CAIRO: Egypt expects to receive a $1 billion World Bank loan approved in December once outstanding paperwork is finalized and is negotiating to secure more aid from Saudi Arabia, International Coopera
ZURICH: Swiss banking giant Credit Suisse has posted a net loss of nearly $3.0 billion for 2015, hit by hefty litigation provisions and restructuring charges, sending its share price down more than 12
LONDON: The number of people employed in oil and gas extraction and support activities across the US has fallen by around 100,000 since October 2014.
TOKYO: Sharp has skyrocketed with the hard-hit Japanese electronics giant saying it was mulling rival bailout offers, including one from Foxconn parent company Hon Hai Precision, as it posted another
LONDON: Royal Dutch Shell has announced an 87-percent plunge in annual net profits on slumping oil prices.
AUCKLAND: The biggest trade deal in history was signed Thursday, yoking 12 Pacific rim countries in a US-led initiative aimed at wresting influence from booming China.
AUCKLAND: Twelve countries around signed the Trans-Pacific Partnership (TPP), on Thursday in New Zealand, a huge free trade pact.Here are five key points about the TPP:
LONDON: The Bank of England has cut growth forecasts and the lone advocate of a rate hike reversed his position, suggesting rates were on hold for an extended period even as its governor said the next
BRUSSELS: Euro zone economic growth will slightly accelerate this year and next, the European Commission estimated on Thursday, but the pace will be slower in 2016 than previously forecast because of
THE HAGUE: Top Dutch bank ING more than tripled its profit last year on the back of a recovering economy and an increase in lending, it said.
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