Register for our free newsletter

Latest News
  • Malaysia's IHH in talks with ADIA, Kuwait for investing in IPO

    Malaysia’s IHH in talks with ADIA, Kuwait for investing in IPO

    The investors will be part of over 10 cornerstones IHH plans to finalise by next week who will take up more than 40 percent of the $2 billion offering, sources with direct knowledge of the deal told Reuters.

    June 6, 2012 12:01
  • Oil-Refinery-Pump-Image

    US crude little changed after stock build in APIS

    NYMEX crude for July delivery traded at $84.24 a barrel, up 26 cents, by 4:36 p.m. EDT (2036 GMT). Before release of the data from the American Petroleum Institute, it was trading at $84.25.

    June 6, 2012 11:57
  • U.S.-sees-apparent-clean-up-at-Iran-site

    U.S. sees “apparent clean-up” at Iran site

    A senior U.S. official said on Tuesday that Iran was carrying out apparent clean-up efforts at a military site, Parchin, that the U.N. nuclear watchdog wants to visit as part of a probe into suspected atom bomb research in the Islamic state.

    June 6, 2012 11:55
  • Telenor's Vimpelcom stake hike

    ALFA joins outcry at Telenor’s Vimpelcom stake hike

    Telenor boosted Vimpelcom stake in Feb deal with Weather; Alfa claims Telenor, Weather formed a "group" owning over 50 pct; Says Telenor, Weather should have launched mandatory tender offer

    June 6, 2012 11:54
  • flame-virus-Windows-security

    Flame virus prompts Microsoft to boost Windows security

    Discovery of the Flame virus that mainly affected computers in the Middle East, has prompted Microsoft Corp to strengthen the security of a Windows program that helps customers secure their PCs and update software.

    June 6, 2012 11:50
  • Japan's Iran crude imports dive in April

    Japan readies bill for sovereign cover of Iran oil imports

    Japan is preparing to submit a bill to parliament as early as this week to enable its government to provide cover for tankers bringing in Iranian crude once a European Union ban on insurance takes effect on July 1, Japanese officials said on Tuesday.

    June 5, 2012 5:24