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(MENAFN - AFP) Saudi Prince Faisal Al Shalan is an equestrian rider at Rio, the latest in a long list of kings and queens, barons and counts to throw their titles into the court of the Olympics.

The Games' deep regal roots began with Nero, the Roman Emperor and if history is to be believed the most successful Olympian of all time.

At the AD67 Games in Olympia the autocratic ...

 
(MENAFN - AFP) Chinese telecoms equipment giant Huawei said on Monday that revenue surged 40 percent year-on-year in the first half of 2016, boosted by steady growth in smartphone sales.

Total sales revenue reached 245.5 billion yuan ($36.7 billion) in January-June, audited results released in a company statement showed.

The company did not provide a breakdown of the ...

 
(MENAFN - AFP) Japanese stocks rallied again on Monday following another Wall Street record as dealers look ahead to central bank meetings in Japan and the United States but other Asian markets struggled after racking up healthy recent gains.

The bank policymakers' gatherings are the first since last month's shock vote in Britain to leave the European Union, which led to ...

 
(MENAFN - AFP) Shares in Nintendo plunged Monday after it warned that the Pokemon Go mania sweeping the world would not translate into bumper profits, taking the wind out of a dizzying rally that saw the firm's value more than double.

The stock dived 17 percent to 23,405 yen by the break after the Kyoto-based firm warned in a statement Friday evening that the hugely popular ...

 
(MENAFN - AFP) Japan on Monday posted its first half-year trade surplus since the 2011 Fukushima nuclear disaster, after the accident sent energy import bills soaring and led to a string of deficits.

The world's third largest economy logged a January-June surplus of 1.8 trillion yen ($17 billion), against a 1.69 trillion yen deficit in the same period last year, the finance ...

 
(MENAFN - AFP) Nintendo shares dived Monday after it warned that the Pokemon Go mania sweeping the world would not translate into bumper profits for the Japanese videogame giant.

The stock plunged about 16 percent to 23,720 yen in early trading after it more than doubled in a huge rally following the game's release earlier this month -- making it more valuable than Sony at ...

 
(MENAFN - AFP) Japan posted its first half-year trade surplus since the 2011 Fukushima nuclear disaster, after the accident sent the country's energy import bills soaring, data showed on Monday.

The world's third largest economy logged a January-June surplus of 1.8 trillion yen ($17.06 billion), against a 1.69 trillion yen deficit in the same period last year, the finance ...

 
(MENAFN - AFP) British MPs branded a billionaire tycoon the "unacceptable face of capitalism" in a report on Monday about the collapse of department store chain BHS which caused the loss of 11,000 jobs.

The lawmakers also called on former boss Philip Green to address "urgently" the shortfalls in a pension fund of 20,000 former employees.

"The tragedy is that those who ...

 
(MENAFN - AFP) "Star Trek Beyond" boldly went to the top of the box office in its weekend debut, sending "The Secret Life of Pets" to the doghouse in the number two spot.

Paramount's "Star Trek Beyond," the latest installment in the 50-year-old franchise, beamed up $59.6 million in gross receipts, according to estimates released by industry tracker Exhibitor Relations on ...

 
(MENAFN - AFP) Britain's finance minister warned Brexit would cast a "shadow" over the world economy but said he was eyeing a free trade deal with China in interviews with the BBC and Sky News on Sunday.

Speaking on the sidelines of the G20 meeting of leading world economies in Chengdu, China, Philip Hammond told Sky that the vote to leave the EU was "not the only shadow ...

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