MANILA: The Philippine economy rebounded to post 6.4-percent growth in the second quarter and regain its status as one of the strongest in Asia, authorities said.
SAN FRANCISCO: Apple will unveil an “iWatch” in September with the maker of the iPhone finally embarking on its much-rumored foray into wearable computing, technology news website Re/code said.
JEDDAH: Saudi Arabia’s petrochemical stocks continued their advance on Thursday, fueled by hopes for strong product demand from key markets. The sector’s index added 0.7 percent.
JEDDAH: Saudi crude exports fell in June to their lowest levels in almost three years as oil use in the country’s power sector rose and local refineries processed high volumes, official data showed.
DUBAI: DP World, one of the world’s largest port operators, reported a 26 percent rise in net profit for the first half of the year as its container volumes and margins increased.
MOSCOW: Leading Russian airline Aeroflot dived into loss in the first half of the year, buffeted by the problems afflicting the Russian economy, the group said.
FRANKFURT/BERLIN: Lufthansa said talks with pilots over an early retirement scheme had ended without an agreement, leading to strike action on Friday that will affect thousands of travelers coming bac
KUALA LUMPUR: Malaysia Airlines reported another financial loss and warned of poor second-half earnings, as passenger bookings tumbled in response to the loss of two aircraft in separate disasters thi
DUBLIN: Irish budget airline Ryanair has launched a new business service targeting companies wanting to cut costs, it said.
SYDNEY: Qantas Airways Ltd.
© Copyright of Arab News 2013