Business Archive
  • »Mercedes, Nissan expand cooperation to build pickup

    Tue 7 April / Apr 2015. 05:38 PM
    Daimler on Tuesday said it would expand its cooperation with partner Nissan to develop a mid-sized pickup truck for Mercedes-Benz, as the German premium auto maker seeks to narrow the sales gap with rival BMW.
  • »Oil falls as Iran, China discuss more supply

    Tue 7 April / Apr 2015. 04:34 PM
    Brent crude oil fell below $58 a barrel on Tuesday on signs of growing oversupply as Iranian officials visited Beijing to seek more oil sales following the framework nuclear deal that could lead to the lifting of sanctions.
  • »Oil up more than $1 after Saudi's Asia price hike

    Mon 6 April / Apr 2015. 03:02 PM
    Oil futures climbed more than $1 a barrel on Monday, after Saudi Arabia raised its prices for crude sales to Asia for the second month running, signaling improved demand in the region.
  • »Greece moves to quell default fears, pledges to meet 'all obligations'

    Mon 6 April / Apr 2015. 03:02 PM
    Greek Finance Minister Yanis Varoufakis said on Sunday that Greece "intends to meet all obligations to all its creditors, ad infinitum," seeking to quell default fears ahead of a big loan payment Athens owes the IMF later this week.
  • »Wall Street to open lower in wake of weak jobs data

    Mon 6 April / Apr 2015. 03:01 PM
    U.S. stock index futures fell in low volume on Monday, putting Wall Street on track for a lower open on the first trading session since Friday's surprisingly weak jobs data.
  • »Oil extends losses as deadline for Iran nuclear deal looms

    Tue 31 March / Mar 2015. 08:42 AM
    Oil futures extended losses on Tuesday, as Iran and six world powers ramped up the pace of negotiations to reach a preliminary deal that could ease sanctions and allow more Iranian crude onto world markets.
  • »Soros says ready to invest $1 billion in Ukraine if West helps

    Mon 30 March / Mar 2015. 08:56 AM
    VIENNA (Reuters) - Billionaire financier George Soros is ready to invest $1 billion in Ukraine, if Western countries help private investment there. He also put the odds of Greece leaving the euro at a third, in an interview with...
  • »Asia shares swing higher as China nears seven year high

    Mon 30 March / Mar 2015. 08:55 AM
    Asian stock markets rose on Monday, with China stocks nearing a seven-year peak on hopes for more infrastructure spending and policy stimulus, while oil prices suffered further from excess supply.
  • »Oil prices drop on weak demand, potential Iran deal

    Mon 30 March / Mar 2015. 08:54 AM
    Oil prices fell on Monday as traders focused on whether Iran and six world powers would reach a deal that could add fuel to an already oversupplied market if sanctions against Tehran are lifted.
  • »The Housing Bank Signed a Loan Agreement for JOD 250 million with NEPCO

    Fri 27 March / Mar 2015. 12:00 AM
    The Housing Bank announced the signing of a loan agreement with the National Electric Power Company (NEPCO), under which the Bank provides funding of JOD 250 million for supporting the financial capacity of NEPCO and financing its needs.
  • »Euro zone backs Greek reform plan, four-month aid extension

    Tue 24 February / Feb 2015. 06:45 PM
    Greece secured a four-month extension of its financial rescue on Tuesday when its euro zone partners approved a reform plan that backed down on key leftist measures and promised that spending to alleviate social distress would not derail its budget.
  • »Rent walkouts point to strains in U.S. farm economy

    Mon 23 February / Feb 2015. 07:51 PM
    Across the U.S. Midwest, the plunge in grain prices to near four-year lows is pitting landowners determined to sustain rental incomes against farmer tenants worried about making rent payments because their revenues are squeezed.
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