Business

LONDON: Iraq’s oil exports have fallen so far in December, capping what has been a disappointing year and highlighting challenges it faces in...

OTTAWA: BlackBerry said yesterday it fell deeper into the red in the past quarter as the struggling smartphone maker unveiled a new manufacturing...

NICOSIA: The Cyprus parliament has approved the island’s first post-bailout budget providing deep spending cuts in 2014 of about 10 percent to ensure...

PARIS: France’s unloved financial transaction tax is hampering its efforts to persuade local institutions to buy stakes in Paris stock exchange operator Euronext...

LONDON: European markets soared yesterday after the US Federal Reserve boosted confidence in the  economic recovery by announcing plans to scale back its...

Honda Motor President Takanobu Ito unveiling the new vehicle ‘Vezel’ during a press conference in Tokyo yesterday. Honda begins sales of the car...

A man checks newly launched Acer Iconia W4-802 tablet in  Bangalore, India, yesterday. Taiwan’s Acer Inc announced the launch of the tablet categorised...

A Target store in Miami, Florida. Target announced that about 40 million credit and debit card accounts of customers who made purchases by...

ROME: Abu Dhabi’s Etihad Airways is in early-stage talks over a possible ¤300m ($413m) investment in Alitalia, a political source close to the...

DUBLIN: Ireland’s economy grew more than twice as fast as expected in the third quarter, thanks to buoyant construction and investment, putting it...

WASHINGTON: US home resales hit a near one-year low in November and new filings for unemployment benefits unexpectedly rose last week, putting a...

ZAWIYA: Libya is stepping up fuel imports, with four tankers queuing at one port as the Opec producer’s second-largest refinery is running at...

CAIRO: Egypt’s current account recorded a surplus in the first quarter of the financial year, boosted by billions of dollars in aid from...

BRUSSELS: EU finance ministers late on Wednesday reached a banking union accord which will hand Brussels unprecedented new powers to prevent failing banks...

DUBAI: Bank of London and The Middle East (BLME) expects Islamic bond issuance to pick up in the Gulf next year as companies...

DUBAI: Attempts by Bahrain’s Batelco to offset shrinking earnings at home by expanding abroad have run into trouble as parts of its biggest...

Indian construction workers carry a sheet of glass at a construction site in Mumbai yesterday. Reserve Bank of India kept a key interest...

Customers view various products at an Apple Store in Beijing, yesterday. Reports stated that China Mobile could be headed for a deal with...