LONDON: Global equity markets went on another rollercoaster ride Wednesday as China's interest rate cut showed no sign of ending a crisis fueled by fears over stalling growth in the world's number-two
LONDON: British house prices will rise more slowly next year than in 2015, according to a Reuters poll of analysts that also found interest rates would have to reach 3 percent before seriously affecti
RIYADH: Kingdom Holding Company (KHC) and its Chairman Prince Alwaleed bin Talal are among largest investors in Citigroup that has been given the Bank of the Year 2015 award.
KUWAIT: Kuwait Financial Centre (Markaz) stated that during H1, 2015, the GCC corporates posted a negative 7.2 percent growth over H1 2014. Earnings in H1, 2015 totaled $ 34 billion.
COPENHAGEN: Maersk Oil said on Wednesday it would seek regulatory permission to shut its Janice installation, which produces around 7,000 barrels per day (bpd) from three UK North Sea oil fields, as t
NEW YORK: Oil field services company Schlumberger Ltd.
SINGAPORE: Faced with falling exports and deflation risks, it suited much of Asia to let their currencies drift lower, until China's abrupt devaluation triggered a tide of volatility that is upsetting
MUMBAI: State-owned Life Insurance Corporation of India bought 86 percent of shares on offer in state-run Indian Oil Corp.
BEIJING: Two of China's major oil companies said on Wednesday that their profits slumped in the first half of 2015, as a sharp decline in international crude prices hit upstream earnings.
JEDDAH: The Saudi riyal will remain pegged to the US dollar as it has served the economy well, said the Saudi Arabian Monetary Agency (SAMA) on Tuesday.
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