Business

Wall Street Extends Records As Fed Stays In Focus

U.S. stocks rose at the open on Monday, with the Dow and S&P extending record highs as trading continues to focus on economic stimulus from the Federal Reserve. The Dow Jones industrial average .DJI rose 43.6 points or 0.27 percent,...

Google, Microsoft Tighten Online Searches To Combat Child Porn

Google and Microsoft unveiled measures to block online searches for child sex abuse images on Monday as part of a bid by British authorities to crackdown on Internet pedophiles. The companies said as many as 100,000 search terms will now...

After Huge Plane Orders, Airbus And Boeing Sign Gulf Supplies Deals

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Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Emirates Airlines, shakes hands with Boeing Commercial Airplanes Chief Executive Ray Conner (front R) as Boeing Chairman James McNerney (2nd L) looks on during the Dubai Airshow   Airbus and Boeing signed deals...

China Reform Plans Lift World Shares To 6-Year High

World shares hit a near six-year high on Monday, boosted by signs of ambitious economic reform in China and the prospect of extended stimulus in the United States. China's offshore share market put on 5.7 percent .HSCE in its best...

Qatar Airways To Launch Saudi Services Early Next Year

Qatar Airways Chief Executive Akbar Al Baker (3rd R), Qatar's Prime Minister Sheikh Abdullah bin Nasser bin Khalifa al-Thani (4th R), Qatar's Minister of Energy and Industry Mohammed Saleh al-Sada (2ndR) and other delegates pose in front of a...

Nigerian Energy Firm Oando 9-Mth Pre-Tax Profit Falls 44 Pct

Nigerian energy firm Oando Plc said on Friday that its nine month pre-tax profit fell 44 percent to 9.78 billion naira ($61.44 million), compared with 17.40 billion naira in the same period a year ago. The oil marketing and exploration...

Banks To Repay 3.6 Billion Euros Of Crisis Loans: ECB

Banks will next week return 3.59 billion euros ($4.8 billion) of crisis loans early to the European Central Bank, the ECB said on Friday, a lower than expected total as a recent rate cut makes it more attractive to...

Bill Gates Wants Norway’s $800 Billion Fund To Spend More In Africa, Asia

Philanthropist and Microsoft co-founder Bill Gates called on Norway's $800 billion oil fund, one of the biggest investors in the world, to spend more in the poorest countries where little private money reaches. Gates, who runs the $37 billion Bill...

Shares Lead Charge As Yellen Backs Easy Fed Policy

World shares traded near five-year highs on Friday after a robust defense of monetary stimulus from the woman set to take over at the U.S. Federal Reserve next year, while Japanese stocks headed for their best week in almost...

Former JPMorgan ‘Whale’ Supervisor Opposes U.S. Extradition

A former JPMorgan Chase executive accused of helping to hide trading losses in a $6.2 billion financial scandal at the bank rejected on Friday a U.S. extradition request, which will now rest in the hands of courts in his...
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UEFA Refuses To End FIFA World Cup Boycott Despite Infantino’s U-Turn

UEFA has confirmed it will continue its boycott of FIFA's men's and women's World Cups despite Gianni Infantino...
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