TOKYO: Electronics giant Sony will invest 50bn yen ($645m) in scandal-tainted Olympus, the firms said yesterday, as they both look to turn the...
TOKYO: Electronics giant Sony will invest 50bn yen ($645m) in scandal-tainted Olympus, the firms said yesterday, as they both look to turn the...
ISTANBUL: Turkey’s trade deficit fell 30 percent in August on the back of strong gold sales to Iran, bolstering efforts to improve its...
LONDON: In banking, as in fashion, bespoke tailoring commands a premium. As investment banks see their income fall from traditional sales of shares,...
LONDON: European stock markets fell yesterday with attention fixed on Spain as it prepares to publish an audit of its stricken banks and...
MADRID: An independent audit of Spanish banks confirmed a manageable ¤59.3bn in extra capital is needed for them to ride out a serious...
PARIS: The Paris Motor Show opens with the automobile sector in crisis mode amid deep gloom over the future of the European market,...
A file picture of Czech crown bank notes. The Czech central bank cut interest rates to a new low yesterday to encourage consumers...
Doha: Qatar Exchange’s main index lost 105.95 points (1.23 percent) last week when the bourse closed at 8,493.70 points yesterday. The trading value...
LONDON: Britain’s economy contracted less than thought during the second quarter, offering a higher base for an expected return to tepid growth and...
NEW YORK: Oil rose yesterday as tensions between Iran and the West stoked concerns about supplies, while refinery maintenance and low inventory levels...
WASHINGTON: The United States yesterday said that it has signed a framework agreement with Saudi Arabia and other members of the Gulf Cooperation...
DUBAI: An Abu Dhabi bank has filed a legal claim against Dubai’s Zabeel Investments, according to court papers seen by Reuters, the second...
LONDON: European stock markets rebounded slightly yesterday as dealers brushed aside downbeat US growth data and took stock of a fresh Spanish austerity...
DOHA: Guardian Wealth Management Qatar will host a seminar at Doha Golf Club on October 8, 2012, aimed at helping investors protect their...
By Daniel Altman The biggest problem facing the global economy is not climate change, trade imbalances, financial regulation or the eurozone. It is...
By Neil Irwin Just a few days ago, Europe’s long-simmering financial crisis seemed to have reached a resolution, following demonstrations of resolve by...
By Unni Krishnan and Andrew MacAskill Indian Prime Minister Manmohan Singh’s biggest opening to foreign companies since taking office in 2004 boosts odds...
H E Dr Mohammed bin Saleh Al Sada and Yoichi Mukae exchanging documents in Doha yesterday. Doha: Qatargas Operating Company Ltd (Qatargas) announced...
