Middle East North Africa - Financial Network

Demand More is a registered trade mark of MENAFN.COM

  Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced
AFP News
[-] Text [+]

(MENAFN - AFP) Singapore-based Avago Technologies announced plans Thursday to buy rival Broadcom in a $37 billion deal creating a mobile chipmaking powerhouse.

The stock-and-cash deal "creates the world's leading diversified communications semiconductor company," according to a statement from the companies.

The combined firm will have a market value of $77 billion and ...

(MENAFN - AFP) World oil prices rose Thursday on expectations that the latest US stockpiles report will show a further dip in crude reserves as traders worry about a global oversupply, analysts said.

In early afternoon London deals, Brent North Sea crude for July added 29 cents to $62.35 per barrel, compared with Wednesday's closing level.

US benchmark West Texas ...

(MENAFN - AFP) European equity markets traded mixed on Thursday as G7 finance ministers met under the shadow of the Greek crisis, while Asian equities suffered from volatile swings.

In midday deals, London's benchmark FTSE 100 index of top companies rose 0.17 percent to 7,045.20 points, while Frankfurt's DAX 30 fell 0.24 percent to 11,743, and in Paris, the CAC 40 dipped ...

(MENAFN - AFP) Russia's biggest lender Sberbank said Thursday that its first quarter net profit was slashed by more than half compared with a year earlier, as the country's economy slid into recession.

The net profit of the Moscow-based bank, descendant of the savings societies from the tsarist era, fell by 58 percent to 30,6 billion rubles ($584 million, 533 million euros) ...

(MENAFN - AFP) Greece said it hopes to conclude by Sunday a deal with its international creditors to unlock much-needed bailout funds.

"We intend to wrap up the agreement very quickly," Greek government spokesman Gabriel Sakellaridis said at a news conference.

The Greek government is "working on having an agreement by Sunday," he said.

"It is time to draft a text ...

(MENAFN - AFP) The European Central Bank said Thursday that financial stability has increased recently in the euro area, but warned that weak growth in the region and the Greek crisis could pose risks in the future.

"Euro area systemic stress has remained low over the past six months," the ECB wrote in its regular Financial Stability Review.

"This also reflects ECB ...

(MENAFN - AFP) Finance ministers and central bank governors of the Group of Seven wealthiest nations gathered in Dresden Thursday to seek ways of boosting global growth, while the Greek crisis also cast its shadow over the talks.

German Finance Minister Wolfgang Schaeuble had invited his counterparts from Britain, Canada, France, Italy, Japan and the United States for an ...

(MENAFN - AFP) Pitchfork in hand, Hanna Wielgus turns the dark, rich soil of her allotment on a major thoroughfare of the Polish capital known for its monster traffic jams.

Her little vegetable patch sitting on some of the most expensive land in Warsaw has long been eyed greedily by developers, but city authorities vow it will not be sold off.

"I don't know how I'd ...

(MENAFN - AFP) Shanghai plunged 6.5 percent from a more than seven-year high on Thursday, dragging Hong Kong with it, as traders were spooked by liquidity fears and stricter requirements on margin trading.

The steep losses in the mainland came a day after the Shanghai composite index clocked up a seventh-straight gain that saw it advance more than 15 percent.

The benchmark ...

(MENAFN - AFP) Greece's fourth-largest party, pro-EU To Potami, on Thursday pledged to back a new deal between the country and its creditors that could face a rocky ride through parliament.

"Whichever agreement comes to parliament, all To Potami lawmakers will vote for it, without haggling, because the country needs oxygen," party leader Stavros Theodorakis told Skai TV.

To ...

First Previous 3 4 5 6 7 8 9 10 11 12 Next Last


Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help