IMF urges Gulf states to adapt to lower oil prices
DUBAI: The International Monetary Fund forecast economic growth in the six-nation Gulf Cooperation Council will be 1.8 per cent this…
Browsing: Business
Yieldcos enabled SunEdison’s debt-fuelled acquisition spree
NEW YORK: At an early 2015 investor conference, SunEdison’s then-chief financial officer, Brian Wuebbels, trumpeted the profit potential in the…
UK banks set for grim results showing size of turnaround task
LONDON: Britain’s top banks are set for one of their worst first-quarter earnings seasons since the financial crisis, adding to…
London boasts largest number of billionaires —Rich list
LONDON: London has more billionaires – measured in pounds sterling – than any other city in the world, according to…
Taking on Tesla: China’s Jia aims to outmuscle Musk
BEIJING/DETROIT: Tomorrow’s cars will be all-electric, self-driving, connected to high-speed communications networks … and free. And probably Chinese. That, at…
Global carmakers see rising competition in China
BEIJING: Global carmakers gathered in Beijing yesterday to show off their wares as competition intensifies and growth slows in the…
Thai hard disk drive exporters see silver lining in cloud storage for now
BANGKOK: After more than two years of riding high on growing demand for cloud data storage, Thailand’s hard disk drive…
HRDF addresses concerns by Sarawakian companies regarding funds
KUCHING: The Human Resource Development Fund (HRDF) has met with associations in Sarawak to address issues brought up last week…