BRUSSELS, Dec 16 – The European Union has authorized a batch of countries outside the bloc to offer clearing and trading of securities to EU firms, under a regime that Britain may also have to use after Brexit. The EU’s executive European Commission said on Friday it has granted so-called equivalence to the clearing houses
By Tim Hepher and Sami Aboudi PARIS/DUBAI, Dec 11 – Iran signed a $16.6 billion deal for 80 Boeing passenger jets on Sunday and was said to be close to another for dozens of Airbus planes to complete what would be the biggest package of firm contracts with Western companies since Iran’s 1979 Islamic revolution.
ISTANBUL, Dec 4 – Turkey is taking steps to allow commerce with China, Russia and Iran to be conducted in local currencies, President Tayyip Erdogan said on Sunday, the government’s latest effort to shore up the tumbling lira. In a speech to flag-waving crowds in the central city of Kayseri, Erdogan also said that Prime
DUBAI, Dec 3 – Iran’s supreme court has upheld the death penalty against Iranian businessman Babak Zanjani for corruption, the judiciary said on Saturday, a sentence critics say will mask the identity of senior officials who supported him. By his own account, Zanjani had for years helped circumvent sanctions by arranging billions of dollars of
By Ahmed Hagagy KUWAIT, Nov 24 – Kuwaitis vote on Saturday for a new parliament the government hopes will help push through reforms to a lavish welfare state to curb a budget deficit caused by weak oil prices. Nearly 300 candidates are vying for 50 seats in an assembly that has legislative powers but which
By Hussein Sayyed Since the day that President-elect Donald Trump unexpectedly won the U.S. elections, the sliding gold price has signaled an unanticipated risk on investor mood. Instead of money flowing to safe-haven investments like gold, it appears that the markets are instead taking confidence from the end of uncertainty over who will lead the U.S.
STRASBOURG, Nov 22 – The centre-right leader in the European Parliament denounced British Foreign Secretary Boris Johnson on Tuesday as arrogant and seeking to goad the European Union for calling on it to let Turkey join the bloc. “It’s a purely arrogant provocation from Johnson when he’s telling us what we have to do,” said Manfred
By Tetsushi Kajimoto and Cynthia Kim TOKYO/SEOUL, Nov 20 – Asian currency policymakers are worried that the strengthening of the dollar on expectations of U.S. President-elect Donald Trump’s fiscal policies could be used by his administration as a stick to beat them with on trade protectionist grounds. China, Japan, South Korea and Taiwan are already
By David French DUBAI, Nov 13 – Gulf executives who were upset by Donald Trump’s campaign trail comments about Muslims took a conciliatory tone following his election victory and said they were open for business with the United States. In Dubai, boards displaying the President-elect’s name and his support for a DAMAC project to build
By Randa Bessiso The MBA (Master of Business Administration) degree is still the preeminent business/general management qualification and is highly valued by a wide range of employers and recruiters. It is a general management qualification that equips students for a career in business management, helping them acquire a broad perspective on a wide range of areas