Business Archive
  • »Oil markets tight, energy agency warns

    Thu 13 February / Feb 2014. 06:05 PM
    World oil markets are unexpectedly tight as growth in advanced economies picks up, the IEA warned on Thursday, urging OPEC to skip a seasonal output drop as stocks touch six-year lows.
  • »Airbus gets first A380 order for 2014 with $8.3 bln deal

    Wed 12 February / Feb 2014. 04:48 PM
    Airbus on Wednesday received its first order of the year for its flagship A380 when leasing firm Amedeo signed an $8.3 billion deal for 20 of the superjumbos.
  • »Toyota recalls 1.9 mn Prius cars worldwide

    Wed 12 February / Feb 2014. 04:46 PM
    Toyota on Wednesday announced a global recall of 1.9 million of its signature Prius hybrid cars, dealing a blow to a brand favoured by the eco-conscious including Hollywood celebrities.
  • »US takes India to WTO on solar energy

    Tue 11 February / Feb 2014. 05:54 PM
    The United States on Monday said it would take India to the World Trade Organization to gain a bigger foothold for U.S. manufacturers in its fast-growing solar products market, adding another irritant to an already strained relationship.
  • »Bitcoin plunges after indefinite halt in withdrawals

    Tue 11 February / Feb 2014. 03:46 AM
    The price of the digital currency bitcoin slid to its lowest level in nearly two months on Monday after bitcoin digital marketplace Mt. Gox said a halt on withdrawals it announced on Friday would continue indefinitely after it detected "unusual activity".
  • »London's finance hub changes tactics in meeting militant threat

    Mon 10 February / Feb 2014. 05:14 PM
    British police announced new tactics to deter militant attacks on London's financial district on Monday, relying on large-scale and unpredictable deployments at key points rather than static "Ring of Steel" checkpoints used in the past.
  • »Australia losing last auto producer Toyota

    Mon 10 February / Feb 2014. 04:50 PM
    Toyota on Monday said it will stop making cars in Australia in less than four years, bringing the country's auto industry shuddering to a halt, despite appeals by Prime Minister Tony Abbott.
  • »Gold rises on growth fears, focus on Fed's Yellen testimony

    Mon 10 February / Feb 2014. 04:49 PM
    Gold rose on Monday after a weak U.S. jobs report last week raised questions over economic recovery, which could potentially slow the pace of the Federal Reserve's stimulus tapering.
  • »Currency black market shows limits of Egypt's recovery

    Tue 4 February / Feb 2014. 03:00 AM
    Egypt's central bank has taken extraordinary steps to prop up its currency and curb a black market in foreign exchange - but in back alleys and money changing shops around the country, illicit dealing continues to thrive.
  • »Amman Bourse nudges higher at open

    Mon 3 February / Feb 2014. 03:00 AM
    Amman Stock Exchange opened trading Sunday with a rise to 2216 points compared to 2206 points of Thursday's session closure.
  • »Stocks may face pain, though buyers remain

    Sun 2 February / Feb 2014. 03:00 AM
    Investors may crave a quiet market this coming week to digest the recent volatility in stocks and rehash Sunday's Super Bowl, but the prospect doesn't look likely.
  • »Big chill gives Dow, S&P worst month since May 2012

    Sun 2 February / Feb 2014. 03:00 AM
    A selloff in emerging markets sent a cold chill down Wall Street, triggering a slide on Friday and making January its worst month since May 2012 after one of its best years in more than a decade.
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