NEW DELHI: Indian Hotels, an arm of the giant Tata Group, has abandoned a $1.2bn offer to buy Orient-Express Hotels, marking its second...
NEW DELHI: Indian Hotels, an arm of the giant Tata Group, has abandoned a $1.2bn offer to buy Orient-Express Hotels, marking its second...
TOKYO: Nissan Motor will start producing mini-vehicles, a special category of small cars in Japan, as early as next year in a bid...
A topside module is being lifted to its jacket. Doha: RasGas Company Limited (RasGas) announced that the $10.3bn Barzan Gas Project’s four offshore...
A businessman is silhouetted as he stands under the Arche de la Defense, in the financial district west of Paris. Standard & Poor’s...
Inta Krueger shops for a refrigerator at a Sears store in Schaumburg, Illinois, near Chicago. US consumer spending increased modestly in September as...
New York: Boeing Co said yesterday it was ready to re-examine alternative sites for its newest jet if assembly workers and local politicians...
FRANKFURT: Germany s ballooning trade surplus, increasingly a source of friction with some of its European partners, hit a new record in September,...
RENNES, France: Troubled French poultry group Doux is close to signing a rescue deal whereby its main client, Saudi food distributor Almunajem, will...
FRANKFURT: The European Central Bank yesterday called for Europe-wide rules for winding up failed banks to be drawn up before it takes over...
Two employees of SPCG, Thailand’s largest solar farm producer, walk between panels at the farm in Korat, Nakorn Ratchasima province. Riding on generous...
BEIJING: Chinese exports grew faster than expected in October, data showed yesterday, adding to signs the economy is picking up though analysts cautioned...
NEW DELHI: India s Tata Motors said yesterday its quarterly net profit surged by a surprise 71 percent as a robust performance by...
ISLAMABAD: The International Monetary Fund said yesterday that Pakistan was broadly on track with reforms tied to a $6.7bn loan package, but warned...
Al KHOBAR: Opec heavyweight Saudi Arabia has cut back oil output that had held at record rates of around 10 million barrels a...
An Opec flag is seen during the presentation of Opec’s 2013 World Oil Outlook in Vienna yesterday. LONDON/VIENNA: Opec could lose almost 8...
LONDON: Global oil prices slid yesterday, with Brent hitting four-month lows, as the dollar soared against the euro after the European Central Bank...
DOHA: The 1st Asia Reinsurance Barometer, published by the Qatar Financial Centre (QFC) Authority, finds that the region’s reinsurance markets are still bustling...
LONDON: Global oil prices slid yesterday, with Brent hitting four-month lows, as the dollar soared against the euro after the European Central Bank...