U.S. Stocks Climb to New Record Close in Broad Market Rally
NEW YORK (TheStreet) -- Stocks continued to grind higher with little news to spur action and trading at below-average volume. Markets were on a tear last week after Federal Reserve Chair Janet Yellen and colleagues said the central bank would remain "patient" in its approach to interest rate hikes. The S&P 500 added 0.39% to 2,078, the Dow Jones Industrial Average climbed 156 points, and the ...
Anti-monopoly rules to cover more goods, FNC told
New list of commodities to be submitted to Cabinet for approval, says Al Mansouri
KSA ?ready to increase crude output if new clients emerge?
JEDDAH: Saudi Arabia is prepared to increase its oil output and claim a bigger market share to meet the demands of any new customers, the A-Hayat newspaper quoted Petroleum and Mineral Resources Minister Ali Al-Naimi as saying.
2015 might ring in cheaper mobile calls
Saudi telecommunications companies are likely to reduce mobile call charges in 2015 because of increased competition from new entrants into the market.
Lesler: Bank of New Jersey Has Confidence in NJ CRE Market
Read the region's most important commercial news with GlobeSt.com's New Jersey AM Alert. Follow the latest transactions, industry activities and read interviews that keep you informed with the news you need.
Oil markets face uncertain future as OPEC targets competitors
Abu Dhabi (AFP) - The determination of powerful Gulf OPEC members to stifle competition from new oil producers has left the global energy market reeling and sparked unprecedented uncertainty, officials and experts say.
Encana (ECA) Stock Slipping Today as Oil Extends Its Decline
NEW YORK (TheStreet) -- Shares of Encana Corp. are down 4.59% to $13.50 as crude oil fell, extending a fourth weekly decline on concern OPEC's refusal to cut production will worsen a global glut, Bloomberg reports. Saudi Oil Minister Ali Al-Naimi said OPEC's biggest producer will seek to maintain market share, according to Bloomberg. Additionally, Iraq plans to boost its production next year ...
UAE has 76.47% smartphone users in Q3
Aggressive retail push from manufacturers and new smartphone launches fuel 41.67% growth
Oil slides as Saudi Naimi tells market to forget OPEC cuts
By Barani Krishnan NEW YORK (Reuters) - Oil prices resumed their downward march on Monday, doubling back on the biggest one-day gain in over two years, after Saudi Arabia's powerful oil minister said OPEC would not cut production at any price. After a weekend of comments from several Gulf OPEC members reiterating their intent not to intervene in oil markets despite oil prices that have halved ...
Flying back on course: the inside story of the new Airbus A350 jet
Ten years ago, the boss of Qatar Airways, who takes his first new A350 jet this week, warned Airbus it was flying off course. Boeing was knocking on his door with a "super-efficient" jet boasting ...