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Bloomberg General Electric Co. is working with bankers on a possible sale of its power-conversion …
Read More »GE prepares $1.5bn sale of power-conversion unit
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Indian Oil’s quarterly profit soars 50% as refining margin rises
Bloomberg State-owned Indian Oil Corp. posted a 50 percent jump in quarterly profit as the …
Read More »PMI signals improvement in Egyptian non-oil sector
Cairo / Emirates Business The Emirates NBD Purchasing Managers’ Index (PMI) for Egypt, sponsored by …
Read More »Barclays hires analyst team from rival SocGen
Bloomberg Barclays Plc, one of Europe’s biggest investment banks, hired a team of equity analysts …
Read More »Rupiah headwinds blow as policy makers prepare for rate decision
Bloomberg The coming week may prove to be a crucial one for the Indonesian rupiah. …
Read More »Credit expansion faster in China banks
Bloomberg The outsize growth of a country’s banks is a sign that credit expansion is …
Read More »Ruble dives the most since oil crash in 2015
Bloomberg Some of Wall Street’s biggest banks are warning investors to steer clear of Russian …
Read More »Goldman Sachs starts childcare service for sick kids in Japan
Bloomberg Goldman Sachs Group has introduced a childcare programme in Japan that specialises in looking …
Read More »Suicidal ground worker crashes Alaska Air plane
Bloomberg Step inside the cockpit of an empty commercial aircraft and the pilot controls are …
Read More »Airbus drone sets flight-endurance record of 25 days
Bloomberg Floating almost motionless at an altitude of 70,000 feet, Airbus SE’s Zephyr spy drone …
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