Friday 28 August 2015
 
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Gulf airlines diverting traffic, alleges US group

Entry into a US gateway market by a Gulf carrier results in a decline in US carrier's international bookings to and from the region, a new study has claimed. Gulf airlines that fly to US routes have failed to stimulate any mea

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Double joy as giant panda gives birth to twins in US

Giant panda Mei Xiang, a star tourist draw in the US capital, gave birth to a pair of cubs hours apart on Saturday, the National Zoo said. Mei Xiang gave birth to her first cub at 5:34 pm (2134 GMT) after her water broke about an

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US oil imports rise as contango encourages storage

US crude imports topped eight million barrels per day (bpd) last week for only the second time this year, spurring an unexpected rise in stockpiles and sending US oil prices down to a fresh post-crisis low.  

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US military to step up drone flights by 2019

The US military plans to widen its surveillance and firepower in conflict zones worldwide, including in Ukraine and the South China Sea, with a major expansion of US drone flights, the Wall Street Journal reported. The Pentagon pl

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Solexel partners with Saudi investor for financing

Solexel, a leading US-based producer of high-performance solar PV technology, has finalised a round of financing that included Riyadh Valley Company, the venture capital investment arm of King Saud University of Saudi Arabia. 

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Solexel partners with Saudi investor for financing

Solexel, a leading US-based producer of high-performance solar PV technology, has finalised a round of financing that included Riyadh Valley Company, the venture capital investment arm of King Saud University of Saudi Arabia. 

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US approves $150m deal for Bahrain F-16 support

The US government on Friday said it approved a possible sale of $150 million worth of equipment to Bahrain to maintain its fleet of Lockheed Martin Corp F-16 fighter jets. The Pentagon's Defense Security Cooperation Agency, which ov

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US bombing of Islamic State rebels surged in July

The US bombing campaign against Islamic State rebels surged in July as Kurdish fighters pushed into territory held by the militant group in Syria and Iraqi forces prepared an offensive to retake strategic northwestern cities, Pentagon figures

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Gold falls as US data boosts dollar, China fears ease

Gold fell one per cent on Thursday, snapping five sessions of gains, as the dollar strengthened on the back of upbeat US data and concerns eased over further losses in the yuan after the devaluation of the currency by China.  

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Oil remains near 2009 lows on high US stocks

US crude oil prices remained close to their lowest in over six years early on Friday, as rising US stockpiles stoked oversupply and on worries over demand from slowing economies in Asia.   US oil prices tumbled m

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