New business models of banks to be blamed for financial crisis, says Doha Bank CEO
The financial meltdown is a result of new business models that banks have innovated, according to Mr. R…
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Jordanian preacher freed on bail from UK jail
Abu Qatada, a Muslim preacher once described as Osama bin Laden's right-hand man in Europe, has been released from…
BankdDhofar and Deloitte and Touche work together to launch Islamic banking
BankDhofar have signed an agreement with Delloitte and Touche to create a market assessment and feasibility study…
Fresh violence in Syria as U.N. warns of civil war
Troops loyal to President Bashar Assad have been shelling Homs for more than a week to retake parts of the city…
BOJ Sets Price Target as Contraction Spurs Easing
Japan’s central bank unexpectedly added 10 trillion yen ($128 billion) to an asset-purchase program and set an…
Polls Show Santorum Ahead of Romney in Michigan
New polls released by American Research Group and Public Policy Polling show Rick Santorum ahead of Mitt Romney in…
UK credit rating threat underlines need to deal with debts, says Osborne
The chancellor, George Osborne, has defended the government's economic strategy and described the threat…
EU leaders in China for debt crisis talks
Leaders from China and the European Union are meeting for a summit set to focus on Europe's debt crisis.
‘Heaviest shelling’ in Homs for days, say activists, as massacres reported
Shelling was reported in the Syrian towns of Homs and Rastan early on Tuesday, after as many as 43 people were…
Moody’s warns may cut AAA-rating for UK and France
US credit agency Moody's has updated the credit rating of UK, France and Austria to "negative outlook".