Markets South Africa's rand muted, focus on Wednesday budget speech JOHANNESBURG: South Africa's rand traded cautiously against the dollar ahead of the budget speech on Wednesday in wh Published 25 Feb, 2015 08:09am
Business & Finance Philippine central bank sees February CPI between 2.2pc to 3pc MANILA: The Philippine central bank said it expects inflation of between 2.2 and 3.0 percent in February, reflecting hig Published 25 Feb, 2015 08:09am
Business & Finance Henderson 2014 underlying pre-tax profit rises 13pc LONDON: Asset manager Henderson said on Wednesday that underlying profit rose 13 percent last year, beating analysts' Published 25 Feb, 2015 08:08am
Business & Finance Turkish Airlines says plans $3.74bn investment in 2015 ISTANBUL: Turkey's flag carrier Turkish Airlines said on Wednesday it plans about $3.74 billion worth of investment Published 25 Feb, 2015 08:07am
Business & Finance Hays hikes dividend after strong net fee growth in Britain LONDON: British recruiting firm Hays raised its dividend after it posted a 10 percent rise in underlying net fees on str Published 25 Feb, 2015 08:05am
Business & Finance Maersk posts 2014 result in line, to sell Danske Bank stake COPENHAGEN: Danish shipping and oil group A.P. Moller-Maersk booked $2.2 billion in impairment losses at its oil unit on Published 25 Feb, 2015 08:04am
Business & Finance Man Group pretax profit jumps 62pc to $481mn LONDON: Man Group Plc reported a 62 percent jump in adjusted pretax profit to $481 million for 2014 as it benefited from Published 25 Feb, 2015 08:02am
Business & Finance Telefonica says sees 2015 revenue up more than 7pc MADRID: Spain's Telefonica said it expected revenue to rise by more than 7 percent this year as it reported annual r Published 25 Feb, 2015 07:59am
Business & Finance India to embark on rail investment splurge thanks to cheap oil NEW DELHI: India's decrepit state-run train services stand to receive at least a 25 percent boost in investment to o Published 25 Feb, 2015 07:58am
Markets Norway's Det norske to cut costs, explore new financing OSLO: Norwegian oil producer Det norske launched deep cost cuts, took an impairment charge, and said it was exploring ne Published 25 Feb, 2015 07:57am
Markets RUBBER-TOCOM ends up on firm China factory data TOKYO: Benchmark Tokyo rubber futures ended up 0.5 percent on Wednesday, snapping a two-day decline, buoyed by better-th Published 25 Feb, 2015 07:56am
Business & Finance Ukraine steps up hard currency controls to support currencyc KIEV: Ukraine's central bank stepped up controls on banks' access to foreign currency on Wednesday to try to ste Published 25 Feb, 2015 07:55am
Top News Oil market is stabilising, $60 is OK for now: Gulf OPEC delegate RIYADH: Oil prices have started to stabilise around current levels of $60 a barrel and demand is showing signs of improv Published 25 Feb, 2015 07:53am
Business & Finance SHV receives approval from Ukraine for Nutreco takeover AMSTERDAM: SHV Holdings on Wednesday said it has received approval from Ukrainian regulators for its 3.18 billion euro ( Published 25 Feb, 2015 07:52am
World Thailand plans to borrow $1.2bn overseas for road projects BANGKOK: The Thai government plans to borrow 40 billion baht ($1.23 billion) overseas to fund road construction, a deput Published 25 Feb, 2015 07:51am
Markets Odfjell Drilling suspends dividend, buyback after oil price crash OSLO: Norway's Odfjell Drilling suspended its dividend and share buyback programme on Wednesday and said it expected Published 25 Feb, 2015 07:44am
Markets Insurer Brit posts rising pre-tax profits, special dividend LONDON: Final dividend declared of 12.5 pence per share plus a special dividend of 12.5 pence per share, bringing total Published 25 Feb, 2015 07:33am
Markets Gulf markets inch up after US Federal report DUBAI: Most Gulf stock markets were neutral to positive in early trade on Wednesday after the US Federal Reserve indicat Published 25 Feb, 2015 07:20am
Top News Airbus mulls A320 output hike to 50/month from 2017 PARIS: European plane-maker Airbus is talking to suppliers about the possibility of raising production of its popular A3 Published 24 Feb, 2015 01:24pm
Markets Gold dips below $1,200 on relief over Greece LONDON: Gold slid below $1,200 an ounce on Tuesday as relief that Greece had submitted reform plans to its international Published 24 Feb, 2015 01:17pm