Friday 4 September 2015
 
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UK factory growth slips, hiring deteriorates in August

A two-year spell of jobs growth across British factories came to an end last month as manufacturing activity expanded at a slower pace, a survey showed, suggesting the sector is unlikely to boost economic growth much this quarter.

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Gold eyes biggest weekly drop in five on US data

Gold traded flat on Friday, on track to post its biggest weekly drop in five as strong US economic data supported the case for a near-term increase in interest rates.   The upward revision in US economic growth i

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Business confidence in Middle East drops

Business confidence in the Middle East continued to fall in the second quarter, but not as quickly as it had in the first three months of the year, according to the Global Economic Conditions Survey (GECS) organised by the Association of Chart

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Saudi June non-oil exports sink, imports fall

Saudi Arabia’s imports dropped 9.9 per cent in June compared with a year earlier, while non-oil exports slid 21.1 per cent, data from the Central Department of Statistics and Information showed on Thursday. The kingdom's

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Saudi June non-oil exports sink, imports fall

Saudi Arabia’s imports dropped 9.9 per cent in June compared with a year earlier, while non-oil exports slid 21.1 per cent, data from the Central Department of Statistics and Information showed on Thursday. The kingdom's

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Etisalat, Du report biggest drop in mobile phone users

Leading UAE telecommunications operators Etisalat and Du reported a decline of nearly 649,000 subscribers in June, the largest monthly decline, according to a report.   The total number of mobile phone users decl

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Lenovo cuts 3,200 jobs as sales slide

China's Lenovo Group will lay off 10 per cent of white-collar staff after sales of Motorola handsets fell by a third, raising doubts over the personal computer giant's bet that a money-losing brand it bought for nearly $3 billion will he

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Lenovo cuts 3,200 jobs as sales slide

China's Lenovo Group will lay off 10 per cent of white-collar staff after sales of Motorola handsets fell by a third, raising doubts over the personal computer giant's bet that a money-losing brand it bought for nearly $3 billion will he

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Iraq local wheat production at 3.25m tonnes in 2015

Iraq's local wheat harvest fell to 3.25 million tonnes in 2015 from 3.4 million last year as the country strives for self-sufficiency, the Iraqi Grain Board said in a statement on Wednesday. “Local wheat production cover

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Muscat Port revenues drop 98pc drop in H1

Port Services Corporation (PSC), the joint stock company that operates and manages Muscat’s Port Sultan Qaboos, has reported a 98.1 per cent drop in net profit for the first six months of this year in comparison to figures from the same pe

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