Business Blog

Budget carrier Dubai Aviation Corp, known as flydubai, posted a 40 percent increase in net profit in the six months to June 30, it said in an investor presentation to market its potential debut sukuk.

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Continued low interest rates and mortgage market competition have led to another fall in the number of homes repossessed in the UK, figures show.

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* Brent crude at 4-year low as Saudis aloof on output cuts* European shares recover 0.5 pct after falls on Wednesday* Dollar softens near seven-year high vs yenBy Marc JonesLONDON, Nov 13 (Reuters) - Oil fell below $80 a barrel for the first time since 2010 on Thursday, as more evidence of a slowdown in China&aposs resource-hungry economy chimed with OPEC warning of a substantial drop in demand ne

* Brent crude at 4-year low as Saudis aloof on output cuts* European shares recover 0.4 pct after falls on Wednesday* Dollar near seven-year high vs yenBy Marc JonesLONDON, Nov 13 (Reuters) - Oil fell below $80 a barrel for the first time since 2010 on Thursday, as more evidence of a slowdown in China&aposs resource-hungry economy chimed with OPEC warning of a substantial drop in demand next year.