Markets Stocks stage tentative rebound after ECB disappointment LONDON: European stocks staged a tentative recovery on Friday as a rally in media stocks and solid earnings at several U Published 26 Jul, 2019 02:29pm
Business & Finance SoftBank Group's $108bn Vision Fund 2 draws in Microsoft, Apple TOKYO: SoftBank Group Corp has secured pledges from Microsoft Corp and other investors of around $108 billion for a seco Published 26 Jul, 2019 01:34pm
Markets Decline as ECB holds off easing rates; Indonesia leads fall Southeast Asian stock markets ended lower on Friday, with Indonesia falling the most, as risky assets lost their sheen a Published 26 Jul, 2019 01:34pm
Markets Russia's Rusal says aluminium sales up 21pc q/q MOSCOW: United Company Rusal on Friday reported a 21% rise in second quarter aluminium sales compared to the previous qu Published 26 Jul, 2019 01:33pm
Business & Finance Russian central bank cuts rate to 7.25pc, says more cuts on way MOSCOW: The Russian central bank cut its key interest rate to 7.25% on Friday, as expected, and said more cut Published 26 Jul, 2019 01:32pm
Business & Finance Roche's Tecentriq recommended for EU approval to treat lung cancer form ZURICH: The European Medicine Agency's Committee for Medicinal Products for Human Use has recommended EU approval of Roc Published 26 Jul, 2019 01:32pm
Markets Palm rises to 7-week top on stronger overnight soyoil KUALA LUMPUR: Malaysian palm oil futures rose to their strongest in level in seven weeks in the second half of trade on Published 26 Jul, 2019 01:31pm
Markets Oil on track for weekly gain as Iran tensions support LONDON: Oil prices rose on Friday and were on track for a weekly increase as geopolitical tensions over Iran remaine Published 26 Jul, 2019 01:31pm
World No-deal Brexit threatens UK car production, industry warns PM Johnson LONDON: A no-deal Brexit is an existential threat to the British car industry and would risk output, a British car indus Published 26 Jul, 2019 01:18pm
World Mexico monthly economic activity stokes recession fears MEXICO CITY: Mexico's economy was flat in May from April and contracted 0.4 percent from May of 2018, the national stati Published 26 Jul, 2019 01:18pm
Markets Lead gains for third week as supply outages erode stocks LONDON: Lead prices were set for a third weekly gain as production outages tightened supply of the metal used in bat Published 26 Jul, 2019 01:17pm
Business & Finance Karachi Cotton Association Prices KARACHI: The Karachi Cotton Association on Friday fixed the official spot rate, or base price, for Grade 3 cotton at 9, Published 26 Jul, 2019 01:17pm
Markets Indonesia says EU anti-subsidy duty part of plan to block palm oil JAKARTA: The European Union's proposal to impose anti-subsidy duties on Indonesian biodiesel is part of a "grand design" Published 26 Jul, 2019 01:16pm
Business & Finance India's forex reserves rise to $430.38bn as on July 19 - cenbank BENGALURU: India's foreign exchange reserves rose to $430.38 billion, as on July 19, compared to $428.80 billion a week Published 26 Jul, 2019 12:53pm
Business & Finance Indian govt's outstanding loans from RBI at 657.29bn rupees in July 19 week BENGALURU: The Indian government had 657.29 billion rupees ($9.54 billion)outstanding loans with the central bank under Published 26 Jul, 2019 12:53pm
Business & Finance Huawei's ties with partners FedEx, Flex fray on US-China tensions HONG KONG: US FedEx Corp on Friday again apologised and blamed Washington's ban on Huawei for being "unclear" as Beijing Published 26 Jul, 2019 12:52pm
Markets Grains group Soufflet sees French wheat crop at 38-39mn tonnes PARIS: France should harvest between 38 and 39 million tonnes of soft wheat this summer with quality levels meeting expo Published 26 Jul, 2019 12:51pm
Markets Gold consolidates ahead of US data with focus on Fed Gold firmed on Friday, having shed 1% in the previous session on robust US jobs data, with investors awaiting further ec Published 26 Jul, 2019 12:51pm
Business & Finance Glencore starts copper concentrates blending facility in Taiwan Glencore has started a new copper concentrates blending facility in Taiwan to mix clean material with ores containing hi Published 26 Jul, 2019 12:50pm
World Europe's record heatwave threatens Greenland ice sheet GENEVA: The hot air that smashed European weather records this week looks set to move towards Greenland and could cause Published 26 Jul, 2019 12:49pm