the Internet provider, Batelco...
San Francisco: Facebook Inc will buy fast-growing mobile-messaging startup WhatsApp for $19bn in cash and stock in a landmark deal that places the...