Sales disappointments Force “Best Buy” to Close Stores and Cut Jobs
Best Buy Co reported weaker-than-expected sales for the key holiday quarter, prompting the world's largest…
Visa Shows a Massive Increase in International Spending During “DSF” 2012
International visitors to the UAE during the Dubai Shopping Festival 2012 (DSF) broke their spending records…
U.K. House Prices Reach the Lowest Value in Two Years
U.K. house prices fell the most in two years and mortgage approvals dropped to an eight-month low as economic…
BOC Seeks to Join London Metal Exchange
Bank of China Ltd. became the first Chinese company to apply for membership on the London Metal Exchange, the…
Sanctions Could Cost Iran $ 50 Bln
Iran’s oil revenue could halve. Top buyers are moving to cut imports of crude from the Islamic Republic amid a…
EBay Assigns David Marcus as President of PayPal
EBay Inc. on Thursday named David Marcus president of its PayPal unit, filling the role left vacant when Scott…
Culture and Tourism Committee visits Grand Egyptian Museum
Members of Culture, Information and Tourism Committee lauded the project of Grand Egyptian Museum; as it considers…
Ganzoury: EGP 250 Million To Develop 5 Slums
Dr. Kamal El Ganzoury – Prime Minister- decided to allocate 250 million EGP, for the purpose of developing five…
Saudi Arabia to Act to Push Down Oil Prices
Saudi Arabia will act to bring down oil prices, Saudi oil minister Ali Naimi said on Thursday as France signaled…
Indonesia’s Bank Central Asia Net Income Rises 28% As Lending Grows
PT Bank Central Asia (BBCA), Indonesia’s largest financial services company by market value, posted a 27.6 percent…