Global stock markets started the week on a sour note with investors concerned that Spain will require more financial help to overcome its debt problems.
Global stock markets started the week on a sour note with investors concerned that Spain will require more financial help to overcome its debt problems.
Ramada Hotel & Suites Ajman has launched the flagship Zero Landfill processing operation as part of the property’s commitment to help conserve the natural environment in the other emirates.
A subsidiary of International Petroleum Investment Company, or IPIC, Aabar Properties, has started building its mixed use multi-storey tower at Najmat Abu Dhabi on Al Reem Island.
Influx of counterfeit protective equipment may put lives at risk in the Mideast, said DuPont — globally renowned company for development of its high-quality, intelligent flame resistant fiber, Nomex.
Mubadala Petroleum has approved the development of the Manora concession in the Gulf of Thailand.
Hyundai Motor Company, one of the world’s largest and fastest-growing automakers, has announced its best ever first half year sales for the full Middle East region. The company registered an increase of 13 per cent in total sales compared to the first six months of 2011, selling 161,554 vehicles.
LONDON - Gold prices swung back into positive territory on Tuesday as the dollar retreated from highs against the euro, with investors’ confidence in the metal growing after it held its ground during the previous day’s financial market sell-off.
NEW YORK — Stocks fell early Tuesday following weak earnings from United Parcel Service and other major companies. The US market was headed for its third loss in a row.
KUWAIT CITY — Fitch Ratings on Tuesday reaffirmed Kuwait’s long-term foreign and local currency issuer default ratings at “AA” with a stable outlook supported by huge foreign assets and high oil prices.
LONDON - European shares fell and the euro neared a two-year low on Tuesday as fresh data revealed Europe’s debt crisis had caused a sharp slowdown in German factory activity, although an improvement in China’s manufacturing sector lifted commodities.