Erdogan asks Turks to help prop up plunging lira
Turkish President Recep Tayyip Erdogan on Saturday urged compatriots to change their foreign currency to the lira to help prop up the embattled currency.
"My...
Premier Oil cuts back on spending and beats production target
Premier Oil has cut full-year capital expenditure as the oil producer deferred some project development and exploration spending into 2016, it said on Thursday.
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Microsoft to buy LinkedIn for $26.2 bln
Microsoft Corp agreed to buy LinkedIn Corp for $26.2 billion in its biggest-ever deal, combining the software giant's fast-growing cloud services business with the...
Saudi floats idea to lift oil prices, Iran and Russia reject cuts
Saudi Arabia appears to have floated the idea of a global deal to balance oil markets and lift prices from around the lowest levels...
IMF cuts Eurozone growth forecast after Brexit
The IMF cut its growth forecast for the eurozone on Friday, citing the fallout from Britain's shock vote to leave the European Union.
The IMF...
Malaysia Airlines selects new CEO after departure
Kuala Lumpur, Oct 20, 2017 (AFP) - Malaysia Airlines on Friday named veteran senior executive Izham Ismail as its new CEO after his predecessor's...
Saudi could buckle under oil shock, FX peg, investors warn
Saudi Arabia faces a crisis in the next three to five years if oil prices remain low and the country still has big budget...
Saudi inventors win seven medals at iENA-2015 expo
Saudi inventors made a mark in an international exhibition, winning seven medals including two gold, three silver and two bronze for their brilliant innovations.
Their...
UAE’s Landmark Group halts sale of Trump products after 'Muslim ban' remarks
Dubai-based retailer Landmark Group has suspended the sale of Trump-branded home decor products in its Lifestyle stores after the recent statements made by US...
Trump would consider halting U.S. oil purchases from Saudis
Republican presidential front-runner Donald Trump told the New York Times he would consider stopping U.S. oil purchases from Saudi Arabia unless the Saudi government...
