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A customer gets the tank of her car filled at a Sinopec gas station in Qingdao, Shandong province. State-controlled oil giant Sinopec Corp on Sunday unveiled a plan to sell a $17.5 billion stake in its retail business, marking the country’s biggest privatisation push since President Xi Jinping came to power almost two years ago.

China Sinopec unit to sell 30% marketing stake

The move has been hailed by state media as the first among the nation’s three largest energy firms to introduce more diversified ownership

US shoppers unfazed by retailer data breaches

Latest hit on Home Depot may not create much of a dent with store’s shoppers

A pedestrian walks past a shop selling Scottish memorabilia in Edinburgh. Two-thirds of almost
1,800 small Scottish companies surveyed in April and May said that independence would
affect the day-to-day running of their business.

Scottish small businesses are worried

Many worry over the impact of a Yes vote while still holding hope of independence

Eike Batista, Chairman and CEO of EBX Group

Brazil seeks to freeze $641m of Batista’s assets

Eike Batista accused of market manipulation and overstating the market value of OGX oil wells

Gulf News Archives

Global takaful contribution expected to hit $20b

Contributions in the GCC projected to surge 13 per cent this year










Retail Gold Rate

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Douglas Okasaki writes about media and more

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