DETROIT: Automakers and safety regulators could take months to nail down why air bag inflators made by Takata Corp.
KUALA LUMPUR: AirAsia’s rapid network expansion and huge plane orders aimed at meeting what CEO Tony Fernandes once described as “amazing” demand are in the spotlight after the carrier fell into the r
RIYADH: Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), received at his office in Riyadh, Rashid Ssemuddu, Ugandan Ambassador to Saudi Arabia.
WASHINGTON: Germany’s Deutsche Bank AG has agreed to pay $55 million to settle civil charges of filing incorrect reports during the financial crisis that downplayed risks of huge losses.
LONDON: After securing approval of the Irish government for its takeover offer for Aer Lingus, British Airways-owner IAG must now seek the backing of the Irish airline’s other major shareholder, Ryana
SEOUL: South Korea’s Hyundai Motor said it has become the first carmaker to offer Google’s Android Auto system in its Sonata model sold in the US market.
DOHA: Qatar's stock market fell sharply on Wednesday after Swiss authorities opened criminal proceedings against individuals on suspicion of mismanagement and money laundering related to the award of
JEDDAH: The board of Saudi Arabia’s Almarai has approved a capital investment plan which will reach SR21 billion ($5.6 billion) in the next five years, it said.
WASHINGTON: A slowdown in smartphone sales in China is cooling the global market for the devices, research firm IDC said.
NEW YORK: Oil prices fell 2 percent on Tuesday as the dollar’s sharp rally weighed on dollar-denominated crude oil futures along with concerns that a recent rally might keep US producers active.
© Copyright of Arab News 2015