Business

RIM restores service after BlackBerry outage 22 Sep 2012 - 04:54 am

TORONTO/LONDON: Research In Motion Ltd said it had restored service to all BlackBerry users affected by a service outage in Europe yesterday. The...

European stock markets rise 22 Sep 2012 - 04:52 am

LONDON: Europe’s main stock markets mostly rose yesterday on mounting speculation over a potential new international bailout deal for debt-ridden Spain, dealers said....

Xstrata puts off response to Glencore merger bid 22 Sep 2012 - 04:51 am

ZURICH: Swiss mining group Xstrata said yesterday that it would put off responding to a sweetened merger bid from commodities giant Glencore until...

Gold price hits new record 22 Sep 2012 - 04:51 am

LONDON: Gold prices rose 1 percent yesterday to six-and-a-half month highs as expectations that central bank measures to stimulate growth would boost liquidity,...

India unveils more reforms; stocks surge 22 Sep 2012 - 04:51 am

NEW DELHI: India moved yesterday to encourage investors to put more money in the stock market and spur companies to borrow cheaply abroad...

Brent crude tops $111 a barrel 22 Sep 2012 - 04:50 am

NEW YORK: Oil rose for a second straight session yesterday as supply concerns and economic optimism fuelled a rebound from a 7 percent...

Facebook switches off facial-recognition tool 22 Sep 2012 - 04:49 am

LONDON: Facebook said yesterday that it had switched off the facial-recognition tool that prompts users to “tag” photographs uploaded to its website following...