NEW YORK: Top Goldman Sachs Group Inc. executives are determined to keep compensation costs under control. And that means even when the bank’s revenue spikes higher, bankers’ bonuses won’t.
WASHINGTON: A day before US President Barack Obama addressed the UN to declare the nation is “stepping up to the plate” to tackle climate change, nearly 400,000 protesters jammed New York City streets
GENEVA: The Seychelles sealed its entry to the World Trade Organization, the Geneva-based body whose 160 members set the rules of global commerce said.
Today, Saudi Arabia’s young adults are facing major challenges that stifle their ability to live happier, more fulfilled personal and professional lives, according to a new report by The Boston Consul
More than two-thirds of the National Commercial Bank’s (NCB) business is already Shariah-compliant, and it plans to become a completely Islamic bank “within a reasonable time.”
NEW YORK: Global crude oil continued to show modest gains on Friday, bouncing from near four-year lows as investors bought back into a market they said was oversold.
NEW YORK: Investment bank Morgan Stanley said its third-quarter income nearly doubled from a year earlier, helped by strength in its institutional securities and wealth management divisions.
PARIS: International Monetary Fund chief Christine Lagarde said the plunge in global stock exchanges this week was due to a market “over-reaction.”
Khalid Al-Falih, CEO of Saudi Aramco, has said that the Sadara project in Jubail is one of the largest and most complicated engineering projects in the world so far and is one of its kind.
WASHINGTON: US Federal Reserve chief Janet Yellen has warned that the gap between the rich and poor in the US is widening and has reached a near 100-year high,
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