Category Archives: Top Markets

Bahrain tops regional Islamic finance table

LONDON: Bahrain has topped the regional rankings of a key Islamic finance league table.It also came second globally in the in the fifth edition of the Islamic Finance Development Report and Indicator.The report was prepared by Thomson Reuters and the Islamic ...

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Detroit Auto Show opens on Sunday

Related Articles DETROIT: The Detroit Auto Show kicks off Sunday, with pickup trucks and SUVs expected to take center stage in a sign of their growing might in the US car market.Sunday’s agenda for the 30th instalment of the annual ...

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Iraq nears oil output capacity, committed to OPEC cuts

Related Articles ABU DHABI: Iraqi Oil Minister Jabar Al-Luaibi said on Saturday that the OPEC member’s oil output capacity is nearing 5 million barrels per day, but the country will remain in full compliance with its output target under a ...

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83 countries affected by Lactalis salmonella scandal: CEO

Related Articles PARIS: A salmonella scandal at French dairy group Lactalis has affected 83 countries, where 12 million boxes of powdered baby milk are being recalled, the company’s CEO said Sunday in an interview with French media.“We must take account ...

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Air France-KLM deny bidding for troubled Alitalia

Related Articles Paris: The Air France-KLM group on Saturday denied it had made an offer for ailing airline Alitalia, a day after Italy’s industry minister listed it among three bidders.Alitalia, struggling to compete with low-cost European rivals, went into administration ...

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Carillion could enter administration on Monday unless UK backs rescue

LONDON: British building and services company Carillion could enter administration on Monday unless Britain’s government backs a rescue plan, Sky News reported on Saturday, citing sources.Carillion said on Friday it remained in “constructive discussions” with its creditors and suggestions that ...

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