Business & Finance Negative yield threat prompts BlackRock to act on money market fund LONDON: Global fund manager BlackRock said on Friday that it had told investors in one of its money market funds it woul Published 12 Sep, 2014 06:30pm
World EU delays entry into force of free trade pact with Ukraine BRUSSELS: The European Union, Russia and Ukraine agreed on Friday to delay the application of an EU-Ukraine free trade p Published 12 Sep, 2014 06:28pm
World Mexico President slams Texas governor over border crackdown MEXICO CITY: Texas Gov. Rick Perry's deployment of National Guard troops on the US-Mexican border is "reprehensible" Published 12 Sep, 2014 06:24pm
Markets Mauritius 364-day Treasury bills' yield rises to 2.14pc PORT LOUIS: The weighted average yield on Mauritius' 364-day Treasury bills rose to 2.14 percent at auction from 1.7 Published 12 Sep, 2014 06:23pm
Business & Finance Dealmaking picks up as German defence firms react to budget cuts FRANKFURT: Several German defence groups are in talks that could lead to a consolidation of the industry as it struggles Published 12 Sep, 2014 06:21pm
World Putin says considering retaliation against ‘strange’ Western sanctions DUSHANBE: President Vladimir Putin said on Friday new Western sanctions against Russia looked "a bit strange" given his Published 12 Sep, 2014 06:16pm
World European rights envoy says pro-Ukraine activists face abuses in Crimea MOSCOW: Pro-Ukrainian activists and Tatar ethnic minorities in Crimea have found their lives under increased threat sinc Published 12 Sep, 2014 06:13pm
Top News Commission latest LCR draft still faces pressure on ratings LONDON: A draft laying out what could be the final rules for covered bonds and asset-backed securities under the Liquidi Published 12 Sep, 2014 06:11pm
Markets Wall Street slips at midday; energy a drag NEW YORK: US stocks were lower at midday on Friday, with energy shares extending recent losses after the Treasury depart Published 12 Sep, 2014 06:06pm
Markets Algerian oil sails to Venezuela and US, boosting rival grades LONDON: CPC Blend and Azeri prices strengthened on Friday as traders cited large exports from the region of rival Algeri Published 12 Sep, 2014 06:00pm
World First freeze causes little damage to US Northern Plains crops CHICAGO: The US northern Plains and far western Midwest crop regions saw their first freeze of the season but the cold t Published 12 Sep, 2014 05:59pm
World Nigeria says army repels militants outside northeast city ABUJA: Nigeria's military beat back an attack by Islamist insurgents outside the Borno state capital Maiduguri on Fr Published 12 Sep, 2014 05:57pm
Markets Gazprom may boost 2014 investments to 1 trillion roubles: source MOSCOW: Russian gas pipeline monopoly Gazprom may increase its 2014 investment programme by 221 billion roubles ($5.8 bi Published 12 Sep, 2014 05:50pm
Top News US steps up sanctions on Russia over Ukraine WASHINGTON: The United States hit Russia's largest bank, a major arms maker and arctic, deepwater and shale explorat Published 12 Sep, 2014 05:47pm
Markets European shares end slightly lower LONDON: European equities finished slightly lower on Friday, with investors refraining from making strong bets on stocks Published 12 Sep, 2014 05:44pm
Markets North Sea Crude-Forties rises on strong refining margins LONDON: North Sea Forties crude differentials rose on Friday, supported by stronger refining margins. The average plant Published 12 Sep, 2014 05:43pm
Markets Foreign oil services firms will find it hard to return to Russia: minister MOSCOW: The head of Russia's natural resources ministry said on Friday foreign oil services companies would find it Published 12 Sep, 2014 05:40pm
Markets Biotech shares drop, Amarin plunges 20pc NEW YORK: Biotech stocks were among the weakest sectors on Friday, falling as investors continued to take profit in the Published 12 Sep, 2014 05:38pm
Markets Prices, refining margins up on reduced supply: Gasoline LONDON: Gasoline prices and refining margins climbed again in northwest Europe on Friday as maintenance cut into availab Published 12 Sep, 2014 05:31pm
Markets Copper posts biggest weekly loss in two months on dollar LONDON: Copper prices posted their biggest weekly drop in nearly two months on Friday after the dollar strengthened on s Published 12 Sep, 2014 05:27pm
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points