CHICAGO: Chevron Corp., the second-largest US energy company, said that fourth-quarter profit increased 41 percent to a record $7.25bn as it reported stronger...
CHICAGO: Chevron Corp., the second-largest US energy company, said that fourth-quarter profit increased 41 percent to a record $7.25bn as it reported stronger...
JOHANNESBURG/FREETOWN: While mobile phone usage has exploded across Africa over the last decade, transforming daily life and commerce for millions, it’s a revolution...
Fiat President John Elkann (right) and Fiat CEO Sergio Marchionne posing next to a Maserati luxury sports car during the opening of a...
LONDON: Crude oil prices spiked to four-month peaks this week, energised by the weak dollar, mostly upbeat global economic data and Middle East...
AMMAN: Jordan’s largest lender, Arab Bank Group, posted a 15 percent rise in 2012 net profit to $352m on higher revenues, with its...
LONDON: Royal Bank of Scotland faces the prospect of scrapping all bonuses for its investment bankers this year to free up cash to...
LONDON: Asian liquefied natural gas (LNG) prices rose toward record highs this week as fresh production outages in Norway and project delays in...
An aerial view of Atlantis Hotel and The Palm Jumeirah in Dubai. DUBAI: The revolts that began in Tunisia at the end of...
A girl walks past a model of a watch at a museum in Beijing, yesterday. Manufacturing activity in China expanded in January, two...
WASHINGTON: Unemployment in the United States ticked up in January while jobs growth slowed, but the labour market had a better year in...
LONDON: Barclays bank Chief Executive Antony Jenkins announced yesterday that he would forego his 2012 bonus after a “very difficult year” at the...
SEOUL: Samsung Electronics Chairman Lee Kun-Hee won a court ruling yesterday against demands from his siblings to hand over billions of dollars in...
CHICAGO: US vehicle sales looked set to extend a lengthy streak of gains in January as General Motors, Ford, Chrysler and Toyota posted...
LONDON: Britain’s failed camera retailer Jessops has been purchased by a group that includes entrepreneur Peter Jones, who stars on business-themed television show...
A Jet Airways aeroplane takes off from Sardar Vallabhbhai Patel International Airport in the western Indian city of Ahmedabad, yesterday MUMBAI: India’s biggest...
LONDON: Most European stock markets posted strong gains yesterday on reassuring US jobs data, but Madrid was hit by news of falling profits...
People walk by advertising signs for seasonal sales in New York. Consumers held tight to their wallets in December, the key holiday shopping...
DOHA: The banking and financial services sector lifted the trading value of shares on Qatar Exchange by 55.66 percent during the month of...
