Bahrain's poultry farmers are fearing for their future in the wake of planned subsidy cuts, due to come into effect later this year.
They held a crisis meeting yesterday (July 27) in a bid to devise a strategy for keeping pric
Boeing Co, which loses about $23 million on every 787 Dreamliner passenger jet that leaves the factory, is trying to stem the losses by cutting the use of one of its signature ingredients: titanium.
The strong, lightweight alloy u
Gold slid more than one per cent to its lowest since 2010 on Friday (July 24), on course for its biggest weekly loss in nine months, as strong US jobs data helped deepen this week's rout and fuelled fears the metal has some way to fall yet.
Gold was on the brink of five year lows on Tuesday (July 21), with more losses expected in the coming months following Monday's ‘bear raid’ when sellers dumped an estimated 33 tonnes in just two minutes.
Telecom operator Zain Saudi reported a narrowing second-quarter loss on Wednesday, beating analyst forecasts as its operational performance improved.
The company has yet to make a quarterly profit since launching services in 2008
Japan's once-mighty electronics makers have lost billions of dollars from TVs but Sony Corp and Panasonic Corp won't quit, saying retreating from the world's living rooms would close the door to more promising businesses.
Qalaa Holdings, one of Egypt's largest investment firms, has reported a first-quarter net loss after tax and minority interests of 112.2 million Egyptian pounds ($14.71 million) versus a net loss of 231.9 million pounds in the same period la
Jet Airways said it made a net loss of 21 billion rupees ($329 million) in the year ending in March, about half the size of the loss it made last year, after earning more in passenger revenues.
For the final quarter of the year, J
Marka, a Dubai-based retail operating company, has posted a net loss on Dh8.3 million ($2.28 million) for the three months ending on March 31, not reflecting the recent acquisitions or operational activities.
The operational highl
Royal Jordanian (RJ), the flag carrier of Jordan, has reported a 64 per cent decrease in net loss in the first quarter of the year, to JD8.3 million ($11.6 million) from JD23 million ($32.3 million) incurred in the same period last year.