From this week, social media blogging platform Tumblr will start to analyse every photo posted to a Tumblr site to glean information about users’ brand preferences...
Arab Banking Corporation (ABC) has declared that its consolidated Group net profit for the first half of 2014 was $137 million - a 22 % increase when compared to $112 million for the same period last year...
Heavyweights from Wall Street are developing preliminary plans to transfer some London-based activities to Ireland to address concerns that the UK is drifting apart from the EU...
EGP lending climbed at a faster pace than FX lending in May. Breaking down the loans in terms of currency, EGP loans grew at a faster pace (+2.1 per cent MoM) than FX loans (+1.0 per cent MoM) in May, the latest month for which data is available...
Lebanese banks’ subsidiaries, namely Bank Audi Syria, Bank of Syria & Overseas, Byblos Bank Syria, Bank BEMO Saudi Fransi, Sharq Bank, and Syria Gulf Bank recorded a sizeable SYP 6.35 billion annual contraction in net profits to around SYP 2.89 billion ($19...
"The UAE has experienced a shifting momentum of activity over the past decade with 2009 onwards being difficult years for the market...
BHP Billiton Ltd. BLT.LN -4.47% said its annual profit rose 23%, as it detailed plans to create a new company to house assets including nickel mines and aluminum smelters that would be listed on Australia's stock exchange. BHP reported a net profit of US$13...
The “gale of shale” is hitting the world with surplus energy. In 2000, shale was 2% of natural gas supply; in 2012, it was about 37%; and will be about 65% within the next two decades. America is poised for shipping out shale gas in liquefied form as net exporter of energy...
US stocks are overvalued. This is something that investors need to be aware of and that is what most sensible valuation measures say. Because history shows that buying investments when they are expensive usually means you end up with poor returns...
Gains in banking sector stocks raised Abu Dhabi's main index closer to a 10-week high during the week as investors held a benevolent view of the sector...
There are several reasons to pay attention to Flowserve Corp. With a series of strengths and differentiating factors, the company's business model looks very strong. Diversification across various industries and geographic regions limit risk and maximize exposure to growth opportunities...
Recently there has been a lot of talk of Europe’s ‘recovery’. The medicine may have nearly killed the patient, but the hope was that spending cuts and political reforms would eventually turn French, Italians and Greeks into Germans...
The Reserve Bank's elevated rate structure may be painful in the short run, but will help in the long-term by containing inflation, Governor Raghuram Rajan said today...
Economic activity in Japan plunged – GDP dropped by 1.7%. That’s the worst fall seen since the days of the financial crisis in 2009...
Fidessa group has announced that five Hong Kong-based brokers, including, ICBC International Securities, and Standard Chartered Securities (HK), will be using Fidessa for the upcoming Shanghai-Hong Kong Stock Connect (China Connect) link when it goes live in mid-October...
The nascent growth of the Islamic financial industry in Africa is dominated by Islamic banking and Sukuk segments. The Islamic asset management and Takaful segments currently account for a small share, but offer considerable potential for growth in the near future...
The majority of those who keep an eye on world billionaires and their stories of success, undoubtedly know that there are also extraodinary women in the world, who managed to gather their wealth themselves. Not all of you, however, notice their extrodinary beauty behind the wealth...
“Our ratings on Arab Mediterranean banks have been dragged down since the end of 2010 by the deteriorating creditworthiness of their respective sovereigns, especially given the concentration of government paper that banks carry on their balance sheets,” said Standard & Poor's...
Amazon has reportedly halted pre-orders of some Disney films, in what looks like another contract dispute following the online retailer's row with a book publisher. Physical copies of titles such as Maleficent and Captain America: The Winter Soldier were unavailable for order on Amazon.com...
Given the fact that the foreign exchange market is by far the largest most liquid market in the world – with around US$5.3 billion traded daily according to the latest Bank for International Settlements’ (‘BIS’) triennial survey – many day traders are not surprisingly taking up FX trading...
