EU wheat ends week higher PARIS: Benchmark wheat prices on Euronext edged up on Friday to post a weekly gain as short-covering after recent... Published 08 Sep, 2024 02:42am
Markets European shares end lower as earnings whirlwind disappoints PARIS: European shares closed lower on Wednesday, dampened by luxury stocks after dour results from LVMH weighed on... Published 25 Jul, 2024 06:35am
World Paris Olympics economic impact estimated at 6.7-11.1bn euros: study PARIS: The Paris Olympics this year will generate an economic gain of 6.7-11.1 billion euros (7.2-11.9 billion... Published 20 May, 2024 05:44am
Pakistan Counterfeits cost Europe 16bn euros each year: agency PARIS: Counterfeit products — mainly clothes — cost the European economy 16 billion euros a year and result in... Published 17 Jan, 2024 06:02am
World NATO increases military budget by 12% to 2.03 billion euros BRUSSELS: NATO said on Wednesday that it was increasing its military budget for 2024 by 12% to 2.03 billion euros... Published 13 Dec, 2023 10:38pm
World EU defence spending to reach record 270bn euros in 2023 BRUSSELS: EU military spending will reach a record 270 billion euros ($295 billion) in 2023 in the face of ... Published 01 Dec, 2023 04:43am
Markets Euronext wheat regains ground PARIS: Euronext wheat futures rose on Wednesday as signs of renewed demand from Morocco added impetus to a technical... Published 30 Nov, 2023 04:53am
World European Parliament approves 50bn euros more for Ukraine STRASBOURG (France): The European Parliament on Tuesday backed giving an extra 50 billion euros ($53 billion) in... Published 18 Oct, 2023 06:09am
World EU leaders push to fund Ukraine with proceeds from Russia's frozen assets BRUSSELS: European Union leaders will push senior officials on Thursday to find legal ways to funnel proceeds from... Published 29 Jun, 2023 07:53pm
World EU offers Tunisia over 1bn euros to boost economy TUNIS: The European Union on Sunday offered Tunisia more than one billion euros in aid to boost its crisis-hit... Published 12 Jun, 2023 06:26am
Markets Paris wheat extends fall LONDON: Euronext wheat fell on Thursday with an extension of a pact allowing grain shipments from Ukraine through... Published 21 May, 2023 04:00am
Markets Paris wheat at one-year low HAMBURG: Euronext wheat fell to a new one-year low on Monday on competitive Russian exports and expectations that a... Published 08 Mar, 2023 06:20am
Opinion Traders relaxed as ECB starts running down massive bond holdings Strong investor inflows into bond markets this year mean traders and bankers are confident the European Central Bank... Updated 02 Mar, 2023 07:01am
World EU eyes extra 1bn euros on ammunition for Ukraine BRUSSELS: The EU is looking to allocate an additional one billion euros for urgently needed ammunition for Ukraine ... Published 01 Mar, 2023 10:49pm
Business & Finance AstraZeneca profits soar on cancer drugs, Alexion buy LONDON: Anglo-Swedish drugmaker AstraZeneca on Thursday posted surging annual net profit, boosted by cancer... Published 13 Feb, 2023 05:57am
Business & Finance Netflix lays out plans to crack down on account sharing NEW YORK: Netflix Inc on Wednesday laid out plans to crack down on password sharing for accounts on its streaming... Published 13 Feb, 2023 05:57am
Business & Finance BNP Paribas posts record profit of 10.2bn euros PARIS: French bank BNP Paribas posted Tuesday a record profit of 10.2 billion euros, the latest in a series of... Published 13 Feb, 2023 05:57am
Markets Paris wheat to post 2022 gain PARIS: Euronext wheat was set to finish 2022 with an 11.5% annual rise, after a year in which the market hit record... Published 03 Jan, 2023 03:25am
Business & Finance Russia likely to buy yuan on FX market in 2023 MOSCOW: Russia will start buying yuan on the currency market next year if oil and gas revenues meet expectations, ... Published 23 Dec, 2022 05:54am
World Russian assets worth 19bn euros frozen in EU over Ukraine war BRUSSELS: EU countries, led by Belgium and Luxembourg, have frozen 18.9 billion euros of assets belonging to Russian... Published 09 Dec, 2022 10:39pm
Markets EU wheat mixed with exports in focus PARIS: Euronext wheat futures were mixed on Monday, with front-month futures again supported by export demand and... Published 22 Nov, 2022 03:23am
Markets Dollar firm near 32-peak vs yen despite intervention risks; sterling treads water TOKYO: The dollar hung close to a 32-year peak versus the yen on Wednesday while edging up from a two-week trough... Published 19 Oct, 2022 09:17am
Markets Paris wheat hits four-week low PARIS: Euronext wheat futures extended losses on Tuesday to a four-week low as the market saw scope for a wartime ... Published 19 Oct, 2022 05:54am
Business & Finance Porsche races higher after landmark $72bn listing FRANKFURT: Porsche AG shares made a strong start on Thursday after Volkswagen defied volatile markets to list the... Published 30 Sep, 2022 05:52am
Opinion European governments defy market volatility with green bond bonanza Euro zone governments have raised 15 billion euros ($15 billion) from green bonds over the last two weeks, pushing... Published 16 Sep, 2022 06:04am
Markets EU wheat eases as markets slide outweighs euro support PARIS: Euronext wheat edged lower on Thursday as economic jitters fuelled a slide in Chicago grains and wider... Published 02 Sep, 2022 06:00am
Markets Paris wheat follows US markets up HAMBURG: European wheat prices held firm on Monday following a strong rise in Chicago and reports of a Ukrainian... Published 30 Aug, 2022 06:21am
Business & Finance TotalEnergies, CMA CGM agree to cut prices to help French consumers PARIS: French oil major TotalEnergies and shipping giant CMA CGM announced further measures to cut prices on Friday,... Published 25 Jul, 2022 06:12am
Business & Finance Zara founder Ortega’s real estate assets worth $15.5bn in 2021 MADRID: The family office of Spanish billionaire Amancio Ortega, founder and main shareholder of fashion group... Published 25 Jul, 2022 06:12am
Business & Finance German automotive supplier Schaeffler to buy Ewellix for $594m FRANKFURT: German automotive supplier Schaeffler has agreed to buy Sweden’s Ewellix Group from investment company... Published 25 Jul, 2022 06:12am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points