DUBAI: Attempts by Bahrain’s Batelco to offset shrinking earnings at home by expanding abroad have run into trouble as parts of its biggest...
DUBAI: Attempts by Bahrain’s Batelco to offset shrinking earnings at home by expanding abroad have run into trouble as parts of its biggest...
Indian construction workers carry a sheet of glass at a construction site in Mumbai yesterday. Reserve Bank of India kept a key interest...
Customers view various products at an Apple Store in Beijing, yesterday. Reports stated that China Mobile could be headed for a deal with...
People walk past a Citibank branch in New York. The US Justice Department is preparing to file civil fraud charges against Citigroup Inc...
A woman pumps petrol into a motorcycle at a petrol station in Hanoi yesterday. Fuel distributors in Vietnam have been allowed to raise...
Pakistani farmers load oranges onto a truck yesterday. Pakistani government has struggled to woo investment in the energy sector to boost the economy...
BRUSSELS: Eurozone finance ministers made progress yesterday on some details of a plan to close banks, paving the way for completion of a...
LONDON: Brent oil futures held above $108 a barrel yesterday with investors reluctant to lock in positions ahead of a US Federal Reserve...
BRUSSELS: Germany’s multi-billion euro exemption of heavy industry from green energy charges will be investigated fully to see whether it is unfair, the...
PARIS: Low-cost Malaysian airline AirAsiaX announced yesterday that it was ordering 25 long-range A330-300 aircraft with a catalogue price of nearly $6bn (¤4.4bn)....
LONDON: Britain’s unemployment rate has fallen to its lowest level in four-and-a-half years, data showed yesterday, testing the Bank of England’s plans to...
PARIS: Darty Plc, Europe’s third-largest electricals retailer by sales has agreed to sell its loss-making Turkish business and plans to buy a French...
SHANGHAI: The virtual currency Bitcoin crashed in China yesterday, falling nearly 50 percent after the country’s biggest trading platform BTC China banned deposits...
DOHA: QInvest has advised on sukuk transactions in 2013 totalling $3.5bn, and expects another busy year in 2014, with increased activity from within...
SEOUL: Business sentiment among Asia’s top companies dropped sharply in the fourth quarter, extending last quarter’s declines, with global economic uncertainty and rising...
MOSCOW: Gazprom will sell gas to Ukraine at a big discount under a deal agreed by President Vladimir Putin but the state gas...
NICOSIA: Bank of Cyprus (BoC) announced yesterday a nine-month net loss of ¤1.94bn ($2.66bn), mostly on the back of provisions for winding up...
Al KHOBAR: Saudi Electricity Co (SEC) has signed a $366m loan agreement with the Japan Bank for International Cooperation (JBIC) and two Japanese...