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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.
Sheikh Mohammed launched the new museum in Bur Dubai, which displays thousands of golden, bronze...
Real estate advisor Savills says UK's decision to leave the EU has tempted Middle East investors...
Aircraft spare part manufacturing, boat building and pharmaceuticals are all part of Dubai...
Construction Week’s Power 100 annual ranking of the most influential people in the middle east...
From Nancy Ajram to Huda Kattan, Arab ladies show off their style
A number of high profile and impressive projects are set to come to fruition across in the...
State investment funds Abu Dhabi Investment Council and Mubadala will hold 33.2 percent and...
From celebrities to fashion bloggers
Prime Minister says that he is confident economic cooperation between Qatar and the UK can...
Checked in online prior to 24 hours. Arrived well prior to one hour at DXB to drop off checked in baggage. Waited in the queue for 15 minutes wherein 3... more
A true entrepreneur - constantly looking for a new idea or venture. Best of luck Sanuj. You have a bright future. more
While I do agree that FRHI was an amazing acquisition for Accor Hotels, I question whether they will be successful into the venture of Luxury Hotels. ... more
Banks must overhaul their whole banking strategy. This is the 21st century and banks stuck with a 20th century mindset are doomed. This is not the time... more
Come on this is passe, the demography is based on Demand and supply ( triggered by Budget). Will having 70,000 labourers make a difference on culture ... more
I can't believe no-one has noticed the names of the travel company and its MD in the context of the survey. Southall is the district of London with perhaps... more
In many professional organizations, workload analysis is one of the most closely monitored metrics. There is nothing nebulous about workload analysis and... more
there is no way on earth that sales will reach 70bn USD on this website. ever. more