LONDON: Oil hit four-month lows on Monday after a steep drop in Chinese stock markets spread concerns about the economic health of the world’s biggest energy consumer and more evidence emerged of a gl
ABU DHABI: Jones Lang LaSall (JLL), the world's leading real estate investment and advisory firm, Monday released its second quarter (Q2, 2015) Abu Dhabi Real Estate Overview report that assesses the
LONDON: Hedge funds are more bearish about the outlook for US oil prices than at any time for almost five years, according to data from the US Commodity Futures Tra-ding Commission.
After a tough week for sterling there was a largely positive end to the week which saw sterling make marginal gains against the euro whilst holding ground against a resurgent US dollar.
DUBAI: Dubai developer Nakheel reported a 53 percent rise in half-year net profit as it handed over finished properties and expanded its other business units.
GENEVA: Switzerland’s largest bank UBS has posted a 53 percent rise in second quarter profits, in its first results since agreeing to plead guilty to fraud as part of the Libor manipulation case.
MILAN: Automaker Fiat Chrysler will pay a record $90 million for lapses in recalls of its vehicles under a deal reached with US regulators, the company said.
NEW YORK: Delta Air Lines will buy a stake in China Eastern Airlines as the two carriers strengthen their partnership serving the United States and China, the companies announced.
LONDON: Irish no-frills airline Ryanair said that net profits jumped by almost a quarter in the first three months of its financial year, helped by keen demand and cost-cutting.
JEDDAH: Saudi International Petrochemical Co.
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