Axis MF, the fund management firm backed by Axis bank, is projecting to be in the black for the year because of its diversified offers.

In a bid to ease the pressure on its public finances, Oman is set to issue an international bond as well as a sovereign bond next year.

The Central Bank of China said last Sunday that it would keep policy steady to cope with economic uncertainties.

The exclusive discussion for Etisalat’s proposal to acquire Vivendi’s stake in Maroc Telecom had been extended up to October 31.

CEO resignation would not deter the merger of the two Omani banks. In an announcement, Bank Dhofar's CEO Anthony Mahoney had resigned from the bank.

The escalator at Harrods would undergo a major facelift and renovation. Qatar's newly acquired luxury London department store, Harrod's, had laid out plans to undertake a multi-million renovation as part of the investment from the Gulf state in the world renowned brand.

After more than dismal last quarter financial reports, BlackBerry is contemplating its exit from the smartphone market.

Due to the loss of support from the largest shareholders of Telecom Italia, CEO Franco Bernabe is planning to submit his resignation on October 3.

JPMorgan's CEO met with the US Attorney General to finalize a settlement on the mortgage backed securities fraud investigations.

Noticing the number of Facebook employees leaving the social media company, a Techcrunch report suggested that forming a new venture capital group would make sense to curtail the employee attrition.