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CaixaBank has agreed to buy state-controlled Bankia for 4.3 billion euros ($5.1 billion) in an all-share deal that creates Spain’s biggest domestic lender and signals consolidation among Europe’s struggling banks...
Business Bureau, Gulf Today AJMAN: Abdullah Al Muwaiji, Chairman of the Ajman Chamber of Commerce and Industry (ACCI), chaired the third meeting of the Board of Directors (BoD)...
A fourth day of gains in retail stocks nudged European equities higher on Wednesday as Zara-owner Inditex posted a quarterly profit, although UK blue-chip stocks came under pressure after a...
Oil prices rose for a second day on Wednesday, gaining more than 2%, as a hurricane closed US offshore oil and gas production and an industry report showed US crude...
The Dubai-headquartered telecom operator du will get Dhs800 million from selling its 26 per cent stake in Khazna Data Centre to Abu Dhabi’s Technology Holding Company. Net revenue from...
Sterling rose on Tuesday following better-than-expected jobs data and after British Prime Minister Boris Johnson cleared the first hurdle for legislation that would breach the Brexit treaty, although analysts said...
Gold prices rose on Monday helped by a weaker dollar and expectations that the US Federal Reserve will reiterate its dovish monetary policy stance this week. Spot Gold rose 0.2% to...
Abu Dhabi National Oil Company, ADNOC, announced on Monday that it has successfully completed a placement to institutional investors of 1.25 billion shares in Abu Dhabi National Oil Company. This...
Air France-KLM might not survive its current crisis if the airline group cannot lower its costs, Dutch Finance minister Wopke Hoekstra said on Sunday. "The survival of Air France-KLM...