Business Blog

The ECB hopes the event, which will count central bank governors among attendees, will become as prestigious as the Fed Reserve’s Jackson Hole retreat

The Islamic banking profit pool across key markets such as Qatar, Indonesia, Saudi Arabia, Malaysia, UAE and Turkey are expected to exceed USD25 billion by 2018, according to latest projections by EY.

The Islamic banking profit pool across key markets such as Qatar, Indonesia, Saudi Arabia, Malaysia, UAE and Turkey are expected to exceed USD25 billion by 2018, according to latest projections by EY.

Oil boss Igor Sechin, facing sanctions by US last month, laughed off the impact of the move, saying sanctions ‘don’t seem so threatening any more’

Economist said the available data on wealth was “imperfect” but insisted there was widespread recognition that his central thesis was correct

Hindustan Motors has suspended work at the plant making India's first car, the Ambassador, blaming a lack of demand and financing.