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RBS investor case adjourned for last-minute settlement talks

RBS investor case adjourned for last-minute settlement talks

23-May-17

LONDON: Royal Bank of Scotland (RBS) pursued last-minute settlement talks with a group of investors on Monday to avoid a potential ...

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EU to conclude Google antitrust cases in next  few months   

EU to conclude Google antitrust cases in next few months  

23-May-17

 

OXFORD: EU antitrust regulators will rule in the "next few months" whether Alphabet's Google abused its dominance of internet searche ...

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HSBC's hires three specialists for sustainable investments   

HSBC's hires three specialists for sustainable investments  

23-May-17

LONDON: HSBC Global Asset Management, a unit of HSBC Holdings Plc, said on Monday it has appointed three investment specialists who will help the c ...

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IMF offers 3-pillared prescription for  African growth

IMF offers 3-pillared prescription for African growth

23-May-17

LONDON: Countries in sub-Saharan Africa need to get their budgets in order, diversify their economies and look after their poorest ...

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Long seen as partners, Huntsman and Clariant seal $14 billion merger

Long seen as partners, Huntsman and Clariant seal $14 billion merger

23-May-17

ZURICH/FRANKFURT: US-based Huntsman Corp and Swiss Clariant AG are combining to create a chemical manufacturer with a market value ...

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Ford replaces CEO Fields as challenges mount

Ford replaces CEO Fields as challenges mount

23-May-17

WASHINGTON/PARIS: Ford Motor Co on Monday said it was replacing Chief Executive Officer Mark Fields with James Hackett, the head o ...

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Shareholders take Akzo Nobel to court to oust Chairman Burgmans   

Shareholders take Akzo Nobel to court to oust Chairman Burgmans  

23-May-17

AMSTERDAM: Akzo Nobel shareholders angered by the Dulux owner's rejection of a 26.3 billion euro ($29.5 billion) takeover offer from US rival PPG I ...

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Bunge, ARASCO to jointly bid for Saudi state grains agency

Bunge, ARASCO to jointly bid for Saudi state grains agency

23-May-17

ABU DHABI/DUBAI: US agricultural trader Bunge is looking to bid for the Saudi state grain company's milling operations, sources said, the second gl ...

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China, Russia set up wide-body  jet firm in new challenge to Boeing, Airbus   

China, Russia set up wide-body jet firm in new challenge to Boeing, Airbus  

23-May-17

SHANGHAI: China and Russia on Monday completed the formal registration of a joint venture to build a wide-body jet, kick-starting ...

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Africa's growth seen benefiting from rebound in commodity prices   

Africa's growth seen benefiting from rebound in commodity prices  

23-May-17

Africa will see a lift-off in economic growth this year and next on the back of a rebound in global commodity prices, an annual report predicted on ...

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LCCI demands to allocate funds in next budget to refund business community

LCCI demands to allocate funds in next budget to refund business community

22-May-17

 

LAHORE: The office bearers of Lahore Chamber of Commerce and Industry (LCCI) have urged the government to allocate a ...

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ADB approves $20 million loan to increase credit access

ADB approves $20 million loan to increase credit access

22-May-17

 

KARACHI: The Asian Development Bank (ADB) has approved a USD 20 million loan to help Pakistan’s Khushhali Micr ...

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A tax credit is a great way to fulfil Trump’s pledge on school choice

A tax credit is a great way to fulfil Trump’s pledge on school choice

22-May-17

President Trump's tax-reform proposal was already historic, with Treasury Secretary Steve Mnuchin boasting that it called for the largest tax cut t ...

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Big questions for the WEF as it considers, contemplates and confers

Big questions for the WEF as it considers, contemplates and confers

22-May-17

The World Economic Forum (WEF), as ever, concentrates on the bigger picture. While the rest of the world was disembarking in Riyadh for the ground- ...

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Why the US has changed  its tune on the yuan

Why the US has changed its tune on the yuan

22-May-17

A funny thing happened in the US on Thursday night. Steve Mnuchin, the US Treasury Secretary, testifying in a senate banking committee hearing, sai ...

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Time for a Middle East  infrastructure development bank

Time for a Middle East infrastructure development bank

22-May-17

You can tell a lot about a region by the jokes its peoples tell about themselves. Occasionally a joke travels far and wide, adapted to local circum ...

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Populism is putting the benefits of economic globalisation at risk

Populism is putting the benefits of economic globalisation at risk

22-May-17

Does the populist revolt now sweeping across the developed world mean that globalisation will be reversed? Donald Trump was elected on the back of ...

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Cotton yarn, cloth production slightly  up in nine months

Cotton yarn, cloth production slightly up in nine months

22-May-17

ISLAMABAD: Domestic production of cotton yarn and cotton cloth grew by 0.78 percent and 0.51 percent respectively during first three quarters of cu ...

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Michael Hudson’s ‘J’ is  for Junk Economics’

Michael Hudson’s ‘J’ is for Junk Economics’

22-May-17

The author, Michael Hudson, is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Dist ...

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Globalisation’s ill effects have been wildly exaggerated

Globalisation’s ill effects have been wildly exaggerated

22-May-17

Globalization has gotten a bad rap. The Trump White House associates it with all manner of economic evil, especially job loss. The administration h ...

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