Cairo, Moscow to build 1st nuclear plant

Cairo, Moscow to build 1st nuclear plant in Egypt Egyptian President Abdel-Fattah el-Sisi (R) shakes hands with his Russian counterpart Vladimir Putin during their meeting...

Siemens to cut 7,800 jobs

Siemens to cut 7,800 jobs globally Engineering giant Siemens has announced another round of massive cutbacks as it continues its aggressive push to overhaul its...

Oil export losses to reach $300 billion

Oil export losses to reach $300 billion in Middle East Oil prices are now hovering near six-year lows amid expectations of an abundance of supply...

Adds $200 billion to global economy

Facebook report says it adds more than $200 billion to global economy (Reuters) - With 1.35 billion users of its Internet social network, Facebook Inc...

Moody’s downgrades Russia

Moody's downgrades Russia amid oil slide Moody's Investors Service has cut its rating for Russian government bonds by one notch, putting them a rung above...

Egypt gas imports from Israel

Egypt considers gas imports from Israel Egypt is going through its worst energy crisis in decades and is seeking fresh sources of natural gas. (Shutterstock) Egypt...

Saudi projects 2015 budget deficit of 145b riyals

Saudi projects 2015 budget deficit of 145b riyals Dubai: Saudi Arabia projected a budget deficit of 145 billion riyals (Dh141.98 billion) in 2015 for the...

IEA cuts 2015 oil demand

IEA cuts 2015 oil demand outlook Pipes are pictured at the El Sharara oilfield in Libya. The International Energy Agency says oil prices will likely...

China industrial output disappoints

China industrial output disappoints economists The latest figures for China's industrial output are unmatched by any large Western economy. But analysts are disappointed nonetheless, viewing...

German exports smash

German exports smash yet another record An increase in geopolitical tensions has not stopped German exports from rising steadily, fresh figures for October have shown....

Oil Prices Plunge

Oil prices plunge after OPEC leaves output stable The Organization of Petroleum Exporting Countries (OPEC) has decided not to reduce oil production, despite a huge...

Symantec Is Laying Off 2,000 Employees

Symantec Is Laying Off 2,000 Employees As It Splits In Half Symantec, the security software company that announced plans to split in half last month,...

German Industrial Production Comes In Weak

German Industrial Production Comes In Weak Industrial production was up 1.4% in September, below expectations. That doesn't make up for even half of the previous month's...

The World’s 100 Most Desirable Employers

Everyone wants to work in tech these days — especially for big-name companies like Google, Apple, Microsoft, and Facebook. In fact, these tech giants topped...
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