GENEVA: Disasters caused global economic losses of about $130bn (¤94.5bn) this year, Swiss Re said yesterday, but there was little insurance coverage for...
GENEVA: Disasters caused global economic losses of about $130bn (¤94.5bn) this year, Swiss Re said yesterday, but there was little insurance coverage for...
NEW YORK: Ford Motor shares tumbled more than six percent yesterday after the company forecast disappointing 2014 profit and said its mid-decade profit...
OSLO: Budget airline Norwegian Air Shuttle said yesterday it had ordered two new Boeing 787-9 Dreamliners in a vote of confidence in the...
KUWAIT: Ibrahim Dabdoub, one of the longest-serving bank executives in the world, will retire from National Bank of Kuwait next year after leading...
NEW DELHI: India’s oil imports from Iran fell 34.8 percent in April-November from a year ago despite a jump last month, giving New...
ANKARA: Cold winter weather has forced Turkey to seek costly cargoes of liquefied natural gas (LNG) for December as power demand soars, traders...
ATHENS: In the crisis-hit, jungle-like Greek job market, not only has unemployment reached staggering heights, but salaries are paid with huge delays and...
DOHA: The burgeoning consumer demand, underpinned by a projected seven percent year-on-year population growth, Qatar’s headline inflation is expected to go up over...
Employees of the BLG Logistics Group working on a line of new Mercedes-Benz cars in Bremerhaven, Germany. New car sales in the European...
A bucket-wheel excavator extracting coal from the brown coal open cast mine Garzweiler in Immigrath, western Germany. The small town and surrounding towns...
Iraq’s Deputy Prime Minister for Energy Hussain Al Shahristani (left) with Japan’s Prime Minister Shinzo Abe (right) at Abe’s official residence in Tokyo...
PARIS: Strikes at Total’s La Mede, Gonfreville, Feyzin and Grandpuits refineries went into their fifth day yesterday as workers belonging to the hardline...
STOCKHOLM: The Swedish central bank, the Riksbank, cut its key interest rate to 0.75 percent yesterday as worrying deflationary signs lingered on the...
LONDON: Britain will launch its latest licensing round to allow companies to explore for shale gas in early summer and it forecast high...
MUMBAI: Britain’s Tesco said yesterday it has applied to open supermarkets in India, becoming the first retail giant to try to enter the...
BAKU: Backers of Azerbaijan’s Shah Deniz II gas project signed a final investment decision yesterday, scaling up its status as an alternative gas...
DOHA: As Qatar and the wider Middle East region continues to increase its position as a host destination for world sporting events, the...
DUBAI: Rising Saudi energy demand is a bigger threat to the world’s biggest oil exporter than surging US shale output, Saudi Jadwa Investment...
