Category: Business

staffApril 23, 2018

EU launches ‘in-depth’ probe into Apple plan to buy music app Shazam

BRUSSELS – The European Union Monday launched an in-depth probe of tech giant Apple’s plan to buy leading song recognition ...

staffApril 16, 2018

Oman, Kuwait urge oil producers to pursue cooperation

KUWAIT CITY – Omani and Kuwaiti oil ministers on Monday called on OPEC and non-OPEC producers to continue their unprecedented ...

staffMarch 23, 2018

Elon Musk pulls Tesla and SpaceX from Facebook

Entrepreneur Elon Musk has had the official Facebook pages for his Tesla and SpaceX companies deleted. The #deletefacebook movement has ...

staffMarch 19, 2018

Saudi fund to take $400 million stake in Endeavor

Saudi Arabia’s sovereign wealth fund is taking a $400 million stake in Endeavor, one of Hollywood’s biggest talent and event ...

staffMarch 19, 2018

Qatar awards giant gas field contract to Chiyoda

DOHA – Qatar Petroleum aims to boost Doha’s gas production by more than 20 percent with a contract that was ...

staffMarch 14, 2018

Ford recalling 1.38 mln sedans over steering defect

NEW YORK – Ford announced Wednesday a North American recall of 1.38 million Ford Fusion and Lincoln MKZ sedans to ...

staffMarch 7, 2018

McDonald’s flipped its iconic Golden Arches – people are freaking out

People driving by a McDonald’s in Lynwood, California, might be baffled by an upside-down sign. The golden arches, typically standing ...

staffMarch 3, 2018

Porsche could build flying taxis, says sales chief

Volkswagen’s sports car maker Porsche could develop a flying passenger vehicle to compete with rivals in a possible market for ...

staffFebruary 22, 2018

European stock markets slide at open

London – European stock markets slid at the start of trading on Thursday after large drops in Asia and on ...

staffFebruary 20, 2018

HSBC profits jump to $17.2bn on Asia growth

HSBC has posted a pre-tax profit of $17.2bn (£12.3bn) in 2017, saying its focus on Asia was driving growth. The ...