TOKYO: Japan yesterday said it had won the rights to explore for cobalt-rich crusts in the Pacific, a move that could reduce its...
TOKYO: Japan yesterday said it had won the rights to explore for cobalt-rich crusts in the Pacific, a move that could reduce its...
DOHA: The MSCI’s decision to elevate Qatar from Frontier Market to Emerging Market status will significantly benefit Asset Management companies. A survey, jointly...
A file picture of workers removing the Dexia bank logo from its headquarters in Brussels after the Belgian part of the bank was...
Doha: The Chinese authorities’ policy to squeeze excessive credit expansion may dampen economic growth in the second half of 2013, according to QNB...
LONDON: Britain’s government remains on track to meet its politically sensitive budget goals for the current tax year, data showed on Friday, although...
A bank clerk counts Chinese yuan notes at a branch of Industrial and Commercial Bank of China in Huaibei. BEIJING: Chinese banks took...
ISTANBUL: Azeri Socar is in talks with Austrian OMV’s Petrol Ofisi to buy into its aviation fuel business, industry sources said, as the...
NEW YORK/SEATTLE: Mem-bers of Microsoft Corp’s board have held talks with ValueAct Capital Management LP in recent days over the activist shareholder’s demands...
A tourist swims in the pool of a luxury hotel as the Acropolis hill is seen in the background in Athens. Foreign tourists...
IMF Managing Director Christine Lagarde attending the G20 Finance Ministers and Central Bank Governors Meeting 2013 in Moscow yesterday. MOSCOW: The Group of...
LONDON: Oil on both sides of the Atlantic climbed above $109 a barrel yesterday, after encouraging economic data and a sharp decline in...
LONDON: An Abu Dhabi sheikh who helped British bank Barclays avoid a state bailout during the global financial crisis has sold his stake....
TOKYO: Investors shrugged yesterday after the US Justice Department announced Japan’s Panasonic and its subsidiary Sanyo had pleaded guilty to price-fixing involving auto...
LONDON: Former BP chief executive John Browne is to preside over the biggest set of oil and gas assets in the shallower, mature...
LONDON: The British government unveiled what it described as the world’s most generous incentives for shale gas yesterday, offering tax breaks to drive...
LONDON: European shares were mostly unchanged yesterday with investors digesting disappointing results from Google and Microsoft and hints of financial reform in China....
The 1,000th A330 was delivered to Cathay Pacific Airways at a special ceremony in Toulouse airport yesterday. Cathay Pacific, together with its sister...
JUBA: South Sudan will slash its oil output to 100,000 barrels a day over the weekend as it moves toward a full shutdown,...