USA With weak earnings in tow, focus turns to jobs data Noha Gad Apr 30, 2016 0 Coming off a barrage of flimsy company earnings reports that included Apple's first revenue drop in 13 years,…
Tech news Facebook triples quarterly profits Ghada Ismail Apr 28, 2016 0 Facebook shares have jumped after reporting a tripling of first quarter profits from a year earlier to $1.51bn.…
Banks Deutsche Bank net income down 58% as investment bank slumps Noha Gad Apr 28, 2016 0 Deutsche Bank (DBKGn.DE) posted a surprise net profit in the first quarter, helped by lower litigation costs,…
Tech news Etisalat Misr: Q1 revenues hit 2.8bn Egyptian pounds Ghada Ismail Apr 27, 2016 0 The Egyptian unit of the UAE mobile operator Etisalat has posted first quarter revenues worth of 2.8 billion…
Banks Barclays Q1 profit falls 33% as investment banking slowdown bites Noha Gad Apr 27, 2016 0 Barclays (BARC.L) reported a worse than expected 33 percent slump in pretax profits for the first three months of…
Industry & Trade BP eyes more spending cuts after 80% profit drop Noha Gad Apr 26, 2016 0 BP (BP.L) said on Tuesday it could cut capital spending further after reporting an 80 percent drop in profits in…
Industry & Trade China’s Q1 GDP grows 1.1 %, slowest quarterly pace since 2010 Noha Gad Apr 18, 2016 0 China's economy expanded a seasonally-adjusted 1.1 percent in the first quarter of 2016 from the fourth quarter of…
Banks Citigroup’s Q1 results suggest tough year ahead Noha Gad Apr 16, 2016 0 Citigroup Inc (C.N) reported a sharp decline in quarterly profit on Friday, hit by weak revenue, costs related to…
International News EU staff told to remain indoors or at home after Brussels blasts aya salah Mar 22, 2016 0 The European Commission, the executive arm of the European Union, told staff on Tuesday to remain indoors or stay…
Banks Japan economy drops more than expected Noha Gad Feb 15, 2016 0 Japan's economy shrank more than expected in the final quarter of last year as consumer spending and exports…