LAGOS: Nigeria’s financial markets posted healthy gains in 2013 but five years on from the global financial meltdown, local investors are still wary...
LAGOS: Nigeria’s financial markets posted healthy gains in 2013 but five years on from the global financial meltdown, local investors are still wary...
NEW YORK: The Pimco Total Return Fund, the world’s largest bond fund, saw its assets sink by a record $41.1bn last year after...
MUMBAI: The Reserve Bank of India (RBI) recommended moving away from determining money market benchmarks through the current poll of traders towards one...
FRANKFURT: The European Central Bank looks set to ring in the New Year with interest rates on hold, but will have its work...
TRIPOLI: Libya has restarted oil production at the southern El Sharara field with an initial output of 60,000 barrels per day (bpd) after...
TOKYO: Honda Motor Co and General Motors Co are expected to jointly develop batteries for fuel-cell vehicles, with the aim of lowering the...
MILAN: Fiat has given Rome guarantees that the automaker will invest in plants in Italy and keep a strong presence in the country...
Hazel Powers (right), who has worked at Boeing for 35 years, reacts with fellow union members after hearing that a union vote narrowly...
The logos of Italian car manufacturer Fiat and US automobile heavyweight Chrysler. Fiat said that it had agreed to buy up the remainder...
A woman chooses clothes in a store in Rome yesterday, the first day of the winter sales in Italy.
A man walks past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing. China’s central bank will require...
Excess natural gas is being flared, or burnt off, at a flare stack at the refinery in Tula. Mexico’s oil refining industry, saddled...
Smoke rises after explosions at gas pipelines near Damascus international airport, in Erbeen. Explosions hit two large Syrian gas pipelines on Friday near...
Kochi: Major buyers of LNG in Asia should come together to demand a fair pricing mechanism for gas being imported from outside the...
DOHA: Qatar’s real GDP growth is expected to pick up to 6.8 percent in 2014 as the implementation of large infrastructure projects and...
DUBAI: Dubai developer Nakheel plans to repay nearly a third of its total bank debt in the first quarter of 2014, well ahead...
NEW YORK: US crude oil imports fell to the lowest level in almost 16 years as domestic output rose, the Energy Information Administration...
JAKARTA: Magenta-coloured bars creep up on a monitor screen at the control room of Senipah-Peciko-South Mahakam oil terminal in Indonesia’s East Kalimantan province,...
