Business

New York: SoftBank Group is buying alternative-asset manager Fortress Investment Group for $3.3 billion in cash to operate alongside the Japanese...

Singapore: Temasek Holdings pared its investment in Alibaba Group Holding for a second consecutive quarter while emerging as a shareholder of oil and gas...

New York: The US economy will get a small boost in 2017 from President Donald Trump's planned deregulation and fiscal stimulus, a Reuters poll showed,...

Washington: The Federal Reserve will likely need to raise interest rates at an upcoming meeting, Fed Chair Janet Yellen said on Tuesday, although she...

Beijing: Chinese banks kept up a strong pace of lending at the start of the year, even with signs of tightening by the central bank, highlighting the...

Amsterdam: ABN Amro, the Netherlands' largest domestic lender, on Wednesday posted fourth-quarter net profit of 333 million euros ($352 million),...

Frankfurt: Euronext said its full-year core earnings stood stable, as the pan-European exchange group's reduced costs offset a drop in listing and...

Shanghai: China stocks reversed earlier gains to end lower on Wednesday, as technology and resource stocks took a breather after their recent strong...

Dubai: Averda was awarded “Superbrand” status for the UAE, following a strict selection process by the UAE Superbrands Council. Mike English, Chairman...

Muscat: On behalf of His Majesty Sultan Qaboos bin Said, His Highness Sayyid Fahd bin Mahmoud Al Said, Deputy Prime Minister for the Council of Ministers...