Markets

Bahrain, India to boost bilateral ties

NEW DELHI — India and Bahrain announced the signing of a Tax Information Exchange Agreement to promote economic and joint investment between the two countries. According to the International Monetary Fund, total trade between the two countries currently amounts to $1.7bn a year, with this agreement aimed at boosting that number.

Markets10 years ago

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Markets

Gold slides ahead of data as euro, commods fall

LONDON - Gold slipped on Friday, extending losses after posting the biggest May drop in 30 years last month, as investors sold assets seen as higher risk like stocks and commodities on mounting concerns over the financial health of Greece and Spain.

Markets10 years ago

Global growth concerns hit world markets

Markets

Global growth concerns hit world markets

Concerns over a slowdown in the world’s biggest economies hit world markets on Friday, with weak indicators out of China and Europe’s financial turmoil unsettling investors ahead of a crucial US jobs report.

Markets10 years ago

Markets

Iraq awards just one oil and gas block at auction

BAGHDAD - Iraq awarded only one out of six new oil and gas blocks to foreign companies on Wednesday after tough contract terms dampened interest during a 4th energy bidding round the Opec-member hoped would further expand its energy sector.

Markets10 years ago

Markets

WTO warns G20 against protectionism

The head of the World Trade Organization on Thursday warned that creeping accumulation of protectionist policies across the world’s 20 major economies had hit 4 percent of the group’s trade.

Markets10 years ago

Markets

US healthcare costs to rise 7.5 pct in 2013

The cost of US healthcare services is expected to rise 7.5 percent in 2013, more than three times the projected rates for U.S. inflation and economic growth, according to an industry research report released on Thursday.

Markets10 years ago