DOHA: The Governing Board of the Kuala Lumpur-based International Islamic Liquidity Management Corporation (IILM) announced its inaugural short-term sukuk programme aimed at addressing...
DOHA: The Governing Board of the Kuala Lumpur-based International Islamic Liquidity Management Corporation (IILM) announced its inaugural short-term sukuk programme aimed at addressing...
THAR JATH, South Sudan: South Sudan restarted oil production yesterday, ending a bitter 15-month row with former civil war foe Sudan and marking...
ZAGREB: The Croatian government yesterday privatised an ailing wharf as part of moves to restructure its shipbuilding sector in line with conditions for...
Khalid Mahmood, Member of Parliament from Birmingham and Jerry Blackett, Chairman of Birmingham Chamber of Commerce cutting a cake to mark the inauguration...
ROME: The Italian government yesterday gave its go-ahead for a bill to pay back ¤40bn in debts owed to the private sector in...
BOAO: China’s big banks are not delivering on their promise to lend more to the smallest firms and are instead “faking” their micro...
DOHA: The second edition of ‘Bloomberg Doha Conference’, hosted by Bloomberg Link in association with the Qatar Financial Centre Authority is set to...
France’s Industrial Recovery Minister Arnaud Montebourg during an action to promote “Made in France” products, with workers of “Blanc des Vosges” textile factory...
NEW YORK: Bank of America Corp (BofA) won a federal judge’s approval for a $2.43bn settlement with investors who said the lender hid...
Washington: Federal charges unsealed on Friday accuse four former Tulsa, Oklahoma-based BizJet International Sales and Support Inc executives of engaging in a bribery...
HELSINKI: Big bank depositors could take a hit under planned European Union law if a bank fails, the EU’s economic affairs chief Olli...
SAN FRANCISCO: A federal judge struck down an effort to form a class action lawsuit to go after Apple, Google and five other...
LOS ANGELES: High end electric car maker Fisker Automotive, which has had financial difficulties for months, said it was laying off 75 percent...
A worker walks on Portuguese oil company GALP’s new refinery plant in its Sines facilities after its inauguration, 170km south of Lisbon, yesterday.
MADRID: Global credit rating agency Moody’s warned yesterday that Spain’s battered banks face a grim outlook even after a European-funded rescue, with high...
WASHINGTON: American employers hired at the slowest pace in nine months in March, a sign that Washington’s austerity drive could be stealing momentum...
Members of the Public and Commercial Services union (PCS) rally outside the Cabinet Office in central London yesterday as they strike for half...
NICOSIA: An exit from the eurozone may look tempting for Cyprus in the throes of economic collapse but it poses a high-risk option...