DUBAI: Bahrain's top government advisory body has passed a state budget for 2015 and 2016 after a six-month delay during which parliament forced changes to the plan, underlining the heavy financial p
TOKYO: To illustrate his vision for a turnaround at recall-slammed Honda, Takahiro Hachigo, the new chief executive, showed video footage set to a light-hearted 50s-style rock music of happy people wi
SHANGHAI: The number of Chinese-listed companies seeking to halt trading in their shares has surged since the country’s bourses began a precipitous plunge in the middle of last month, prompting concer
LONDON: British engineer Rolls-Royce cut profit expectations for the third time in nine months, increasing the challenge for its new chief executive.
JEDDAH: Garmco, the Bahrain-based international aluminum rolling mill and one of the largest downstream aluminum facilities in the Middle East, has announced the signing of a letter of intent with Fiv
ABU DHABI: Aluminium Bahrain said its second-quarter output rose 3.1 percent despite challenging market conditions.
WASHINGTON: The White House has urged Greece and EU leaders to find a compromise to keep the cash-strapped country in the euro zone, after Greeks voted resoundingly to reject an austerity-based bailou
JEDDAH: Gulf markets were weak after Brent crude oil dropped below $60 a barrel to its lowest level since mid-April and Greece's "No" vote in its bailout referendum destabilised global markets.
LONDON: Oil prices plunged Monday as investors digested the implications of Greece rejecting tough austerity demands from creditors that could send the debt-strapped nation crashing out of the eurozon
CAIRO: Egyptian central bank Gov. Hisham Ramez has sought to calm local market nerves following a surprise 2.5 percent weakening of the Egyptian pound against the US dollar over recent days.
© Copyright of Arab News 2015