Economy
World’s longest aircraft readies for first flight in Britain
March 22, 2016
World’s longest aircraft readies for first flight in Britain
The world's longest aircraft, an airship spanning more than six double-decker buses, is set to make its maiden flight later…
Unified exchange rates to be set daily: Supply Ministry
March 21, 2016
Unified exchange rates to be set daily: Supply Ministry
A unified exchange rate for US dollars will be reset each day to ensure stability for currency rates, according to…
Sterling hit by British political row, yen gains
March 21, 2016
Sterling hit by British political row, yen gains
Sterling was the biggest mover among major currencies on Monday, sinking more than half a percent on concerns a split…
Foxconn lowering offer for Japan’s Sharp: Yomiuri
March 20, 2016
Foxconn lowering offer for Japan’s Sharp: Yomiuri
Taiwan's Foxconn is lowering an offer for loss-making Japanese electronics maker Sharp Corp (6753.T) from an initial plan of 489…
Starwood signs first US-Cuba hotel deal since 1959 revolution
March 20, 2016
Starwood signs first US-Cuba hotel deal since 1959 revolution
Starwood Hotels & Resorts Worldwide (HOT.N) on Saturday became the first US hotel company to sign a deal with Cuba…
Egypt’s central bank to hold FX auctions once a week – bankers
March 20, 2016
Egypt’s central bank to hold FX auctions once a week – bankers
Egypt's central bank will from now on hold one foreign currency auction per week on Tuesdays, when it will sell…
Apple to bring witnesses to hearing on locked iPhone: US prosecutors
March 19, 2016
Apple to bring witnesses to hearing on locked iPhone: US prosecutors
The US government and Apple Inc will be able to cross-examine the other's witnesses in a court hearing next week…
After Motiva split, Saudi Aramco aims to buy more US refineries
March 19, 2016
After Motiva split, Saudi Aramco aims to buy more US refineries
Saudi Arabia's national oil company wants to buy more US refining and chemical plants to expand its footprint in the…
Euro zone PMIs, Asian and African central banks on steady course
March 19, 2016
Euro zone PMIs, Asian and African central banks on steady course
As central bank rhetoric turns more dovish, investors will search for further hints of easing in a week with few…
Auto franchises most likely to increase prices: newspaper
March 18, 2016
Auto franchises most likely to increase prices: newspaper
A number of automobile franchise big names have concurred that car prices will likely rise steeply as a result of…