LONDON: "If we consider the actual basis of this (intelligence), how unreliable and transient it is, we soon realize that war is a flimsy structure that can easily collapse and bury us in its ruins."<
LAGOS: Nigeria’s central bank has announced new measures to curb currency speculation as part of an effort to defend the naira which has been hit hard by the collapse in global oil prices.
SYDNEY: Steve Wozniak says he is no fan of smartwatches and believes Google Glass will fail as he cautioned not to expect the company he co-founded, Apple, to always lead the way into new technologies
NEW DELHI: India’s government introduced legislationbilled as the biggest tax reform since independence, with analysts hailing it as a “game changer” that would cut the cost of doing business and boos
TOKYO: The Bank of Japan struck a more upbeat view of the world’s number three economy, saying exports were showing signs of picking up while factory output has started to “bottom out.”
MADRID: Spanish builder Acciona said a consortium it is part of has signed a contract worth 1.4 billion euros ($1.7 billion) to build and operate a light-rail line through Sydney.
PARIS: Shareholders approved Friday the 12.4-billion-euro ($15.2-billion) sale of Alstom’s energy assets to US group General Electric by which the French company will refocus on high speed trains.
The minister of petroleum and mineral resources said Thursday that the global oil price slump was temporary, adding that it was impossible for OPEC to cut output alone to reverse the plunge without th
JEDDAH: Stock markets in Saudi Arabia and the UAE soared on Thursday after the price of oil rebounded and the Riyadh government eased investors’ fears by saying it would continue spending heavily on e
Saudi Railways Organization (SRO) President Mohammed Al-Suwaiket has lauded the efforts of Saudi Commission for Tourism and Antiquities (SCTA) in developing the tourism sector and preserving national
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