AMSTERDAM/LONDON: The Dutch cabinet has decided to cut gas production at Groningen, one of the world’s largest gas fields, by 15 to 20...
AMSTERDAM/LONDON: The Dutch cabinet has decided to cut gas production at Groningen, one of the world’s largest gas fields, by 15 to 20...
PRISTINA: Kosovo has asked the International Monetary Fund (IMF) for talks on a new precautionary programme, but is unlikely to need to draw...
MOSCOW: Russian Energy Minister Alexander Novak and EU Energy Commissioner Gunther Oettinger reported no progress yesterday at tense talks over state-run Gazprom’s stranglehold...
TAIPEI: Taiwan’s struggling personal computer maker Acer yesterday reported its third consecutive full-year net loss due to falling sales and a write-off of...
TOKYO: A Japanese government report yesterday said the economy was “recovering”, its first use of the word since the 2008 global financial crisis,...
BOCHUM: German heavy industry giant ThyssenKrupp promised its shareholders yesterday to resume paying dividends, but did not gave any indication about when it...
LONDON: European stocks pulled back yesterday, failing to gain traction from a surprise drop in US unemployment claims, while Citigroup earnings disappointed. London’s...
A woman walks past a Citibank branch on Park Avenue in New York. US banking giant Citigroup yesterday reported that quarterly earnings more...
The Chrysler 2015 SRT Viper on display at the North American International Auto Show in Detroit, Michigan. The show ends on January 26.
The headquarters of Goldman Sachs in New York. The investment bank reported a 20.6 percent decline in quarterly earnings, as elevated litigation expenses...
DOHA: Driven by the strong performances of banking, insurance and industrial sectors, the Qatar Exchange (QE) index gained 233.05 points or 2.14 percent...
DUBAI: Masraf Al Rayan, Qatar’s largest Shariah-compliant bank by market value, said yesterday that it had completed its acquisition of Islamic Bank of...
LONDON: Qatar’s imminent sukuk issuance of roughly $3bn will kick-start what may be a record year for the Shariah-compliant debt market, Fitch Ratings...
MANAMA: Saudi Gulf Airlines, a new carrier born of the deregulation of Saudi Arabia’s aviation market, has signed a $2bn deal with Canada’s...
LONDON: Opec has lowered its oil output further and is pumping less than this year’s global need for its crude, the exporter group...
ISTANBUL: The Turkish currency plunged to a new low against the dollar yesterday as the government grappled with its worst crisis for years,...
LONDON: A much better year lies in store for most of the world’s major developed economies, although weak inflation will persist, complicating central...
DUBAI: Dubai Group has signed a $10bn debt restructuring deal, two sources with knowledge of the matter told Reuters, marking the end of...
