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SHARON SINGLETON
Lulu Retail increases IPO size to 30% as it seeks to raise up to $1.72 blnLulu is offering 3.098 billion shares at an unchanged indicative price range of 1.94-2.04 dirhams per share with the final offer price expe...
Gold gains 1% as Powell comments hint at September cutPowell said "the time has come" for the U.S. central bank to cut interest rates and inflation was in reach of the Fed's 2% target, offering...
German warships await orders on crossing sensitive Taiwan StraitTwo German warships are awaiting orders from Berlin to potentially pass through the Taiwan Strait next month, a move that could escalate te...
Oil hits seven-week high on demand hopes, war jittersOil prices hit seven-week highs on Wednesday as summer demand optimism and concerns over escalating conflicts offset an industry report tha...
Gold rises as safe-haven demand, rate cut bets keep prices elevatedGold tends to perform well during economic turmoil, with reliability that can help offset the risk of more volatile assets in conditions su...
Russia's November seaborne diesel exports rise as ban lifted, production risesRussian seaborne diesel and gasoil exports increased 8.5% in November to about 2.8 million metric tons after an export ban was lifted and p...
Oscar-winner Michael Caine announces his retirement at 90Caine stars in 'The Great Escaper' opposite Glenda Jackson, who died in June shortly after completing her part in the film.
LNG prices to soften by end of decade: TotalEnergies CEOGlobal LNG prices surged to a record in the wake of Russia's invasion of Ukraine last year, as Europe sought to replace Russian pipeline ga...
Pakistan central bank leaves key rate unchanged in surprise movePakistan's central bank has decided to maintain its key interest rate at 22%, surprising analysts who expected an increase. The bank acknow...
Three suspected Russian spies arrested in BritainThree individuals, Bulgarian nationals, have been charged with identity document offences as part of a national security investigation, fol...
RBI-MPC to dial up hawkishness even as it holds policy steadyFood price spikes in India, typical at the onset of the monsoon, drove up headline inflation in June, corroborating the MPC's view that the...
India's Petronet eyes lower prices under renewed long-term deal with QatarIndia's Petronet LNG hopes to extend its long-term gas import deal with Qatar at lower prices than those offered by the world's top liquefi...
India's rice export curbs puts contracts for 2 mln tons at risk - tradeAround 200,000 tons of rice is being loaded at various Indian ports, and this quantity would be allowed to move out, said B.V. Krishna Rao,...
Cathay Pacific fires three staff after passenger alleges discriminationCathay Pacific Airways Ltd apologised after a passenger accused its flight attendants of discriminating against non-English speakers, promp...
Lower gas prices to push up India's FY24 gas demand by 7%: GAIL ChairIndian gas utility GAIL (India) Ltd sees local gas demand growing by 6%-7% in the fiscal year to March, driven by lower prices and the resu...
Manila airport power restored, as outage triggers flight cancellationsThe main terminal of Ninoy Aquino International Airport in Manila has had power restored, after almost nine hours of outage, during which 4...
Chinese small-cap stocks surge in meme-like rallyShares in small and micro-cap Chinese firms that are listed in the US soared on Friday, echoing rallies of last summer fuelled by individua...