Business

AFTER waiting for more than ten years and obtaining all necessary approvals, Kuwait has finally signed the contract worth $15 billion for building Al-Zour Refinery …

DUBAI, Oct 17, (RTRS): Iran’s government announced proposals on Saturday to cut interest rates and encourage banks to lend, state television reported, in an effort …

BERLIN, Oct 17, (Agencies): Volkswagen is considering a reduction in temporary workers as part of efforts to offset the cost of the emissions scandal, the …

NEW YORK, Oct 17, (RTRS): Russian hackers had infiltrated Dow Jones & Co to steal information to trade on before it was made public, and …

FRANKFURT, Oct 16, (Agencies): German prosecutors said Friday they had identified fewer than 10 suspects in the massive pollution-cheating scandal that has engulfed Volkswagen, as …

RABAT, Oct 16, (RTRS): Saudi Oil Minister Ali al-Naimi said on Thursday he saw signs of global oil demand improving despite the economic slowdown in …

JAKARTA, Oct 16, (Agencies): Chinese and Indonesian state-owned companies Friday signed a $5.5 billion deal to build the first high-speed railway in Southeast Asia’s top …

WASHINGTON, Oct 16, (AP): US manufacturing production fell for the second straight month in September as factories cranked out fewer appliances, computers, and electronics. Factory …

NEW DELHI, Oct 16, (RTRS): Leaders of India’s $15 billion pharmaceuticals industry, a major supplier of affordable generics to the world, have joined public health …

DUBAI, Oct 14:  Jazeera Airways may launch long-haul flights if it’s not able to buy a controlling stake in Kuwait Airways, chief financial officer Donald …