WOLFSBURG, Germany: Volkswagen has elected Chief Financial Officer Hans Dieter Poetsch to chair its board of directors, a move that came as the German automaker struggles to contain a scandal over emi
LONDON: Currencies, stocks and bonds appear to be at a turning point, according to the latest Reuters polls from around the world, with the size and nature of forecast changes suggesting worries are b
JAKARTA: Indonesia has unveiled its third batch of stimulus measures in the space of a month, including a cut to energy prices, as Southeast Asia’s biggest economy battles a slowdown.
ULSAN, South Korea: SABIC and South Korean petrochemical company SK Global Chemical inaugurated a new industrial plant to manufacture a range of high-performance polyethylene products using the cuttin
JEDDAH: Banque Saudi Fransi (BSF) has posted a net profit of SR3.086 billion for the first 9 months of 2015, an increase of 15.75 percent.
HONG KONG: Saudi Aramco is in talks to acquire a stake in a China National Petroleum Corp.
JEDDAH: Mobily has established the first Toastmasters club verified by the Toastmasters International Organization in the US.
JEDDAH: Stronger challenges facing Saudi Arabian banks are likely to be reflected in third-quarter results as earnings are hit by weak stocks, more delayed payments in the building industry and slacke
Prince Alwaleed bin Talal and his Kingdom Holding Company (KHC) have increased their ownership in Twitter Inc., in the past six weeks to a total of 34,948,975 shares, representing more than 5 percent
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