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HSBC Holdings beat forecasts with a 31 per cent rise in the first quarter profit, bolstered by a surge in income from its core Asian business due to the absence of legal and regulatory expenses borne in the year-ago quarter. Reining in costs has been one of the biggest challenges for HSBC Chief Executive John Flint
Metro Bank shares surged after it raised 375 million pounds ($478 million) to repair its balance sheet, giving the bank breathing space ahead of a potentially fractious annual meeting next Tuesday. The nine-year-old challenger bank’s market value fell more than 1.5 billion pounds after disclosing in January
A recovery in eurozone business activity was weaker than expected this month as a deepening contraction in the bloc’s manufacturing industry is increasingly holding back services firms, a survey showed. Last month, European Central Bank President Mario Draghi
Starting August 1, Super 98 petrol will cost Dhs2.58 a litre, compared to Dhs2.47 the previous month.
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday took to twitter to praise an Arab youth who founded a $1.5 billion company. “Dubai-headquartered
Recognising that women are a vital driving force of the economy, the Sharjah Research, Technology, and Innovation Park (SRTI Park) has launched a special package for women entrepreneurs and innovators to register their company at the region’s