NEW YORK: MasterCard, the second-biggest US payments network, is poised to further outperform bigger rival Visa amid a 3 percent gain by the...
NEW YORK: MasterCard, the second-biggest US payments network, is poised to further outperform bigger rival Visa amid a 3 percent gain by the...
An employee shows gold bangles to a customer at a jewellery showroom in Mumbai. MUMBAI/NEW DELHI: A scarcity of gold and high prices...
NEW YORK: Twitter will be the talk of Wall Street next week when the social media company goes public in the stock market’s...
NEW YORK: Warren Buffett’s Berkshire Hathaway Inc posted a 29 percent jump in third-quarter profit as it recorded big gains on investments made...
BRUSSELS: Inspectors from Greece’s lenders have put a postponed visit to the country back on the agenda and will return early next week...
Qatargas CEO Khalid bin Khalifa Al Thani addressing the SIEW. DOHA: Asian economies are demanding not only more energy but also cleaner and...
A general view of Vattenfall’s combined heat and power station Berlin-Wilmersdorf in Berlin yesterday. Berliners vote this week on returning the electricity grid...
LONDON/CAIRO: Egypt has gone from fuel famine to glut thanks to gifts from Gulf states since the army removed the Islamist president in...
LONDON: Brent crude oil dropped by more than $2 to below $107 a barrel yesterday as a strong dollar outweighed previous concerns over...
BEIJING: Chinese manufacturing grew at its strongest pace in 18 months in October, figures showed yesterday, but government and independent analysts warned underlying...
TOKYO: Nissan yesterday launched a sweeping management overhaul to “rejuvenate” its top ranks while slashing its full-year profit forecast, as the Japanese automaker...
ANKARA: Turkey will not import energy from Iraq without the approval of the federal government in Baghdad, aware of its concerns after the...
BUCHAREST: Romania raised $534m (¤395m) from the privatisation via a stock offering of a 15-percent stake in Romgaz, the largest producer of natural...
CHICAGO: The US auto industry extended its steady gains in October despite economic uncertainty caused by a government shutdown. General Motors, Ford and...
MUMBAI: Indian shares jumped to their highest-ever trading level yesterday, beating the previous record set in 2008, fuelled by strong foreign fund inflows...
JAKARTA: Indonesia’s trade balance unexpectedly swung back to a deficit in September, official data showed yesterday, in a setback for Southeast Asia’s beleaguered...
SHANGHAI: Troubled Suntech Power, a Chinese maker of solar products, said it would fight being forced into bankruptcy in the US and was...
Drivers wait alongside their vehicles in long queues at a gas station during a fuel shortage in the country, in Alexandria June 24,...
