TOKYO/WASHINGTON: Toyota Motor Corp said it would call in nearly half a million new Prius and other hybrid cars for braking problems, the third recall in a spiraling safety crisis at the world’s
DOHA: Qatar does not see the need to provide more support to its banks after it spent $900 million on buying bank stakes amid the financial crisis to bolster the sector, its central bank governor said.
FRANKFURT: Troubled automaker Opel laid its cards on the table Tuesday with details of a restructuring plan that will involve 8,300 job cuts and require billions of euros (dollars) in state aid. Opel
JEDDAH/DUBAI: Speculation over dividends and earnings pushed most Middle East markets higher on Tuesday, but gains were limited and investors remained cautious amid an uncertain global outlook and
NICOSIA: Dubai’s newly discovered oil field is unlikely to generate the big cash needed to get the debt-ridden emirate out of the doldrums, analysts say, challenging the government’s claim
RIYADH: The Kingdom’s Tamimi Group, which is celebrating its 30th anniversary this year, has opened a new supermarket in Riyadh to mark the event. Hussein A. Al-Athel, secretary general
WASHINGTON: The national Jordanian airline will participate for the first time in an annual tourism fair taking place in Israel later this month. The International Mediterranean Tourism Market,
NEW YORK: Oil rose over 2 percent on Tuesday as reports of a possible aid package for the troubled Greek economy sent Wall Street higher, weakened the US dollar and supported oil prices. US
