DUBLIN/LONDON: Regulatory uncertainty is putting large banks off buying the assets of smaller rivals, complicating the sector’s restructuring and giving hedge funds and...
DUBLIN/LONDON: Regulatory uncertainty is putting large banks off buying the assets of smaller rivals, complicating the sector’s restructuring and giving hedge funds and...
MILAN: US conglomerate General Electric Co has agreed to buy the aviation business of Italy’s Avio for $4.3bn, in a sign of confidence...
YANGON: Myanmar and Japan agreed to start work next year on a huge industrial zone near Yangon, officials from the two countries said...
ZURICH: Private investors in Switzerland, Austria and Germany are lining up to buy gold bars the size of a credit card that can...
LONDON: Iraq is sharpening a push to sell its swelling crude output and sit at oil’s top table with Saudi Arabia, sweetening terms...
NEW YORK/SINGAPORE: Iraq made its first major move in years to boost its gold reserves in recent months, joining central banks from emerging...
ATHENS: Greek dietician Reggina knew she had little choice when her boss told her she could keep her job at a health centre...
Traders at the New York Stock Exchange in New York yesterday. IntercontinentalExchange has agreed a $8.2bn deal to buy New York Stock Exchange...
DOHA: Snapping a six -week bearish run, Qatar Exchange gained 111.37 points last week amid interests from foreign institutional buyers. The bourse gained...
LONDON: Slow economic growth and ample supplies are expected to keep a lid on oil next year with crude prices gradually slipping lower....
DUBAI: HSBC Holdings has ceased to be a bookrunner on Asiacell’s planned share sale, raising new questions about the Iraqi telecom operator’s ability...
SYDNEY: Australia’s competition watchdog yesterday gave its preliminary approval to a global alliance between struggling carrier Qantas and Dubai-based Emirates, but only for...
People hold placards reading “We want our money back” during a demonstration against Bankia bank and former IMF chief Rodrigo Rato in front...
DUBAI/GENEVA: Iran is becoming increasingly creative in dodging Western sanctions, managing to sell a rising volume of fuel oil to generate revenue equal...
WASHINGTON: The US economy grew faster than previously estimated in the third quarter as exports and government spending provided a lift, but that...
LONDON: Europe’s main stock markets treaded water yesterday, with investors nervous that US leaders have still not agreed a deal to avert the...
DUBAI: BNP Paribas SA, France’s largest bank, agreed to sell its Egyptian arm to Dubai lender Emirates NBD for $500m as French lenders...
The Minister of Energy and Industry, Chairman and Managing Director of Qatar Petroleum, H E Dr Mohammed bin Saleh Al Sada, received a...
