Industry

US consumer sentiment fell in August

Survey indicates a drop in US consumer sentiment after a six month high. After a six year high, consumer sentiment in the United States fell in August despite being upbeat in their outlook in the early part of the month.


India won't convert idle gold to bullion- central bank

The Federal Reserve Bank of India said that it would not convert idle gold into bullion. India's central bank said it does not plan to convert the country's idle gold to bullion.

Moody's post positive review on Oman's Islamic banking sector

Moody's the ratings agency said that the Islamic banking sector of Oman would grow between six and eight percent in the next five years.

New GCC firms rely on lawyers for IPO expertise

An increasing number of GCC firms have relied on their lawyers for expertise in undertaking IPO transactions.


Latest News

propertyfinder.ae CEO and founder said that another property price bubble is in the making in Dubai.
Reuters columnist Allison Schrager dissects the cause of unemployment in the US. Is the cause of unemployment in the US structural or cyclical? This was the question that Reuters columnist Allison Schrager attempted to answer in her column.
The Consumer Confidence Index of the US in August increased. The Conference Board, an independent business membership and research group, revealed that consumer confidence in the US increased in August.
As data showed a recovery in the economy, an economist said the Federal Reserve would most likely stay on its September schedule to start easing its monetary stimulus.
Pentagon said it still wanted foreign companies to do business in the US, but takeovers must not put national security at risk.
Private equity firms perform at higher levels in terms of buyout financing compared to the previous year.
The new agreement between US and Swiss governments would allow payment of fines or deferment of prosecution from tax evasion committed by US clients.
Wal-Mart, together with other North American companies, banded together to create the Alliance for Bangladesh Worker Safety.
A second financial crisis was predicted to hit Asia in the next 12 to 18 months that originated from the US after its Federal Reserve announced stimulus reduction.
Two more operators join the 4G race in Britain as it jumps into the superfast mobile top division. Britain is preparing to launch itself into the superfast mobile top division as two more operators launch 4G services.
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