It had become something of a ritual. Every three years, the Organization for Economic …
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European banks risk becoming irrelevant
Any conversation with a European bank executive these days quickly turns to talk of …
Read More »VW reaches $1bn compensation deal in diesel-cheating case
San Francisco / AFP Volkswagen has reached a $1 billion agreement with US authorities …
Read More »Nike earnings top estimates, eases concerns about slowdown
Bloomberg Nike Inc. posted second-quarter results that surpassed analysts’ estimates, soothing concerns that the …
Read More »UK home price growth to slow next year as affordability pushed
Bloomberg UK house-price inflation will slow in 2017 as affordability stretches potential buyers, according …
Read More »BlackBerry boosts 2017 profit forecast on software growth
Bloomberg BlackBerry Ltd. boosted its fiscal 2017 earnings outlook and posted a profit in …
Read More »Sanofi to dangle $2bn pipeline prize to woo Actelion
Bloomberg Actelion Ltd. Chief Executive Officer Jean-Paul Clozel is known for his faith in …
Read More »European stocks drop as Italian bank woes resurface
London / AFP Europe’s main stock markets dropped on Wednesday, with focus once more …
Read More »Saudi stock market rises before 2017 budget
DUBAI / Reuters Saudi Arabia’s stock market rose on Wednesday on the eve of …
Read More »Saudi solar shift to pick up pace
Bloomberg Saudi Arabia’s long-awaited drive to free up more oil revenue by shifting …
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