Tunis: Tunisia’s oil production has declined, to reach for the first time 59,000 barrels per day from 115,000 barrels, since no exploration wells...
Tunis: Tunisia’s oil production has declined, to reach for the first time 59,000 barrels per day from 115,000 barrels, since no exploration wells...
CARACAS: Venezuela announced it would repay a small part its debt to local importers, after currency controls have sparked mass shortages of basic...
NEW YORK: The rally in US Treasury bonds surprised many, taking 10-year yields to their lowest levels in 11 months. Jobs data and...
NEW YORK: Canadian equipment finance company Element Financial Corp is close to a deal to buy PHH Corp’s auto fleet leasing business for...
NEW YORK: The Dow and the S&P 500 edged up to end at record highs on Friday, wrapping up four straight months of...
LONDON: The world’s top investors cut cash holdings in May to their lowest since November and put money to work in risky assets,...
TORONTO: Royal Bank of Canada may invest as much as $1bn in a hedge fund spun off from its proprietary trading business. RBC,...
PALO ALTO: A trio of US Federal Reserve officials who disagree deeply with one another over the appropriate stance of monetary policy expressed...
PALO ALTO: The Federal Reserve should provide more information on the likely future path of interest rates and explain its policy decisions in...
Washington: Chinese e-commerce giant Alibaba Group Holding Ltd is one of several companies that are in talks to invest for a stake in...
DOHA: Air New Zealand is close to placing an order for around a dozen A320-family aircraft worth well over $1bn at list prices...
SAN FRANCISCO/NEW YORK: Erik Huggers is leaving Verizon Communications Inc just five months after joining the company via the acquisition of the Intel...
New York: Shares of Infoblox Inc slumped 41 percent to their life low on Friday, a day after the network equipment maker warned...
NICOSIA: Bank of Cyprus, the island’s largest lender, announced Friday it had made a €31m net profit in the first quarter after seven...
The logo of BNP Paribas is seen on the bank’s building in Paris yesterday. PARIS/LONDON: Fears that a looming US fine on BNP...
SINGAPORE: Asian spot liquefied natural gas (LNG) prices continued to slide this week with buyers in no rush to chase cargoes ahead of...
LONDON: Opec’s oil output has risen to a three-month high in May, a Reuters survey found yesterday, as increased supplies from Angola and...
A farmer sits on a trolley loaded with melons as he waits for customers at a fruit and vegetable market in the northern...
