London: Oil rose above $75 a barrel on Tuesday to its highest since November 2014 before paring some gains, supported by OPEC-led production cuts, strong...
Beijing: Some Chinese sorghum importers have asked Beijing to waive the hefty anti-dumping deposit imposed last week on US imports already at sea, as...
Beijing/Detroit: China's Didi Chuxing, already disrupting the global ride-hailing market and taking on US rival Uber, has its sights set on an even...
Abu Dhabi: Abu Dhabi state investor Mubadala has halted talks to buy Abraaj's investment business, two sources said, in a blow to the private equity...
Abu Dhabi: Abu Dhabi National Oil Company (ADNOC) is setting up a new trading unit to handle its crude oil and refined products, part of the state-run...
Dubai: Careem, Uber's main ride-hailing app rival in the Middle East, was hit by a cyber attack that compromised the data of 14 million users, it said...
Dubai: Abu Dhabi Global Market (ADGM), the emirate's international financial centre, has agreed in principle with the Shanghai Stock Exchange to...
Dubai: Flydubai expects to offer more destinations of more than six hours flying time from its Dubai hub, aided by new planes and a partnership with...
Moscow/London: As Opec's efforts to balance the oil market bear fruit, US producers are reaping the benefits - and flooding Europe with a record amount...
Paris: French automaker PSA Group posted a 42 per cent increase in first-quarter revenue, lifted by its acquisition of Opel-Vauxhall.
Group revenue rose to...
