DUBAI: Saudi Arabia produced 9.6 million barrels per day (b/d) of oil in May, up from 9.3m b/d in April, an industry source...
DUBAI: Saudi Arabia produced 9.6 million barrels per day (b/d) of oil in May, up from 9.3m b/d in April, an industry source...
NICOSIA: US firm Noble Energy said yesterday that it has started drilling off the southern shores of Cyprus to assess if there is...
ST PETERSBURG: The Group of 20 nations is intensifying its debate on how to withdraw the fiscal and monetary stimulus measures that developed...
A trader working on the floor of the New York Stock Exchange yesterday. LONDON: European equities fell yesterday after the ECB and Bank...
DOHA: Qatari stocks fell marginally yesterday showing no impact of Wednesday’s news reports hinting that plans were under way to encourage companies to...
DOHA: Qatar stepped in with QR26bn ($7.1bn) of financial support for its ailing property firm Barwa Real Estate yesterday, buying some key assets...
LONDON: Saudi Arabia’s Prince Alwaleed bin Talal, one of the world’s wealthiest businessmen who owns assets including London’s Savoy hotel, has launched a...
BRUSSELS: The European Commission will shortly present proposals to tighten up oversight of key financial market benchmarks, especially of interest rates, after recent...
People walk past closed shops at an arcade in central Athens yesterday. Greeks reacted with a mix of vindication and outrage at the...
HAMBURG/LONDON: Iran’s state grains buyer GTC swept back into international markets, picking up more than half a million tonnes of wheat to shore...
WASHINGTON: The number of Americans filing new claims for unemployment benefits fell last week, pointing to moderate job growth despite slowing economic activity....
MUMBAI: Reliance Industries, India’s biggest private firm will invest Rs1.5 trillion ($26bn) in its businesses over the next three years, chairman Mukesh Ambani...
A view of a Jeep logo at a Chrysler dealer in Los Angeles. Two days after rejecting a push to recall old model...
DOHA: Two key entities listed on the Qatari bourse have sought the approval of the bourse’s administration to increase the number of their...
Pawan Goenka, President of Automotive and Farm Equipment Sectors at Mahindra & Mahindra, with the new Mahindra Verito Vibe compact car in Mumbai...
NEW YORK/LONDON: Brent crude oil rose modestly yesterday after inventory data showed fuel stockpiles in the United States fell sharply last week, signalling...
BRUSSELS: T he pace of the eurozone’s economic contraction slowed quarter-on-quarter in the first three months of this year, EU statistics showed yesterday,...
Black glue is applied on an Audi A3 car door at the production line of the German car manufacturer’s plant in the Bavarian...