Goldman Sachs No Longer One Of Top Three Commodities Banks
US-based investment bank Goldman has been among the top three since Coalition started compiling the figures in 2010 Read more
US Gunmaker Remington Files For Bankruptcy
Remington, America’s oldest gunmaker, said in February it would reduce its $950m debtload in a deal that will transfer... Read more
Marka Updates Figures To Reflect Steeper Loss
Preliminary figures issued last month showed losses at Dh218m Read more
Toshiba Awaits Regulator Approval For Key Chip Unit Sale
Under the deal, Toshiba had expected to meet all the sale conditions by March 23 and complete by March 30 Read more
Abraaj Is Said To Consider Sale Of Fund Unit Stake To Raise Cash
The group has held discussions with advisers about selling part of the newly separated investment business, according to... Read more
Bolton Trade Triggers Rallies In Defence, Energy Sectors
Shares of US energy producers and defence contractors rallied as the broader market slipped Read more
Taiwans HTC To Get Google Boost As It Posts Biggest Loss
HTC has suffered consecutive losses due to stiff competition in the smartphone sector from Apple, Samsung and strong Chi... Read more
Saudi Equities Gain Traction
Tadawul saw a record weekly net inflow of $370m via swaps and QFIs Read more
ADGM, Jersey Financial Services Sign Co-operation Agreement
The partnership reinforces ADGM’s commitment, as an international financial centre to enhance and build stronger colla... Read more
Iran Currency Hits Record Low, Crashing Through 50,000 Mark
Iran’s government took drastic measures last month to stem the decline in the free market rate Read more
Shanghai Crude Oil Futures Roar Into Action As Glencore Bags 1st Trade
Trafigura, Freepoint among first foreigners to participate Read more
Uber Sells Southeast Asia Business To Grab After Costly Battle
Uber to own 27.5% of Grab; Transaction marks second exit for Uber in Asia Read more
UAEs Healthcare Industry Needs To Watch Its Debt Burden
For too long it has fattened itself on easy money to fund expansion sprees Read more
Adnoc Awards $3.5b Worth Of Contracts To Samsung Engineering
Company plans to boost petrochemical production to 14.4m tonnes per annum by 2025 Read more
Kanye West Associate Will Offer His Insights To Louis Vuitton
Virgil Abloh is also known for his streetwear-themed luxury label Off-White Read more