JEDDAH: Despite a strong performance by banks, Saudi Arabia’s first-quarter corporate earnings were generally weaker than expected, a sign that foreign investors should be cautious as the stock market
NEW YORK: Oil prices diverged, with Brent hitting 4-1/2 month highs on continued fighting in Yemen while US crude fell on concerns of another upcoming stock build, though both benchmarks headed toward
Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), visited Bahrain on Wednesday.
Gulf Petrochemicals and Chemicals Association (GPCA), in collaboration with the Royal Commission for Jubail (RCJ), organized a workshop on the sustainability and quality assessment system (SQAS) in Ju
PARIS: Europe’s Airbus has pledged to boost sales of its A380 superjumbo, as the world’s largest passenger jet prepares to celebrate a bitter-sweet 10-year anniversary in the skies having booked no ne
PARIS: Renault shares powered to a seven-year high as forecast-beating quarterly sales overshadowed signs of growing tensions with the French government over its influence on the carmaker.
BEIJING: The vast majority of cars in the world’s biggest auto market are purchased new, but a second-hand trade is beginning to emerge in China despite traditional buyer reluctance — and foreign manu
WASHINGTON: The Briton blamed for contributing to the May 2010 Wall Street flash crash maintained frenetic relationships with a series of brokers, banks and software firms that appear to mirror his ra
LONDON: Britain has reduced its stake in Lloyds Banking Group by a further 1 percent to below 21 percent, a further step toward returning the bank to full private ownership.
BENGALURU: Emerging Asian central banks are expected to cut interest rates again in the coming months, but economists polled by Reuters are doubtful the moves will significantly boost growth or inflat
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