Business & Finance Italy's Fineco sees no M&A deal on the horizon after UniCredit sale MILAN: Italian online broker FinecoBank will not be part of an expected wave of mergers in the asset management indu Published 05 Aug, 2019 08:39pm
Markets Russian wheat prices pressured by forecasts of strong European harvest MOSCOW: Russian wheat export prices remained under pressure last week by competition from other exporters amid stron Published 05 Aug, 2019 08:36pm
Markets Brexit and flight to safety propel sterling-priced gold to record high LONDON: Gold priced in sterling soared to a record high on Monday, spurred by fear of a disorderly British exit from Published 05 Aug, 2019 08:30pm
Sports Man United land Maguire in world record deal for defender MANCHESTER: Manchester United made Harry Maguire the most expensive defender in history on Monday as the fallen gian Published 05 Aug, 2019 08:28pm
Sports Paine hails Smith as 'best ever' as Australia trounce England BIRMINGHAM: Australia captain Tim Paine hailed Steve Smith as the best player in the world after his successive cent Published 05 Aug, 2019 08:26pm
Markets Oil falls 2pc as trade war concerns hit demand outlook NEW YORK: Global oil benchmark Brent futures fell more than 2% on Monday on global growth concerns after US Presiden Published 05 Aug, 2019 08:25pm
World Two Texas shooting victims die in hospital, raising death toll to 22 EL PASO: The death toll rose to 22 people on Monday in a mass shooting at a Walmart store in El Paso, increasing wit Published 05 Aug, 2019 08:23pm
Markets Cotton falls to 3-1/2-year low as US-China trade war worries intensify ICE cotton futures slid more than 3% on Monday to their lowest in nearly three-and-a-half years on fears that increa Published 05 Aug, 2019 08:21pm
Markets Paris wheat slips to 2-1/2 month low as harvest pressure weighs PARIS: Euronext wheat fell to a 2-1/2 month low on Monday, curbed by weakness in US futures and the prospect of larg Published 05 Aug, 2019 08:20pm
Markets China lets yuan weaken and stops buying US crops, escalating trade war SHANGHAI: China let the yuan weaken past the key 7-per-dollar level on Monday for the first time in more than a deca Published 05 Aug, 2019 08:19pm
Markets US corn rating seen steady at 57pc good/excellent, soy at 53pc CHICAGO: The US Department of Agriculture (USDA) is expected to rate 57% of the US corn crop in good to excellent co Published 05 Aug, 2019 08:17pm
World Egypt receives final $2bn tranche of IMF loan CAIRO: Egypt has received the final $2 billion tranche of its IMF loan, state television said on Monday. Last mon Published 05 Aug, 2019 08:14pm
Markets Gold soars 2pc as trade worries trigger flight to safety Gold surged 2% on Monday to its highest level in more than six years as a worsening US-China trade conflict prompted Published 05 Aug, 2019 08:12pm
Markets US yields drop as US-China trade row feeds bond rally NEW YORK: US Treasury yields tumbled on Monday, with 10-year yields hitting their lowest level since November 2016, Published 05 Aug, 2019 08:11pm
Markets Colombia's coffee output jumps 25.3pc in July, exports rose 7.6pc BOGOTA: Colombia produced 1.31 million 60-kg bags of washed arabica coffee in July, up 25.3% from the same month a y Published 05 Aug, 2019 08:09pm
World China stops buying US farm products BEIJING: China's Commerce Ministry said on Tuesday that Chinese companies have stopped buying US agricultural produc Published 05 Aug, 2019 08:06pm
Sports Konta beaten by Yastremska in early Rogers Cup upset It took less than 80 minutes for the Rogers Cup to produce an upset on Monday as Ukrainian teenager Dayana Yastremsk Published 05 Aug, 2019 07:49pm
World Germany expects Georgieva to become IMF head, Russia pledges support BERLIN: Germany is optimistic that Bulgaria's Kristalina Georgieva will become the head of the International Monetar Published 05 Aug, 2019 07:47pm
Sports Former New Zealand captain McCullum announces retirement Former New Zealand skipper Brendon McCullum will retire from all forms of cricket when the Global T20 Canada league Published 05 Aug, 2019 07:42pm
World North Korea took $2bn in cyber attacks to fund weapons program: UN report UNITED NATIONS: North Korea has generated an estimated $2 billion for its weapons of mass destruction programs using Published 05 Aug, 2019 07:42pm
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points