iPhone | iPad
Android
HuaweiLONDON - Global investors are more bullish on euro zone equities than they have been since mid-2011, with new crisis-fighting plans soothing worries over the region’s sovereign debt, a fund managers’ survey showed on Tuesday.
KT APPDOWNLOAD
MORE FROM Markets
FedEx Corp lowered its fiscal 2013 profit target on Tuesday, saying earnings could slide as much as 6 percent for the year, as a weakening world economy prompts customers to shift toward lower-priced and slower shipping options.
BRUSSELS - Concerns are growing among European investors and lawmakers that plans for a eurozone banking union will end up half-baked, with the financial backstops required to underpin the ambitious scheme unlikely to be in place for years.
LONDON — Europe’s main stock markets slid on Tuesday, extending the previous day’s losses despite improving German investor sentiment as traders took further profits after last week’s strong gains.
France wants all euro area banks subject to a common supervisory regime by the end of this year, Finance Minister Pierre Moscovici told journalists in Cyprus.
Greek Prime Minister Antonis Samaras said, in an interview published late on Saturday, that exiting the eurozone was “not an option for Greece and expressed his determination to forge ahead with painful reforms.
A delegation from the Hamriyah Free Zone Authority, or HFZA, participated in the 3rd Muslim Business and Investment Zone Conference and Exhibition in Jakarta, with the aim of strengthening economic integration between Muslim countries.
The Department of Tourism and Commerce Marketing, or DTCM, for the 20th year in a row, is to participate in the Moscow Tourism Fair “Leisure 2012” at the International Exhibition Centre “Crocus Expo” in the Russian capital from September 19-22.
T he tide may or may not be turning, but the mood has certainly changed for the better. As if suddenly waking up from a deep slumber, the government swung into action and announced a slew of long awaited measures to curtail deficit, attract foreign investment and boost morale all around.
