Sydney: Australia is heading for its first recession in nearly three decades after the economy shrunk in the January-March quarter, with a "far...
Sydney: Australia is heading for its first recession in nearly three decades after the economy shrunk in the January-March quarter, with a "far...
Uday Kotak sold part of his stake in Kotak Mahindra Bank Ltd. for about 69.4 billion rupees ($919 million) as the billionaire cut...
Emerging markets are taking heart from the re-opening of virus-battered economies around the world while the rate of infections in some countries shows...
BERLIN: Schalke thought its troubles were over once the Bundesliga restarted. The Gelsenkirchen-based club was facing insolvency with no football being played because...
BARCELONA: Japan's Nissan Motor Co has decided to close its factory in Barcelona, resulting in the loss of about 2,800 jobs as part...
London: British no-frills airline EasyJet said Thursday that it will axe up to 4,500 jobs, or 30 percent of its workforce, as coronavirus...
Paris: Renault will have to join a French-German project developing batteries in order to receive a five billion euro ($5.4 billion) government rescue...
Rolls-Royce Holdings Plc Chief Executive Officer Warren East’s five-year bid to revive earnings has been shattered by the coronavirus as the U.K. engineering...
Paris: When Eliud Kipchoge made history by beating the two-hour mark for the marathon, the Kenyan was wearing a pair of controversial Nike...
The Italian government is assessing several candidates to head a new state-controlled company to run failed carrier Alitalia SpA, newspaper Il Sole 24...
Tesla Inc. suspended production at its plant on the outskirts of Shanghai, according to people familiar with the matter. The company informed many...
BANGKOK: Shares took a turn for the worse on Monday as tensions between the Trump administration and China over the origins and handling...
Swiss refiner Valcambi SA tried for five straight days last month to move a shipment of gold out of Hong Kong. Twice the...
DUBLIN: Ireland will allow firms impacted by the coronavirus crisis to warehouse tax liabilities for 12 months, offering a "lifeline" as part of...
Japan will release details on Monday of its plan to restart economic activity hit by the coronavirus pandemic, Economy Minister Yasutoshi Nishimura said...
FRANKFURT, Germany: The European economy shrank by a record 3.8% in the first quarter as business activity from hotels and restaurants to construction...
Boeing Co said on Wednesday it would cut its workforce by about 10%, further reduce 787 Dreamliner production and try to boost liquidity...
BERLIN: Mercedes-Benz maker Daimler has seen business stabilise in China after the country ended coronavirus lockdowns, a senior manager at the German carmaker...