Shares dip in Asia following decline on Wall Street

Tokyo: Shares slipped in Asia on Friday, tracking an overnight decline on Wall Street. Strong Chinese manufacturing data failed to lift benchmarks...

Sycamore to acquire office supply chain Staples for $6.9b

New York: Private equity firm Sycamore Partners is buying office supplies chain Staples for $6.9 billion. The companies said Wednesday that shareholders of...

Qatar’s tourism sector reeling under boycott pressure

Doha: A boycott imposed by four Arab nations that accuse Qatar of supporting terrorism is squeezing the tourism sector and Doha’s hotels,...

Governments and companies assess impact of global cyber-attack

Paris: Companies and governments around the world on Wednesday counted the cost of a software epidemic that has disrupted ports, hospitals and...

Toshiba delays sale of its memory chip business

Tokyo: Japanese electronics and energy giant Toshiba has delayed its deadline for reaching an agreement on selling its lucrative computer memory chip...