KUWAIT CITY: Stock markets in the Gulf states suffered early losses Thursday on fears over Saudi Arabia’s air strikes on Shiite rebels in Yemen but regained ground at the close.
NEW YORK: Oil prices rallied for a second straight day on Thursday after Saudi Arabia and its Gulf Arab allies began air strikes in Yemen.
LONDON: Gold hit a 3-1/2 week high on Thursday and silver rose nearly 3 percent as escalating tensions in the Middle East knocked stocks and the dollar and drove investors into assets viewed as lower
KUWAIT CITY: The oil price surge after Saudi jets bombed Yemeni rebels will be “short-lived” as the market is well-supplied and a full-blown conflict with Iran is unlikely, analysts said.
Addar Chemicals Company, a leading conglomerate in Saudi Arabia, has awarded a $35-million engineering, procurement and construction (EPC) contract to Indian group Nuberg Engineering for a chemical pl
SAN FRANCISCO: Facebook’s Messenger app is evolving into a multitasking tool equipped to send an animated fist bump to a friend at one moment and then get a little business done in the next.
TOYOTA: Toyota Motor Corp. is ready to ramp up its growth again, emerging from an intentional soul-searching lull brought on by its massive global recall scandal that began in 2009.
SAN FRANCISCO: Google has lured away Morgan Stanley’s chief financial officer, Ruth Porat, to be its CFO at a time when the Internet search leader and its Silicon Valley peers are under fire for hirin
AHMEDABAD: US auto giant Ford Motors said it was doubling its production capacity in India as it opened a new $1 billion plant in the business-friendly prime minister’s home state of Gujarat.
NEW YORK: New phones from Samsung and HTC will be available in US stores starting April 10.
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