World Italy's economy showing first signs of recovery ROME: Italy's economy is showing signs of recovery for the first time this year, national statistics bureau ISTAT said o Published 05 Aug, 2019 11:00am
World UK July car sales fall to lowest since 2012 LONDON: Britain bought the fewest new cars since 2012 last month, an auto industry body said, blaming political and econ Published 05 Aug, 2019 10:58am
Markets UK shares plunge as trade worries fuel selloff Britain's stock market indexes shed 1.5%, joining a selloff in global markets on Monday, as U.S.-China trade tensions se Published 05 Aug, 2019 10:57am
Markets Sterling hits 23-month low vs euro as no-deal Brexit worries grow LONDON: Sterling plunged to a 23-month low against the euro and near a 31-month low versus the dollar on Monday as fears Published 05 Aug, 2019 10:37am
World Turkey says all parties should cooperate in eastern Mediterranean ANKARA: Turkey's Foreign Minister Mevlut Cavusoglu called on all parties in the eastern Mediterranean to cooperate with Published 05 Aug, 2019 10:35am
Markets Copper drops to 2-year low as U.S.-China trade war escalates LONDON: Copper prices fell to their lowest in more than two years on Monday due to the escalating trade dispute between Published 05 Aug, 2019 10:31am
World China plans to drop all duties at Shanghai Free Trade Zone- sources SINGAPORE: China is planning a pilot project to drop all duties and ease procedures at its Shanghai Free Trade Zone, thr Published 05 Aug, 2019 10:30am
Markets Euro zone factory sickness infecting services growth -PMI LONDON: Euro zone business growth hit a wall in July as demand crumbled, according to a survey which showed a deepening Published 05 Aug, 2019 10:29am
Markets Prices fall as some UK gas fields start to ramp up LONDON: British wholesale natural gas prices fell on Monday as some domestic fields started to ramp up after maintenance Published 05 Aug, 2019 10:27am
Markets Global trade row escalation sends Gulf stocks tumbling Gulf stock markets dropped on Monday, mostly weighed down by banking shares, as a fresh escalation in the U.S.-China tra Published 05 Aug, 2019 10:25am
Markets Shanghai Gold Exchange raises margin as gold prices hit 6-yr high BEIJING:* The Shanghai Gold Exchange said it will raise the margin requirement on its AU(T+N2) gold contract to 9% from Published 05 Aug, 2019 10:24am
World Thai industry minister urges central bank to intervene to curb baht BANGKOK: Thailand's new industry minister on Monday urged the central bank to intervene more in foreign exchange markets Published 05 Aug, 2019 10:23am
Markets Euro zone investor morale hits lowest since Oct 2014, Sentix says BERLIN: Investor morale in the euro zone deteriorated in August to its lowest since October 2014, a Sentix survey showed Published 05 Aug, 2019 10:21am
Markets Saudi non-oil private sector growth slips to five-month low in July -PMI DUBAI: Growth in Saudi Arabia's non-oil private sector lost momentum and slipped to a five-month low in July partly beca Updated 05 Aug, 2019 10:19am
Markets Pound plunge prompts bargain hunters to look beyond Brexit fog LONDON: For those with the stomach to digest more months of Brexit-induced political wrangling, sterling's plunge to two Published 05 Aug, 2019 09:52am
World Walmart massacre in Texas investigated by authorities as domestic terrorism EL PASO, Texas: U.S. authorities investigating what drove a young man from the Dallas area to kill 20 people at a Walmar Published 05 Aug, 2019 09:19am
Markets Indian shares plumb fresh five-month lows in global selloff BENGALURU: Indian shares sank to a fresh five-month low, led by losses in metals and public sector bank stocks, followin Published 05 Aug, 2019 09:00am
Business & Finance JGB yields slide as yuan slumps; 10-year yield hits lower end of BOJ target TOKYO: Japanese government bond yields slid on Monday as a sharp fall in the Chinese yuan heightened worries about the f Published 05 Aug, 2019 08:59am
Markets Ukraine winter season gas reserves rise to 16.1 bcm KIEV: Ukraine, which wants to stockpile at least 20 billion cubic metres (bcm) of gas for the 2019/20 heating season, ha Published 05 Aug, 2019 08:57am
Markets Oil prices drop as U.S.-China trade war fuels growth concerns SINGAPORE/TOKYO: Oil prices fell on Monday amid renewed global economic growth concerns after U.S. President Donald Trum Published 05 Aug, 2019 08:54am