Breaking News
- News
- Sport
- Economy
- Media
- Art
- Health
- Women
- Science
- Environment
- Travel
- Cars
Home
- Page News
- Headlines
- Latest News
- Sports
- Videos
- Celebrity News
- Interviews
- Business
- Lifestyle
- Health
- Views and analysis
- Press
- Top Stories
- Weather
- Travel
- Autos
- Cartoon
- Women in the News
- People in the News
Sports
Culture
- Page News
- Headlines
- Videos
- Festivals
- Latest News
- Interviews
- Shows
- Events
- Libraries & Book Fairs
- Story and Literature
- Arabic Seller
- International Seller
- Films
- Books
- Dance
- Plays
- Comedy
- Crayons
- Blogs
Business
- Page News
- Headlines
- Video
- Real Estate
- Arab Business
- International economy
- Interviews
- Special Reports
- Oil and Gas
- Banks
- Featured News
- Markets
- Companies
- Blogs
Entertainment
Style
- Page News
- Headlines
- Video
- For Men
- Hot
- Occasions
- Look
- Fashion
- New Shops
- Jewellery
- Beauty Trends
- Hair Care
- Fragrance
- Fashion Show
- Interviews
- Blogs
- Photo Gallery
Health
Travel
- Page News
- Headlines
- Video
- Interviews
- Latest News
- Spas
- Adventure
- Winter Sports
- Sun & Beach
- Restaurants
- Hotels
- Blogs
- Photo Gallery
Decor
- Page News
- Headlines
- Interiors
- Outdoor Style
- Home
- Feng Shui
- Your Photos
- Interviews
- Blogs

News
- Latest Arab and World News
- Headlines
- Video
- Arab News
- News Headlines
- Interviews
- Local News
- World News
- Investigation
- Round Up
- News update
- Highlights
- Shade
- Blogs
- Photo Gallery
Media
- Page News
- Headlines
- Video
- Interviews
- Latest News
- World Top Stories
- Satellite Channels
- Press
- Blogs
- Radio
- TV
- Internet
Education
Women
Science And Technology
- Page News
- Headlines
- Video
- Special Reports
- Latest News
- Interviews
- Blogs
- Internet
- Mobile
- Gadgets
- Games
- Computers
Environment
Blog
Horoscope
- Page News
- Headlines
- Video
- Aries
- Tauras
- Gemini
- Cancer
- Leo
- Virgo
- Libra
- Scorpio
- Sagittarius
- Capricorn
- Aquarius
- Pisces
- Dreams
- problems
Videos
Auto

Business

ECB raises 2016 euro area growth, inflation forecasts

Vienna - Arab Today

The European Central Bank on Thursday upgraded slightly its forecasts for both inflation and growth in the euro area in 2016, but left its predictions for 2017 and 2018 unchanged. ECB chief Mario Draghi told a news conference that according to the central bank's latest staff economic projections, area-wide inflation would average 0.2 percent in 2016, and then accelerate to

ECB holds key rates steady, central refi rate at 0%

Vienna - Arab Today

The European Central Bank held its key interest rates steady at its policy meeting on Thursday, as it continues to monitor the effects of a raft of new easing measures in March, but made no announcement about Greece. The ECB's governing council voted, as expected, to keep the benchmark "refi" refinancing rate at its current all-time low of zero percent,

OPEC 'very satisfied' with oil market

Vienna - Arab Today

OPEC is "very satisfied" with the oil market, with a "rebalancing" expected to help boost further the price of crude, Saudi Arabia's new energy minister said Thursday at a meeting of the cartel. "Everybody is very satisfied with the market. The market is rebalancing as we speak. Demand is extremely healthy and robust. Non-OPEC supply is declining. Prices will respond

Uber raises $3.5bn from Saudi investment fund

San Francisco - Arab Today

Uber announced Wednesday it raised $3.5 billion from the Public Investment Fund of Saudi Arabia to fuel global expansion plans for the ride-sharing giant. The deal gives Uber, already one of the largest venture-funded startups, a valuation, or implied value, of $62.5 billion, according to people familiar with the deal.

Deutsche Boerse, LSE say tie-up could lead to 1250 job cuts

Berlin - Arab Today

Deutsche Boerse and the London Stock Exchange said Wednesday that their planned merger could bring 450 million euros ($500 million) in cost savings, partly owing to substantial job layoffs. "The boards believe that in order to achieve the ... cost synergies in the third year after completion (of the merger), there could be an overall potential job reduction of approximately

SoftBank to sell part of stake in China's Alibaba for $7.9 bn

Tokyo - Arab Today

Japanese mobile carrier SoftBank said on Wednesday that it will sell at least $7.9 billion of its stake in Chinese e-commerce giant Alibaba. Softbank, which now holds 32.2 percent of the Chinese company, has "approved of a series of capital raising transactions which involve monetising a portion of the shares of Alibaba," the firm said in a statement.

Australia's economy grows 1.1% in January-March, 3.1% on-year

Sydney - Arab Today

Australia's economy expanded by a stronger-than-expected 1.1 percent in January to March, driven by net exports and household spending, to take the annual rate of growth to 3.1 percent, official data showed Wednesday. The Australian Bureau of Statistics figures, which were released a month before national elections, were well above expectations of a 0.8 percent reading for the first quarter.

Canada first quarter economic growth misses mark, annualized 2.4%

Ottawa - Arab Today The Canadian economy grew at an annualized rate of 2.4 percent in the first quarter, bolstered by a rebound in exports and domestic consumption, the government statistical agency said Tuesday. The gross domestic product (GDP) from Jan

The Canadian economy grew at an annualized rate of 2.4 percent in the first quarter, bolstered by a rebound in exports and domestic consumption, the government statistical agency said Tuesday. The gross domestic product (GDP) from January to March was lower than forecast, after the Canadian central bank warned last week that wildfires in the Alberta oil patch would shave

India's economy grew 7.6% in 2015-16

New Delhi - Arab Today

India's economy grew 7.6 percent in 2015-16, official figures showed Tuesday, retaining its place as the world's fastest-growing major economy. Gross domestic product expanded 7.9 percent year-on-year in the three months ended March 31, the Central Statistics Office data showed, beating economists' expectations.

Eurozone inflation remains negative at minus 0.1% in May

Brussels - Arab Today

Eurozone inflation remained in negative territory in May, the Eurostat statistics agency said Tuesday in a first estimate. Consumer prices fell 0.1 percent in May after slipping 0.2 in April, the agency said. The figures were in line with analysts' forecasts compiled by data provider Factset.

Volkswagen says net profit tumbled 20 percent in first quarter

Frankfurt - Arab Today

Embattled German auto giant Volkswagen said Tuesday that both sales and profits fell in the first three months of the year but it is sticking to its full-year targets. VW, currently engulfed in a massive emissions-cheating scandal, said in a statement that net profit slumped by 20.1 percent to 2.31 billion euros ($2.6 billion) in the period from January to

Big airline LATAM suspends flights to Venezuela

Santiago - Arab Today

Latin America's biggest airline LATAM said Monday it will suspend its flights to crisis-hit Venezuela for an indefinite period, following a similar move by German carrier Lufthansa. LATAM announced the suspension in a statement, citing the "complex macroeconomic situation" affecting Venezuela, which is in economic and political crisis.

Brexit is 'serious risk to growth'

Ise-Shima (Japan) - Arab Today

A British secession from the European Union in next month's referendum could have disastrous economic consequences, G7 leaders said Friday at the close of their meeting in Japan. "A UK exit form the EU would reverse the trend towards greater global trade and investment, and the jobs they create, and is a further serious risk to growth," they said in

Latest News

GMT 12:00 2018 Tuesday ,11 December

Meghan presents fashion award to wedding dress designer Waight Keller

GMT 15:44 2018 Tuesday ,11 December

UTair flight makes emergency landing in Russia’s Yekaterinburg

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation

GMT 14:53 2018 Sunday ,09 December

Damage from Yellow Vest protest 'catastrophic' after Paris riots

GMT 13:03 2018 Sunday ,09 December

OSCE's document on protection of journalists adopted thanks to Russian efforts

Related News

GMT 09:32 2018 Wednesday ,12 December

Huawei CFO gets bail; China detains ex-Canadian diplomat

GMT 09:24 2018 Wednesday ,12 December

LuLu supports KFUPM Rectors Cup marathon

GMT 09:12 2018 Wednesday ,12 December

Ford trains 1,600 motorists in Mideast, Africa in 2018

GMT 09:00 2018 Wednesday ,12 December

May tours Europe in desperate bid to save Brexit deal

GMT 08:25 2018 Wednesday ,12 December

Australian government discusses moving Israel embassy to Jerusalem

Most Popular News

GMT 14:16 2018 Friday ,26 October

New season of Syrian Science Olympiad’s competitions kicks off

GMT 13:02 2018 Tuesday ,30 October

Bodies of two Saudi sisters washed up near New York's Hudson River

GMT 20:39 2018 Wednesday ,05 December

Armageddon avoided? Scientist doubts Solar Cycle 25 will ravage GPS-dependent economy

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses

GMT 16:42 2018 Thursday ,06 December

80,000 Hyundai workers protest plans for low-wage factory in S Korea

Breaking News

Home

Sports

Culture

Business

Entertainment

Style

Health

Travel

Decor

News

Media

Education

Women

Science And Technology

Environment

Blog

Horoscope

Videos

Auto

Vienna - Arab Today

Vienna - Arab Today

Vienna - Arab Today

San Francisco - Arab Today

Berlin - Arab Today

Tokyo - Arab Today

Sydney - Arab Today

Ottawa - Arab Today The Canadian economy grew at an annualized rate of 2.4 percent in the first quarter, bolstered by a rebound in exports and domestic consumption, the government statistical agency said Tuesday. The gross domestic product (GDP) from Jan

New Delhi - Arab Today

Brussels - Arab Today

Frankfurt - Arab Today

Santiago - Arab Today

Ise-Shima (Japan) - Arab Today