A worker from the Libyan Oil and Gas national company walks at the Hariqa oil port storage in Tobruk, Libya, yesterday. Libya’s navy...
A worker from the Libyan Oil and Gas national company walks at the Hariqa oil port storage in Tobruk, Libya, yesterday. Libya’s navy...
LONDON: Britain’s North Sea energy output will fall this year more sharply than forecast in February as ageing fields grow less productive and...
LONDON: British lender Lloyds Banking Group has sold German life insurer Heidelberger Leben to private equity group Cinven and reinsurer Hannover Re for...
NEW YORK: Oil prices on both sides of the Atlantic fell yesterday on reports that some Libyan oil exports might soon resume, and...
Doha: Qatar Exchange index continued its gaining streak yesterday adding 21.07 points or 0.21 percent to advance to 10,065.20 points from 10,044.13 on...
MOSCOW: Russia’s economy minister warned yesterday that officials will probably have to downgrade the 2013 growth forecast for the second time in months...
Islamabad: Pakistan’s Meezan Bank plans to arrange the country’s first airtime-based sukuk, a format favoured by telecommunications operators wishing to tap liquidity in...
European Central Bank Executive Board member Joerg Asmussen (right) follows Greece Finance minister Yannis Stournaras after their meeting at the Greek Finance ministry...
MOSCOW: Russia’s economy minister warned yesterday that officials will probably have to downgrade the 2013 growth forecast for the second time in months...
DUBAI: A unit of Saudi Arabia’s No.2 mobile firm Etihad Etisalat (Mobily) has signed a memorandum of understanding with four shareholders in Etihad...
Shopping carts from a Target store are lined up in Encinitas, California. Target Corp warned yesterday its annual profit was likely to be...
CAIRO: Egypt’s political crisis has dealt a blow to any hopes for a quick economic recovery, but aid from its Gulf allies is...
ANKARA: The Turkish currency came under pressure yesterday despite the central bank hiking a key short-term interest rate to staunch the outflow of...
NEW YORK CITY: Collateralised debt obligations, the complex financial instruments that cratered disastrously in the financial crisis, are back. The market for the...
DUBAI: Sembcorp Salalah Power and Water Co, in which a unit of Singapore’s Sembcorp Industries has a 60 percent stake, plans to raise...
DOHA: The Foreign Direct Investment (FDI) flows from Qatar to other countries declined by 8.5 percent to $1.8bn, last year. Meanwhile, the inward...
Research and Development Engineer Benjamin Adamson checks the arm of a robotic machine which is used to shape carbon fibre composite car panels...
Workers from Hyundai Motor’s labour union leave a production line to take part in a partial strike at the company’s main factory in...
