Tech news Intel’s slowing data center growth overshadows strong profit Ghada Ismail Jul 21, 2016 0 Intel Corp on Wednesday reported slower revenue growth at its data center business, which makes semiconductors used…
Tech news Intel must show cloud growth to feed restructuring Ghada Ismail Jul 20, 2016 0 Intel Corp. will need to show growth in its non-PC businesses when the company reports fiscal second-quarter…
Banks Indonesia central bank seen cutting key rate again to try to spur growth Noha Gad Jul 20, 2016 0 Indonesia's central bank on Thursday is expected to make its fifth policy rate cut this year as it tries to help…
Tech news Cloud business pushes up Microsoft’s quarterly revenue, shares rise Ghada Ismail Jul 20, 2016 0 Sharp growth in its commercial cloud computing business helped lift Microsoft Corp's quarterly revenue above Wall…
Financial Institutions Bank of America sets new cost target under pressure from low rates Noha Gad Jul 19, 2016 0 Bank of America Corp (BAC.N) reported a 19 percent drop in second-quarter profit on Monday and set a new expense…
Real Estate China Q2 residential land prices increase more than in first-quarter: ministry Ghada Ismail Jul 17, 2016 0 China's residential land prices rose faster in the second quarter than in the previous three months, while those…
International News Markets expect decades of inflation frustration aya salah Jul 16, 2016 0 It might seem extraordinary that the developed world could fail to generate enough growth to lift inflation back…
Industry & Trade U.S. retail sales, industrial output data suggest strong Q2 GDP growth Noha Gad Jul 16, 2016 0 U.S. retail sales rose more than expected in June as Americans bought motor vehicles and a variety of other goods,…
Banks New Czech c.banker sees wage growth enabling end of currency floor in 2017 Noha Gad Jul 12, 2016 0 Czech wage growth will accelerate into next year, pushing up prices and allowing the currency to be unpegged from…
MENA News Saudi minister hopes slower global growth won’t hit oil demand Noha Gad Jul 12, 2016 0 Saudi Arabia hopes that slower global growth will not trigger a fall in the current healthy demand for oil, Energy…