| Bank of England set to hold rates after upbeat data
 The Bank of England is expected Thursday to hold record-low interest rates and its quantitative easing cash stimulus, after encouraging British ... Fitch upgrades Mexico credit rating over reform drive
 Fitch Ratings upgraded Mexico's sovereign credit rating on Wednesday, citing what it called the country's strong economic fundamentals and commitment ... Electric car maker Tesla posts first profit
 Tesla Motors said Wednesday it posted its first-ever quarterly profit as the electric carmaker beat its own forecasts and surprised market ... China e-commerce giant Alibaba to open sesame with IPO
 As Alibaba chief Jack Ma steps aside after building the world's largest online retailer, the Chinese firm is preparing a huge stock offer prompting ... China inflation accelerates in April
 Inflation in China accelerated to 2.4 percent year-on-year in April, official data showed Thursday, above market expectations, but analysts said ... Saudi- Schools may face cap on fee increases The Ministry of Education is introducing new rules to prevent private schools from raising their fees without its prior approval, says a top ... 27% net profits slump reported by Kuwait's Zain Kuwait's Zain announced that its net profits during the first 3 months of the year declined by 27 percent, reported Arabian Business. The company's net ... China reports 2.4% inflation growth in April
China's National Bureau of Statistics announced that the country's inflation increased by 2.4 percent in April, after it was 2.1 percent in March, reported ... Toyota's annual net profit hikes 239.6% to USD9.7b
Toyota Motor Corp. announced that its annual profit soared by 239.6 percent, reaching USD9.72 billion, reported Xinhua News. The Japanese automaker ... China posts 2.6% fall in April's PPI
China's National Bureau of Statistics announced that last month, the country's producer price index declined by 2.6 percent, reported Xinhua ... Australia's NAB half-year profits up 23%
 National Australia Bank posted a 22.8 percent jump in first-half net profit Thursday on the back of higher revenue from personal and wholesale ... 'Action plan' due for eurozone straggler Slovenia
 The new government of struggling eurozone member Slovenia is expected to announce Thursday an action plan aimed at avoiding a bailout, reportedly ... Haiti lawyers give UN cholera compensation deadline
 Victims of a Haiti cholera epidemic widely blamed on UN peacekeepers gave the United Nations 60 days to clinch a compensation deal or face a lawsuit ... Saudi- 2012 'was a banner year for sukuk in Kingdom'
 Sukuk has become a global trend, with countries increasingly finding it instrumental to develop their economies. This was among the ... Saudi- Schools refuse to admit diabetic child
 Mohammed Mufaqqam Khan is a smart little boy who is eager to go to school. Because he has diabetes type 1, which requires insulin injections ... Saudi- Fake engineers being deported
 The presence of bogus engineers in the Kingdom goes against ethics and a spirit of professionalism, said Abdullah Shahri, director for the ... Saudi- 214 new hotels to be built in two years A total of 214 new hotels will be built in the Kingdom over the next two years, according to an official from the Saudi Commission for Tourism ... | 
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