KUWAIT: Kuwait has eased capital rules for joint-stock companies to list on the stock exchange to encourage firms to raise funds and broaden...
KUWAIT: Kuwait has eased capital rules for joint-stock companies to list on the stock exchange to encourage firms to raise funds and broaden...
FRANKFURT/BERLIN/PARIS: Germany’s Siemens is working on a formal asset-swap offer for Alstom’s power business that could come as early as this week and...
DOHA: A significant rise in the prices of plots of land over the last several years has pushed potential investors in the hospitality...
LONDON: Britain’s 1,000 richest people have enjoyed a “phenomenal” increase of 15 percent in their wealth in the past year, according to The...
Doha: Qatar Exchange ended in the red when trading closed yesterday at 13,020.72 points, down 84.03 points, or 0.64 percent, from the previous...
LONDON: US drugmaker Pfizer Inc is planning to raise its offer for AstraZeneca Plc as it works with its advisers against the clock...
NEW YORK: Facebook Inc is developing its own video-chat app, known internally as Slingshot, after its failed attempt to acquire mobile messaging startup...
LONDON: Government bond yields have tumbled on the basis that the world’s major central banks will continue to keep monetary policy easy and...
WASHINGTON: The regulator of government-controlled mortgage finance firms Fannie Mae and Freddie Mac said yesterday he would not oppose them having a smaller...
Beijing: China has proposed to accelerate the establishment of the Free Trade Area of Asia-Pacific at a meeting of economic officials from the...
Doha: Qatar Gas Transport Company (Nakilat) announced that rating agency Moody’s Investors Service has reaffirmed Nakilat Inc’s senior secured debt rating at “Aa3”...
LONDON: Bank of England Governor Mark Carney gave his strongest warning to date about the risks of a housing bubble and said the...
PARIS: The badly tarnished countries of southern Europe where investors dared not venture at the height of the debt crisis are now the...
WASHINGTON: South Korean carmaker Hyundai is recalling 140,000 vehicles in the United States and Puerto Rico because of an airbag problem, according to...
TOKYO: Japan’s eight carmakers have joined forces to develop environmentally friendly engines to stave off fierce competition from foreign rivals, a press report...
BERLIN: German industry is ramping up efforts to dissuade Chancellor Angela Merkel from imposing tough new economic sanctions on Russia over Ukraine, warning...
NEW YORK: The head of US bank Goldman Sachs has warned that guilty pleas from rivals BNP Paribas and Credit Suisse, under legal...
PARIS: Grains, metals, meat: these are just three of the commodities being sucked in by the voracious Chinese economy which is set to...