Abu Dhabi sells first 30-year bond
DUBAI: Abu Dhabi sold its first ever 30-year sovereign bond on Tuesday as part of a $ 10 billion triple-tranche debt issue...
Indian tycoon Mallya arrested again by British police
LONDON: British police rearrested Indian tycoon Vijay Mallya on Tuesday amid an ongoing extradition request from India, where he is accused of...
Tycoon takes investors heli-skiing to show them Pakistan is safe
In the northern snow-capped peaks of Pakistan, Zia Chishti disembarked off a helicopter and skied downhill on a mission to convince investors,...
AIIB to invest $150mn in IFC’s Emerging Asia Fund
BEIJING: The Asian Infrastructure Investment Bank (AIIB) has announced it will invest $ 150 million in the International Finance Corporation (IFC)’s Emerging...
Asians stock markets slip after record highs on Wall Street
Tokyo: Asian shares wavered on Tuesday, bolstered by record highs on Wall Street but hobbled by uncertainty as traders waited on a...
Samsung set to announce entry into autonomous driving sector
Frankfurt: South Korea’s Samsung Electronics Co Ltd plans to become a major player in autonomous driving, building on its recent $8 billion...
Greece heading for bond market test ‘within days’
Bolstered by its third bailout programme and positive reports from the European Union, Greece is planning an imminent test of the bond...
Iran, Vietnam keen to boost agricultural cooperation
TEHRAN: Iran and Vietnam have discussed boost of cooperation, particularly in the agriculture sector, Financial Tribune reported on Sunday.
The issue was raised...
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...
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...
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...
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...
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...
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....
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...