HAMBURG/PARIS: Carmakers including General Motors and Jaguar Land Rover have stopped delivering to Russian dealerships in response to the sharp slide in the value of the ruble.
NEW DELHI: Indian Prime Minister Narendra Modi has taken direct control of a project-monitoring body to fast-track investments worth almost $300 billion and revive manufacturing in the country, two of
GENEVA: Switzerland’s central bank announced it was introducing negative interest rates to stop the franc getting any stronger, after the Russian ruble crisis sent investors pouring their investments
ADDIS ABABA: Ethiopia expects to complete the Chinese-backed construction of a $475 million metro rail system in the capital Addis Ababa next month, the head of the project said.
DUBAI: Bahrain could start importing gas from Russia in 2017, Russia’s ambassador to the kingdom told a local newspaper according to Bahraini state news agency BNA.
ALBANY, New York: Gov.
LONDON: Britain will sell more shares in Lloyds Banking Group over the next six months, moving the bailed-out bank another step toward a full return to private ownership and recouping more taxpayer ca
JEDDAH: Petroleum and Mineral Resources Minister Ali Al-Naimi sees the current slide of oil prices as temporary and he remains optimistic about the future of the industry, state news agency SPA quoted
KUWAIT CITY: Gulf stock markets rebounded strongly as world oil prices steadied after plumbing multi-year lows, calming investor jitters.
NEW DELHI: Beleaguered Indian airline SpiceJet has resumed flights following an agreement to pay cash for fuel purchases, hours after it grounded its fleet and stranded thousands of travellers.
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