NEW YORK: US and British regulators have fined six major global banks nearly $6 billion for rigging the foreign exchange market and Libor interest rates.
JEDDAH: Minister of Commerce and Industry Tawfiq Al-Rabiah opened the 4th Omani Products Exhibition (OPEX) in Jeddah on Monday night.
TOKYO: Japan’s economy grew more than expected in the first quarter, data showed as it crawls back from a brief recession, but observers cautioned that a full recovery may still be some way off.
LONDON: The British trader fighting extradition to the United States after being accused of helping trigger the 2010 Wall Street “flash crash” faces months in custody after London’s High Court refused
LONDON: Britain’s top bosses should defend membership of the European Union by telling voters it is the best guarantee of prosperity, according to the head of the country’s largest business lobby grou
DETROIT: Takata Corp. said it plans to boost production of parts needed to replace potentially deadly air bag inflators that could spray vehicle occupants with metal shards.
JEDDAH: Saudi Arabia’s stock benchmark was nearly flat on Tuesday as petrochemicals heavyweight Saudi Basic Industries fell 1.1 percent.
RIYADH: As part of a comprehensive plan to expand its infrastructure, Saudi Arabia has decided to invest SR525 billion in the transport sector alone within the next 10 years, said Abdullatif Al-Othman
JEDDAH: A workshop was held to discuss the public-private partnership in the Kingdom’s development, in Jeddah on Tuesday.
JEDDAH: Listed health care companies in Saudi Arabia will continue to report good growth in the coming years, according to Al-Rajhi Capital Research.
© Copyright of Arab News 2015