JERUSALEM: Israel’s cabinet yesterday approved a plan to raise the 2013 budget deficit target, allowing the government to delay the most painful planned...
JERUSALEM: Israel’s cabinet yesterday approved a plan to raise the 2013 budget deficit target, allowing the government to delay the most painful planned...
SYDNEY: Rio Tinto chief Sam Walsh yesterday warned of more job cuts as the mining giant works to make $5bn in savings by...
GENEVA: The World Trade Organisation (WTO) has overseen a 12-year stalemate in global trade talks. On Wednesday, it will decide whether an insider...
Two major events took place last week, the FOMC statement, and the highly anticipated European Central Bank press conference. The Federal Reserve said...
Afghan farmers work in a wheat field on the outskirts of Jalalabad yesterday. Only about 15 percent of Afghanistan’s land, mostly in scattered...
Doha: Qatar Exchange pursued its upswing trend yesterday, adding 36.85 points (or 0.42 percent) to advance to 8,785.53 points from 8,748.68 on Thursday....
MOSCOW: When Vladimir Putin returned one year ago to the Kremlin for a historic third term, Russia could boast robust if unspectacular growth,...
A boy stands inside a fitting room as his mother and a salesman (left) look on inside a V-Mart retail store in New...
DUBAI: The Dubai government said yesterday it has repaid in full $910m of maturing bonds, declaring it reflected a commitment of the indebted...
BY MOHAMMAD SHOEB DOHA: An increasing influx of foreign insurers and brokers is creating unhealthy competition, and playing a “negative role” creating “more...
A child holds a banner saying “Kunming, only one spring city” during a demonstration against plans for a factory to produce paraxylene (PX)...
DUBAI: Dubai aims to treble its annual income from tourism to Dh300bn ($82bn) by 2020, which would involve doubling the number of its...
NEW YORK: Surging oil production has put the United States on track toward greater energy independence, pushing US reserves to their highest levels...
LIVERPOOL, England: Bank loans are back in favour this year with British companies and banking relationships have also improved markedly, corporate treasurers said...
Doha: Sub-Saharan Africa has been experiencing strong growth in recent years, which is expected to continue. This boom creates an opportunity for GCC...
London: George Osborne will warn the International Monetary Fund that a U-turn on the government’s budget plans would do more harm than good...
Edinburgh: Business Minister Vince Cable is urging the chancellor to consider breaking up the Royal Bank of Scotland to boost competition in the...
JOHANNESBURG: After shunning Zimbabwe during its years of hyperinflation and political strife, foreign investors are finding the southern African country increasingly attractive. Zimbabwe’s...
