Monday, August 24, 2026

Dubai's Dnata buys stake in Brazil airport services firm RM

The company that runs Dubai-based airline Emirates says it has bought a majority stake in a Brazilian firm that provides ground handling services at...

Skype founder gives thumbs-up to European IT sector

Skype co-founder Niklas Zennstrom on Wednesday praised European information technology, saying 2015 had been an "amazing year" for the sector. "This is the most exciting...

International Energy Agency sees low oil prices until 2020

The International Energy Agency says oil prices are likely to remain low over the next five years because of plentiful supply and falling demand...

Wall St rises as health care rebounds

U.S. stocks rose in a volatile session on Wednesday, led by a rebound in biotechnology stocks, putting the S&P 500 on track for its...

BAE Systems sees flat earnings in 2015 on Typhoon jet production cut

Europe's biggest defence company BAE Systems plc warned on Thursday it would see no growth in earnings in 2015 after it reduced the rate...

Acwa Power targets 2016 IPO on Kingdom’s bourse

Saudi Arabia-based power and water project developer, Acwa Power, is aiming for a stock market floatation on the Saudi bourse sometime next year, its...

Oil prices rebound on bargain-hunting

World oil prices rose Thursday on bargain-hunting after a sharp decline the day before, although analysts said the market remains hobbled by an oversupply. US...

Apple to open retail store in Singapore powered only by sun

Apple will open its first retail store in Singapore, which will also be Southeast Asia's first to be powered solely by solar energy, officials...

Syria govt limits cash buys to revive the banking sector

The Syrian government issued on Sunday that all property and car sales must be conducted through banks, in an apparent bid to revive the...

Businesses devastated by the Virus outbreak

The Department of Labor in the U.S. reported more than 6.6 million Americans applied for unemployment benefits last week, far exceeding a record high...

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