Nokia bid for Alcatel-Lucent opens Wednesday
An all-share offer by Finnish telecom group Nokia for its French-American rival Alcatel-Lucent will open on Wednesday, the French financial markets authority (AMF) said.
If...
Oil prices mixed in Asia ahead of US inventories report
Oil prices were mixed in Asia Tuesday as investors waited for data on US crude stockpiles expected to further underscore a global supply glut.
Prices...
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...
Germany, Europe’s largest economy, struggles
The Eurozone economy struggles against headwinds from the U.S-China trade dispute and Britain's departure from the European Union.
The state statistics agency said Friday there...
Social media frenzy ‘hurting Saudi market sentiment’
A top Jeddah-based economist has cautioned Saudi stock market investors against being influenced by rumors spread by social media.
“Social media keeps us connected. But...
Banks lead Europe shares higher, oil up before Yellen
European stocks rose on Wednesday, rallying after losses in Asia, as concerns about the health of banks that have hammered shares globally in recent...
Saudi Arabia aims to salvage financial district
The plan to build a financial district from scratch was viewed by Saudi Arabia's neighbours as among the glossiest excesses of the kingdom's oil...
IMF chief calls for reforms in Gulf amid low oil prices
On a trip through a Gulf squeezed by low oil prices, the head of the International Monetary Fund repeatedly called on countries to cut...
Lebanon to review bids from financial and legal advisers
On Friday Lebanon will review proposals from firms bidding to be its financial and legal advisers.
The financial and legal advice revolve around options for...
Saudi oil minister considers raising energy prices in Saudi Arabia
Saudi Arabia is looking at raising domestic energy prices, Oil Minister Ali al-Naimi said on Tuesday, confirming that the kingdom could cut a lavish...
