Asian stocks rose by more than 3 percent on Monday, the most in four months, helped by results from Citigroup that reassured about the financial sector's stability, though the U.S. dollar slid
Store groups have to adapt or die as online retail sales soar, and time is running out. Bricks-and-mortar retailers need to emphasise their advantages over cheaper Internet-based rivals, such as faster delivery
In the heart of earnings season, U.S. stock market investors will scrutinize a raft of regional bank earnings this week for more write-offs that could send the market tumbling. The S&P 500
Jordan is poised to emerge as one of the region’s leaders in ‘green building’ design and construction, with the Ministry of Public Works and Housing in Amman strengthening its initiatives to implement
Microsoft Gulf, in collaboration with Kuwait Ministry of Commerce and Industry, recently conducted raids on two computer shops using personal computers loaded with pirated software in Hawalli, Kuwait. In its capacity as
The European Commission has adopted a strategy favouring the take-up of mobile TV across the 27 EU member states urging the industry to facilitate and accelerate the deployment of mobile TV across
Barclays' shareholders took up just 19 percent of new shares in the British bank's recently announced fundraising, meaning the bulk of the money will be provided by mostly new "anchor" investors led
Better-than-expected earnings at banking powerhouse Citigroup lifted European shares and set Wall Street up for a likely positive start on Friday, reversing a broad swathe of concern about the banking sector. The
Citigroup Inc, the largest U.S. bank, on Friday posted a smaller-than-expected $2.5 billion second-quarter loss, despite billions of dollars of write-downs and credit losses tied to deteriorating capital markets and the slumping
Oil prices rose $2 to stand above $131 a barrel on Friday, after a 10% decline in the past three trading sessions lured buyers. Easing tensions between Iran and the West and
