Tue, 16 Oct 2018

OYO Hotels launches project for 2020 in the U.A.E.

DUBAI, U.A.E. - In a bid to expand its footprint across the United Arab Emirates, the South Asian hospitality chain ...

146 Sears stores to close, as company files for Chapter 11

CHICAGO, Illinois - One hundred and twenty six years after the giant retailer was founded, Sears on Monday voluntarily filed ...

Trump says more tariffs on Chinese goods might be ahead

WASHINGTON DC - U.S. President Donald Trump has indicated he is not done with introducing tariffs on Chinese-produced goods. He ...

Chairman of Al Habtoor group calls for scrapping of VAT

DUBAI, UAE - One of the most influential businessmen in the United Arab Emirates has called on the government to ...

Stock indices dip across Asian markets

SYDNEY, Australia - Shares in Asia were generally lower on Monday. The biggest loser was Japan's Nikkei 225. On Saturday ...

Apple pays up to $100 million for start-up Asaii

CUPERTINO, California - Axios is reporting that Apple Inc., has bought Asaii , which it describes as 'a startup that ...

Walmart on acquisition spree, buys Bare Necessities

CALIFORNIA, U.S. - Strengthening its efforts to make deeper inroads into the online fashion space, Walmart has announced the acquisition ...

Stocks take beating in Riyadh

DUBAI, UAE - Stocks in Saudi Arabia tumbled on Sunday in the wake of international media attention over the disappearance ...

Mnuchin wants currency issues included in trade agreements

BALI, INDONESIA - U.S. Treasury Secretary Steven Mnuchin has given his strongest signal to date that he wants to see ...

ECB policymaker says bank not impacted by Fed moves

BALI, Indonesia - The European Central Bank has no reason to follow in the footsteps of the Federal Reserve, a ...

Eyeing sales boost, Amazon announces 50,000 jobs in India

BENGALURU, India - As part of its efforts to boost sales during the Indian festive season, Amazon has decided to ...

U.S. stocks rise sharply after week of losses

NEW YORK, New York - Investors breathed a sigh of relief on Friday as stock indices finally bounced off the ...

BMW to boost investment in Brilliance Automotive

BEIJING, China - German automaker BMW has decided to increase its investment and take control of its joint venture in ...

Virgin Galactic and Virgin Orbit suspend Saudi talks

LONDON, UK - Richard Branson, the founder and principal shareholder of the Virgin Group conglomerate, which comprises more than 400 ...

U.S. stock rout continues, relief could come on Friday

NEW YORK, New York - It was a bloodbath on global stock markets on Thursday, following on from Wednesday's rout. ...

China's Markets Reject 'Good News' Campaign

China's government has been trying to put the best face on its economic growth prospects as it struggles with tariff ...

Iceland Seeks Financial Crash Closure with Last Prosecution

REYKJAVIK, ICELAND - The Lehman Brothers bankruptcy threw the United States into an epoch-defining financial storm. Imagine 300 of them ...

Why do Russians use tractors on aircraft carriers

Russians find a use for their tractors far beyond the agricultural sector. For instance, one tractor was equipped with a ...

Rahul Johri's continuance with BCCI 'untenable': Sources

Mumbai (Maharashtra) [India], Oct 15 (ANI): The Board of Control for Cricket in India (BCCI) on Monday stated that Chief ...

MeToo: BCCI CEO to skip ICC meeting

New Delhi [India], Oct 15 (ANI): Board of Control for Cricket in India (BCCI) Chief Executive Officer (CEO) Rahul Johri ...

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Arab League and member states rally around Saudi Arabia

DUBAI, UAE - In an unprecedented show of support, the Arab world has come together to solidly back Saudi Arabia ...

Saudi Arabia will "kill U.S. economy," warns TV executive

DUBAI, UAE - In the first public reaction to the statement by Saudi Arabia on the Khashoggi affair on Sunday, ...

Saudi Arabia vows to respond to any action taken against it

RIYADH, Saudi Arabia - In a stunning development, Saudi Arabia has firmly rebuffed U.S. President Donald Trump's statement that he ...

Stocks take beating in Riyadh

DUBAI, UAE - Stocks in Saudi Arabia tumbled on Sunday in the wake of international media attention over the disappearance ...

Saudi Arabia gets solid backing from Gulf allies

DUBAI, UAE - Arab media have been largely ignoring the frenzied coverage of the disappearance of Jamal Khashoggi, a Saudi ...

Australian jetliner bomber sentenced to hang

SYDNEY, Australia – An ISIS commander who arranged for his brothers to blow up a jetliner over the New South Wales ...

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Abbott Ireland announces expansion plans, new jobs

DONEGAL, Ireland - Announcing plans to expand its workforce in Donegal, the U.S. healthcare giant Abbott unveiled plans to create 500 new jobs in the country.Abbott Ireland currently hires c ...

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