London: German short-dated government bond yields hit a six-week low yesterday as investors detected a softening in the Federal Reserve’s inflation view that...
London: German short-dated government bond yields hit a six-week low yesterday as investors detected a softening in the Federal Reserve’s inflation view that...
Frankfurt: The world’s biggest luxury carmaker Daimler reported strong financial results for the first half yesterday, but the performance was shaded by scandals...
Chancellor of the Exchequer Philip Hammond said the U.K. wanted discussions with the European Union over transitional arrangements to start as soon as...
London: Over half a billion dollars were poured into British financial technology companies in the first half of 2017, over a third more...
Detroit: Ford Motor Co yesterday reported a better-than-expected quarterly net profit due to a lower tax rate and increased US sales of more-profitable...
New York: Strong earnings boosted U S stocks yesterday, driving the S&P 500 .SPX to a record high while also sending a popular...
Colmbo: Sri Lanka’s cabinet cleared a revised agreement for its Chinese-built southern port of Hambantota yesterday, the government said, after terms of the...
Beijing: China’s Foreign Ministry has urged a halt to oil drilling in a disputed part of the South China Sea, where Spanish oil...
London: U S retailer Michael Kors has agreed to buy luxury shoemaker Jimmy Choo for $1.2bn, snapping up a British company whose towering...
London/Athens: Greece sold debt to private investors for the first time in three years yesterday, a significant step towards gaining financial independence and...
New York: General Motors saw profits plunge in the second quarter after it took a hit from the cost of shuttering less profitable...
Mumbai: India's stock markets hit record highs on Tuesday with the National Stock Exchange's much-watched Nifty index breaking the psychological 10,000-point mark for...
London: US fashion brand Michael Kors on Tuesday agreed to buy British shoemaker to the stars Jimmy Choo for almost £900 million ($1.2...
Brussels: Eurozone private sector business activity slowed in July for the second month running but was still running near six-year highs, a closely...
Shanghai: China’s blue-chip index hovered near 18-month highs yesterday amid signs that fund managers are ramping up their bets on industry leaders such...
London: Britain has suffered the biggest downgrade of economic growth projections by the International Monetary Fund (IMF) for the world’s rich nations this...
London: Bond yields in Italy and Portugal hit their lowest levels in around a month yesterday, leading a fall in eurozone borrowing costs...
European equities sank yesterday on poor data, airline sector turbulence and the strong euro, which neared a two-year dollar peak. Just after midday,...