SAN FRANCISCO, USA: Google-parent Alphabet snatched Apple’s crown late Monday as the world’s most valuable firm based on the value of shares that leapt with better-than-expected earnings.
LONDON: Oil fell 4 percent on Monday as weak economic data from China, the world's largest energy consumer, weighed on prices and an OPEC source played down talk of an emergency meeting to stem the de
BERLIN: Budget airline Ryanair is set to fly more passengers than Lufthansa for the first time this year, heaping pressure on the German carrier to make a success of Eurowings, its latest attempt to c
LONDON: Gold edged higher on Monday, extending its recent rally on worries about global economic growth and hopes for easier monetary policy after weak factory data in Asia and Europe.
DUBAI: Most Gulf stock markets lost steam on Monday as oil prices pulled back although strong fourth-quarter earnings at two major banks boosted Abu Dhabi, while Egypt resumed falling because of curre
BAGHDAD: Iraq's southern oil exports rose slightly in January to an average of 3.285 million barrels per day (bpd), from 3.215 million bpd the previous month, the Oil Ministry said on Monday.
LONDON/SYDNEY: January surveys of global factory activity released on Monday showed the new year began much as the old one ended — with too much capacity chasing too little demand.
LONDON: The US economy eked out anaemic growth in the final three months of 2015, and the struggling performance of the oil and gas sector was a major contributor to the slowdown.
WASHINGTON: Two major global banks, Barclays and Credit Suisse, are paying a combined $154.3 million to settle government investigations that they misled clients about being able to safely trade on th
ABU DHABI: Abu Dhabi Commercial Bank (ADCB) reported a 16 percent rise in fourth-quarter net profit on Sunday, aided by higher revenue and lower impairments.
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