Friday 30 September 2016
 
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Sterling plunges to 31-year low, as UK votes Brexit

British markets plunged on Friday, with sterling hitting a 31-year low in its biggest fall on record and UK stock futures pointing to a steep fall at the market open after Britons voted to leave the European Union. Bonds also sold

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Harmony of the Seas set for inaugural voyage

Harmony of the Seas, the Royal Caribbean’s biggest- ever ship, is set for its inaugural sea voyage this month on a western Mediterranean itinerary. At 361-m in length, it’s longer than both the Eiffel Tower and Burj Al Arab

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Milaha takes delivery of ‘biggest’ life boat

Qatar Navigation (Milaha), a leader in marine transportation and offshore support services, has taken delivery of a new lift boat which will be deployed offshore, particularly in support of its field maintenance efforts. Abdulrahm

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Royal Caribbean to launch world's biggest ship

Royal Caribbean, a leading cruise line brand, is taking family fun to new heights on-board Harmony of the Seas the world's biggest ship with First-at-sea features. The newest addition to Royal Caribbean International's awa

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Oil rises 6pc but set for biggest January fall in 25 years

Oil rose by more than six per cent on Friday, as a cold snap boosted demand for heating oil across the United States and Europe, but was still mired near its lowest since 2003 and set for its largest drop in January in at least 25 years.

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M&A bankers toast a bumper year discreetly

Bankers are celebrating the biggest year on record for mergers and acquisitions with magnums of champagne and slap-up dinners: just don't expect to read about it on Facebook.   Conscious of the poor optics of

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Gold set for biggest weekly rise as stocks, dollar slide

Gold steadied on Friday after a rally to six-week highs ran out of steam, but it remained on track for the biggest weekly rise since mid-January as more bad economic data from China battered financial markets.  

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Gold sags to 5-1/2-year low, heads for worst week since Oct

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.

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Saudi Arabia to remain dominant in GCC construction market

Saudi Arabia is likely to remain the dominant construction market in the GCC for the foreseeable future, with an estimated $200 billion spend in construction planned over the next two years and much more in the pipeline, according to a report.

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Gold stays on track for biggest weekly gain since Jan

Gold held near two-week highs on Friday, on track for its biggest weekly jump since January, after the US Federal Reserve sounded a cautious note on interest rates, arresting a dollar rally. The US currency headed for its worst we

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