Business & Finance Indian government hits back over $10bn plane buy MUMBAI: India's government has hit back at claims that state-run carrier Air India botched a multi-billion-dollar aircra Published 09 Sep, 2011 09:57am
Business & Finance Saab to appeal court ruling rejecting bankruptcy protection STOCKHOLM: Saab will submit on Monday an appeal against a Swedish court's rejection of its request for protection agains Published 09 Sep, 2011 09:54am
Top News Greek bank bond rollover 'satisfactory': State source ATHENS: A debt rollover plan vital to Greece's economic survival is making "satisfactory progress," a Greek government s Published 09 Sep, 2011 09:50am
Business & Finance Eurozone banks deposit funds heavily at ECB: Bank data FRANKFURT: Eurozone banks deposited the biggest amount of overnight funds at the ECB so far this year on Thursday, offic Published 09 Sep, 2011 09:47am
Top News Mongolia plans huge coal IPO in 2012: Executives ULAN BATOR: Mongolia's state-owned mining firm Erdenes Tavan Tolgoi (ETT) could list in Hong Kong, London and Ulan Bat Published 09 Sep, 2011 09:45am
Top News Italian economy grows 0.3pc in second quarter MILAN: The Italian economy grew by 0.3 percent in the second quarter from output in the first quarter when growth was 0. Published 09 Sep, 2011 09:41am
World Brazil declares flood emergency RIO DE JANEIRO: Brazilian authorities have declared a state of emergency in 10 municipalities in the southern Santa Cata Published 09 Sep, 2011 09:36am
Business & Finance 2011 a record year for insured earthquake loss: SwissRe ZURICH: This year will rank as the second most expensive in history for catastrophic insurance losses, with more than $7 Published 09 Sep, 2011 09:34am
Top News Total announces major gas find in Caspian PARIS: French oil giant Total said on Friday it had found a major gas field in the Caspian Sea off the coast of Azerbaij Published 09 Sep, 2011 09:29am
Business & Finance Bank of America cuts could hit 40,000: Report NEW YORK: US financial giant Bank of America is considering cutting up to 40,000 jobs as part of a hotly anticipated rou Published 09 Sep, 2011 09:22am
Business & Finance Bank of America cuts could hit 40,000: Report NEW YORK: US financial giant Bank of America is considering cutting up to 40,000 jobs as part of a hotly anticipated rou Published 09 Sep, 2011 09:22am
Markets German stocks lower at start of trading FRANKFURT: German stocks were softer at the start of trading Friday, as the eurozone debt crisis continued to weigh on s Published 09 Sep, 2011 09:08am
Markets European stocks dip at open, as G7 meets on economy LONDON : European stocks fell on Friday before a meeting of Group of Seven rich nations on deepening clouds over the eco Published 09 Sep, 2011 09:05am
World Tajikistan marks independence with growth pledge DUSHANBE: Tajikistan on Friday marked two decades since independence from the former Soviet Union as its leader pledged Published 09 Sep, 2011 08:34am
Business & Finance Taiwan Taipower sells more bonds than planned in latest issue TAIPEI: Taipower, Taiwan's largest issuer of corporate bonds, sold 50 percent more bonds in its latest issue than planne Published 09 Sep, 2011 08:24am
Markets Sterling rises to 3-week high against struggling euro LONDON: Sterling rose to a three-week high against the euro on Friday as the single currency stayed under pressure after Published 09 Sep, 2011 08:20am
Business & Finance Hynix shareholders to close $2.7bn auction in October SEOUL: Final bids to sell a $2.7 billion stake in South Korean chipmaker Hynix Semiconductor will close on Oct. 24, its Published 09 Sep, 2011 08:16am
Business & Finance Turkish Central Bank opens $50mn forex-selling auction ISTANBUL: The Turkish Central Bank opened a forex-selling auction on Friday with a volume of $50 million, bank data show Published 09 Sep, 2011 08:11am
Markets China antimony prices up above 2 percent on supply HONG KONG: Spot antimony prices rose more than 2 percent this week in China due to reduced supply from the country's top Published 09 Sep, 2011 08:07am
Top News Shell announces oil find off French Guiana LONDON: Anglo Dutch energy giant Shell announced on Friday that it had discovered oil in deep waters around 150 kilometr Published 09 Sep, 2011 08:04am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points