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Largest US companies, jobs growth has lagged profits and revenues
Employment growth at the largest US companies has lagged far behind increases in revenue and operating profit since the start of the century, as firms reaped the benefits of globalisation, technology, and other ways to operate more productively, according to a Reuters analysis of corporate data.
US, world recoveries disappoint: Fed official
The US and global recoveries have been “disappointing” so far and may point to a permanent downshift in economic potential, US Federal Reserve Vice-Chair Stanley Fischer said on Monday.
Micro-flats: New trend in Hong Kong
Hong Kong’s poorest residents are used to making their homes in cramped accommodation, but now developers are touting minuscule upmarket apartments to reel in young middle-class buyers.
Africa offers India $180b market
Continent to double its net annual spending to more than $1.2 trillion by 2025
Industry Qatar misses views
Industries Qatar made a net profit of QR2.84 billion in the first half of 2014, the statement said, down from QR4.57 billion in the prior-year period.
Agility Q2 net profit up 12.2%
Agility made a net profit of KD12.9 million ($45.54 million) in the three months to June 30, up from KD11.5 million in the same period a year ago, according to a bourse statement.
Global halal food market reaches $1.1 trillion in 2013
Sector a key pillar for Dubai’s Islamic economy vision: Al Ghurair
Kipco rejects $3.2 billion offer for OSN
Kipco owns 60.5 per cent of OSN while Saudi Arabia-based Mawarid Group holds the remainder. They jointly refused an offer from the US firm, which was not identified in the statement.
Luxembourg to meet investors on sukuk sale
The ministry will visit the UK, Malaysia, Saudi Arabia, the UAE and Qatar to market the security to local institutions, it said in an e-mailed statement.
Argentina threatened with contempt order by judge
Later on Friday, however, Argentina’s economy ministry issued a statement accusing Griesa of “clear partiality in favor of the vulture funds.”
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