Yahoo CEO Marissa Mayer smiles during a panel session of the 45th Annual Meeting of the World Economic Forum, WEF, in Davos, Switzerland. (AP)
MADRID: Spain's unemployment rate fell for the second straight year in 2014, official data showed Thursday, but at 23.7 percent the country's labor market still faces a long road to recovery.
The Council of Saudi Chambers (CSC) will send a delegation comprising of members from the Saudi-Canadian Business Council (SCBC) to Canada from March 2-6, in order to bolster trade cooperation between
DUBAI: Dubai government-owned property developer Limitless has secured the agreement of 85 percent of its creditors for a three-month extension to a debt repayment due at the end of 2014 and for a pro
NEW YORK: After Switzerland shocked markets by scrapping its currency cap, investors are beginning to ask whether a policy surprise may be lurking for the dollar, too.
DUBAI: Cheap oil will slow growth in most Gulf Arab economies this year but heavy spending by governments and healthy private sector activity will prevent any serious slump, a Reuters poll showed on T
DUBAI: Saudi Arabia's National Industrialisation Co.
TORONTO: A surprise move by the Bank of Canada to cut interest rates on Wednesday could reignite Canada's housing market and renew fears of a bubble, just as the market had finally begun to cool after
LONDON: If capital and workers could move instantly and without friction between industries, the plunge in oil prices would be unambiguously positive for the US economy in the short term as well as t
SEOUL: Hyundai Motor on Thursday posted a steep drop of more than 20 percent in fourth quarter profits as a strong won continued to blunt its price competitiveness against Japanese rivals.
WASHINGTON: Losses from lower oil exports should sap up to $300 billion from economies in the Middle East and Central Asia this year, as countries in the region adjust to falling crude prices, the Int
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