| UniCredit reports profit slump, but beats expectations
 Italy's top bank, UniCredit, reported on Friday a first-quarter 50.9-percent profit drop to 449 million euros from the figure at the ... Icahn revamps Dell offer, calls buyout 'giveaway'
 A battle over US computer giant Dell heated up Friday as corporate raider Carl Icahn and other investors made a new offer and called a planned buyout ... OPEC sticks to 2013 oil demand projection
 OPEC said on Friday that it still expects global oil demand to inch higher in 2013 despite a weaker-than-expected first quarter and concerns about ... Kuwait- Ministry staffer caught taking bribes, forging docus An employee of Ministry of Communications was arrested recently for receiving bribes from residents of Ahmadi area for forging official ... US budget gap narrows as April posts surplus
 The United States's yawning annual budget deficit narrowed in April as government coffers brimmed with the largest monthly surplus in five years, ... Facebook eyes $1bn deal for GPS app Waze
 Facebook is in talks on a potential $1 billion deal to buy the Israel-based GPS mobile navigation app Waze, The Wall Street Journal reported.The ... Saudi Arabia launches first F15-SA jet plane at Missouri ceremony
 The Saudi Air Force recently launched its F15-SA jet plane at an inauguration ceremony held at a Boeing site based in St. Louis, Missouri. ... Nokia to launch Asha 501 in Saudi Kingdom soon
 Nokia is preparing to launch Asha 501 across the Saudi market in July. A senior Nokia executive made this announcement as the company unveiled ... Saudi- Market cap surges to SR1.45 trillion Saudi Arabia's benchmark stock index continued its upward march for the third straight week, advancing 0.43 percent further. The Tadawul ... Sukuk success for Saudi firms The Guidance Financial Group has advised Al-Bayan Group Holding Company on the establishment of a 1.0 billion Malaysian ringgit sukuk ... Al-Naimi: New supplies add depth to world oil markets
 Saudi Arabia welcomes additional supplies from other producers that may help to stabilize oil prices, said Petroleum and Mineral Resources ... Weak currency helps Japan's exporters
The dollar soared above 100 yen for the first time in more than four years Friday, driven by aggressive credit-easing aimed at reviving ... Air India to resume flying Boeing Dreamliners soon
Air India says it has started test flights of its Dreamliner fleet with new battery packs and is likely to put them back into service by the ... US- Treasury announces sale of 58.4m shares of GM stock
The US Treasury Department announced that it has lowered its stake in General Motors through the sale of 58.4 million shares of the carmaker's stock this ... US Postal Service incurs USD1.9b loss in Q2
The US Postal Service announced that it incurred a USD1.9-billion loss during the second quarter, less than the loss of USD3.2 billion it posted in last ... | 
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