Business

Dubai: Saudi Arabia will cut crude oil shipments to its customers in August by more than 600,000 barrels per day to balance the rise in domestic consumption...

Abu Dhabi/Dubai: Abu Dhabi's national oil company is weighing proposals from Goldman Sachs, First Abu Dhabi Bank, HSBC and JPMorgan for lead roles in...

London: Oil rose above $48 a barrel on Wednesday in response to a fall in US fuel inventories and a cut in the US government's forecast for crude output...

By Stanley Carvalho, Saeed Azhar and Hadeel Al Sayegh

San Francisco: Twitter on Tuesday hired Ned Segal, senior vice president of finance at Intuit and a former managing director at Goldman Sachs Group, as its...

San Francisco: Facebook said on Tuesday that it was testing advertising on its Messenger app globally as the world's largest social media company looks...

New York: Intel on Tuesday announced a new line of microprocessors for data centres, setting up a battle with Advanced Micro Devices (AMD) and others for...

Buenos Aires: Argentina needs oil rigs to develop its vast shale oil and gas resources. The United States has plenty of idle equipment laying around after...

Toronto: Canada is leading the charge higher in global bond yields as major central banks turn more hawkish, but the rapid climb in domestic yields may have...

Shanghai: China stocks reversed earlier gains to end lower on Wednesday, as investors taking part in a big-cap rally seen in recent weeks paused for breath,...