Qatar to pursue compensation for damages from Arab blockade

Doha: Qatar’s government said Sunday it is forming a committee to pursue compensation for damages stemming from its isolation by four Arab countries. Saudi Arabia,...

As anti-G20 protests begin, Merkel says growth must be inclusive

HAMBURG: As anti-globalisation activists took to the streets in Hamburg ahead of this week's G20 summit, German Chancellor Angela Merkel said on Sunday leaders...

EU slaps Google with record fine of $2.72b

Brussels: European regulators fined Google a record 2.42 billion euros ($2.72 billion) for abusing its dominance of the online search market in a case...

Phillips to acquire Spectranetics for $2.2b

The Hague: Dutch electronics and health care technology company Philips says it has an agreement to buy The Spectranetics Corporation in a deal worth...

Asian stocks slump while Euro rallies

Tokyo: Asian shares slumped on Wednesday after Wall Street was knocked hard in the wake of a delay to a U.S. healthcare reform vote,...

Major cyberattack cripples banks and corporations globally

Paris: A new and highly virulent outbreak of data-scrambling software — apparently sown in Ukraine — caused disruption across the world Tuesday. Following a similar...

Qatar says it can survive economic and diplomatic blockade

Washington: Faced with a sweeping set of demands, Qatar insisted Friday it can indefinitely survive the economic and diplomatic steps its neighbors have taken...

Investors pressure forces Uber CEO Kalanick to resign

Uber CEO and co-founder Travis Kalanick resigned Tuesday under pressure from investors. "I love Uber more than anything in the world and at this difficult...

Gulf crisis puts $2b deals into jeopardy: Qatar

DOHA: The political crisis in the Gulf is putting at risk business deals worth $2 billion in Arab countries that have cut ties with...

Gulf neighbors blockade will “leave a lasting wound” says: CEO Qatar airways

Paris: The CEO of Qatar Airways said Monday that the blockade imposed on his country by Gulf neighbors “will leave a lasting wound” and...

Amazon acquires Whole Foods in $13.7b deal

New York: Online retail giant Amazon is making a bold expansion into physical stores with a $13.7 billion deal to buy Whole Foods, setting...

Facebook to deploy AI capabilities in combating terrorism on its network

San Francisco: Facebook has started deploying its artificial intelligence capabilities to help combat terrorists' use of its service. Company officials said in a blog post Thursday that...

Qatar’s migrant workers on Gulf crisis frontline

Doha: Ajit, an Indian electrician, is just seven months into his new job but right now he is a worried man, like many other...

Energy market seen as vulnerable to prolonged Gulf crisis

Kuwait City: While the Gulf's bitter diplomatic crisis is unlikely to affect energy prices in the short term, a prolonged rift that disrupts Qatar's...

Global stocks pressured by report on Trump probe, Fed hike, soft U.S. data

Tokyo: U.S. stock futures and Asian shares slid on Thursday, hit by soft U.S. economic data, a relatively hawkish Fed and a media report...

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How Political Power Attracts Undue Money

The final report of the Joint Investigation Team (JIT) into Prime Minister Nawaz Sharif and his family’s foreign assets (the “Panama Case”) is the...