Archive for the February 1, 2019
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Finnish telecoms equipment maker Nokia published better-than-expected fourth-quarter results on Thursday, but revised downward its forecast for its networks business in early 2019. Nokia reported a profit of 193 million euros ($221 million) for October-December
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Saudi Arabia's economy grew at a pace of 2.21 percent in 2018, buoyed by strong oil sector growth and recovering from a contraction in 2017 when the economy was hurt by weak oil prices and
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Central banks have bought the most gold in nearly 50 years as the precious metal profits from its safehaven status, the World Gold Council said Thursday, amid trade tensions and Brexit uncertainty. The banks added
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Royal Dutch Shell on Thursday said that net profit surged 80 percent to $23.4 billion in 2018, thanks to higher oil prices and cost cuts. Profit after tax had come in at almost $13 billion
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Royal Dutch Shell on Thursday said that net profit surged 80 percent to $23.4 billion in 2018, thanks to higher oil prices and cost cuts. Profit after tax had come in at almost $13 billion
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Israeli officials went to sea Thursday to mark the arrival of the platform jacket for Leviathan, a major step in the "revolution" the massive gas reservoir is expected to generate. "The Leviathan gas field is
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Facebook said Wednesday that quarterly profit climbed to an all-time record $6.9 billion as it boosted its global user base despite scandals that have dented the leading social network's image. Revenue soared 30 percent from
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The Italian economy contracted in the fourth quarter of 2018, dragged down by slowing European growth and global trade tensions, plunging the country into a technical recession, official data showed Thursday. The 0.2 percent contraction
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An official survey that has been withheld by the government shows India's unemployment rate rose to a 45-year high during 2017-2018, the Business Standard newspaper reported on Thursday, delivering a blow to Prime Minister Narendra
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Liverpool wasted a chance to take complete control of the Premier League title race as Leicester earned a 1-1 draw against the leaders, while Chelsea's bid for a top-four finish was rocked by a humiliating
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