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According to a report by Lloyds Private Banking, the British currency’s biggest declines were against the Brazilian Real and the Russian Rouble, with around a 28-percent fall.
Technology giant Samsung Electronics is considering whether to transition to a holding company structure, a move long expected as the next succession step for the founding Lee family's heirs.
Oil prices have fallen almost 4 percent on signs leading oil exporters in OPEC were struggling to agree on a deal to cut production to reduce global oversupply.
Snap, the parent company of messaging app Snapchat, has filed to list on the US stock market, according to several reports.
After the bell Monday, video streaming website Netflix blew past estimates for Q3 profit and subscribers.
State-owned Postal Savings Bank of China (PSBC) has launched an initial public offering in Hong Kong worth up to $8.1 billion, with the vast majority of the deal covered by cornerstone investors.
Saudi Arabia and Russia have agreed to co-operate in over their oil exports, sending oil prices higher and world stocks up on hopes the two top producers would work together to tackle a global glut. Sonia Legg reports.
Nasdaq rose to a record high close, while other major indexes hovered near their own recent all-time highs, in a session with thin trading volume.
Shares in Nintendo tumble as much as 18 percent after the company say Pokemon GO will have a limited impact on its earnings - their biggest setback so far after a huge run-up on the smash-hit game
Apple is about to lose its weighting on the Russell Indexes and be reclassified as a growth and value stock.
"The Lean Startup" author Eric Ries and his team are in early talks with the Securities and Exchange Commission to build a new, "long-term" stock exchange
Fears of a British exit from the European Union is spooking investors, with sterling volatility hitting record highs not seen since the 2008 financial crisis
Gold broke the $1,300-an-ounce barrier in May for the first time since January 2015. What drives the price of Gold?
Wall Street gave back earlier gains on the last trading day of the month even though oil prices rallied.
Stocks closed flat after Janet Yellen offered a mixed view on the interest rate outlook. Twitter saw a decline in monthly active users last quarter.
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Annual award ceremony saw more celebrities opt for Arab designers
Bringing the magic from the screen to the red carpet, the final night of the Dubai International...
Welcome to the 2016 Arabian Business guide to the world’s most influential young Arabs.
Dubai ranked eighth while classic romantic destinations such as Venice came in ninth place
This should have had jail time as well. They clearly put innocent lives in Danger. If anyone of us had done it we would have gone to jail. Complete disrespect... more
Sadly with China paying lip-service to green initiatives and Trump actively pursuing an anti-climate change agenda (and all of the $'s that will pump into... more
As the article mentions work started on a slip road to make entry from the Ranches safer about 2 years ago but halted abruptly about a year ago and hasn... more
Looking at the strategy being played out in Downtown and at Dubai Mall it looks like someone has already worked out that the game is up with regard US... more
Just ponder over it for a moment; ethical leadership enhances the company’s reputation in the financial market and society at large. A solid reputation... more
I feel with VAT in place from 2018, retailers, SMEs will figure out ways of Tax-evasion as it happens in most of the developing economies unless authorities... more