Heineken NV Wednesday reported a 1.3% drop in net profit for the first six months of the year as currency movements and divestments weighed on sales, while it expects organic growth to moderate in the second half of the year...
Profits at Syria’s banks plummeted 79.7 per cent in the first half of the year as a conflict raging for more than three years continues to take its toll on the economy...
On July 22, the US House of Representatives passed the Hezbollah International Financing Prevention Act to prevent Hezbollah — classified as a terrorist organization since 1995 — from gaining access to international financial institutions...
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...
Apple Inc.’s stock soared to an all-time high, surpassing a 2012 record as investors look ahead to new products such as bigger-screen iPhones and a wristwatch-like device that may jump-start revenue growth...
LoopPay, Inc., the inventor of MST technology, informed that it has received an investment from Visa Inc...
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...
And CEO Larry Page is determined to push even further. Page's vision is that Google's products and services will become the control center of people's lives: The company's driverless cars will chauffeur people around safer roads and deliver goods within hours of an online order...
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...
Though the foreclosure crisis has ended, millions of America are still trying to recover from it...
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...
A Kenyan forex trader is petitioning the government to roll out rules governing the forex industry in order to shield participants from extortion by law enforcement officials...
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...
