Saturday 30 August 2014

As aluminium market shifts to deficit, all eyes on China

For the world's hard-pressed aluminium producers the current outlook is the rosiest in many years. Russian giant UC Rusal, for example, has just returned to profit for the first time in five consecutive quarters. That's largely thanks to the combination of


Islamic State presents new test for Jordan

He had a good job and a loving family, but it wasn't enough for a 25-year old Jordanian who abandoned his life of privilege in Amman to join the Islamic State group that has seized swathes of neighbouring Iraq and Syria. Handsome, courteous and highly regarded in his professi


Tadawul opening to foreign investors ‘a key milestone’

The Saudi Arabian index is the region’s most diverse capital market due to its size and maturity, and has been gearing up to welcome foreign investors for sometime now, said a report. Although foreign investors have been able to access the Saudi Stock Exchange (Tadawul) thr


Iraq, Syria pose Saudi dilemma: failed states or Iran proxies

With militant Islamists gaining the upper hand in Syria's rebel movement and grabbing big tracts of Western Iraq, Saudi Arabia faces a dilemma. Saudi Arabia has long seen the conflicts in Iraq and Syria as a pivotal battle for the future of the Middle East, pitting Sunni Musl


Discounts battle on the high seas hurting carriers

The ocean freight industry has been suffering for years from immense competitive pressure, partially due to ruinous price battles caused by rising overcapacities, a report said, adding the prices for containers on certain routes have even occasionally fallen below the providers' cost level.


Bitcoin showing some staying power

Bitcoin is catching on at US online merchants including and Expedia, as customers use a digital currency that just a few years ago was virtually unknown but is now showing some staying power. Though sales paid for in bitcoin so far at vendors interviewed for this ar


US air strikes on Syria could face formidable obstacles

American forces face formidable challenges as President Barack Obama considers an air assault on Islamist fighters in Syria, including intelligence gaps on potential targets, concerns about Syria's air defenses and fears that the militants may have anti-aircraft weapons, current and former


Libya's oil recovery may be short-lived

A comeback by Libya's oil industry may be short-lived as a confrontation between armed groups risks splitting the country three years after the fall of Muammar Gaddafi. Oil production has risen to 650,000 barrels per day (bpd), five times the level two months ago, in a rare s


Libyan raids could herald bolder Arab action

Air strikes against Libyan Islamist militants that US officials had said were staged by Egypt and the United Arab Emirates could mark an escalation of a regional struggle over the future of the Arab world. Arab responsibility for the attacks would add to a picture of the West'


Managing hybrid ERP: new challenges for CIO

Chief information officers (CIO) have been called to create a strategy to effectively plan for and manage a complex hybrid Enterprise Resource Planning (ERP) environment, as it back on the agenda with a different emphasis in today’s increasingly on-demand world, said a recent report.

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