Cairo: The International Monetary Fund said Friday it will release the second tranche of a $12-billion loan to Egypt, in a "vote of...
Cairo: The International Monetary Fund said Friday it will release the second tranche of a $12-billion loan to Egypt, in a "vote of...
As Coca-Cola Co. Chief Executive Officer James Quincey settles into his new job, he’s facing a challenge that most of his predecessors never...
YANGON, Myanmar: The private ride-hailing service Uber officially launched operations Thursday in Myanmar's main city Yangon, aiming to tap into one of the...
SINGAPORE/KUALA LUMPUR: Demand for gasoline in Asia may peak much earlier than expected as millions of people in China and India buy electric...
Washington: Snapchat's hopes to become the next big social media platform hit a brutal reality check with the first earnings report from parent...
London: London's benchmark FTSE 100 index stagnated and the pound came under pressure Thursday as investors digested a mixed bag of messages from...
London: The Bank of England on Thursday held its main interest rate at a record low 0.25 percent and crimped its economic growth...
Frankfurt am Main: German high-end carmaker BMW issued a veiled warning on Thursday that a bad Brexit deal could see Mini production leave...
Federal Reserve Bank of Boston President Eric Rosengren (pictured) urged his policy-making colleagues to raise interest rates three more times this year and...
Hanover: Volkswagen yesterday rejected investor calls for the carmaker to publish the results of a key investigation into its diesel emissions cheating scandal,...
Frankfurt: Mario Draghi said the European Central Bank’s stimulus hasn’t finished the job yet, even as he acknowledged that the region’s economy is...
Frankfurt: Mario Draghi and Mark Carney are experiencing a role reversal. Previously plagued by Greece’s fiscal crisis and the rise of euro-skeptic populism,...
Oslo: Norway plans to launch the first autonomous and fully electric cargo ship next year that the project's backers said yesterday will save...
Canadian retailers are getting serious about selling stuff over the internet. You can thank Amazon.com Inc. for that. After years in which e-commerce...
Tokyo: Executives at Toyota Motor say both their group sales and operating profit have fallen for the first time in 5 years. Sales...
The Hague: Leading Dutch bank ING said Wednesday its first quarter net profit fell 9.1 percent, but the drop was due to last...
Newly appointed Philippines Central Bank Governor, Nestor Espenilla Jr (C) with Finance Secretary Carlos Dominguez (L) and Presidential Spokesperson Ernesto Abella, mimic the...
Washington: The US has softened its position in talks on global bank-capital rules, easing a months-long deadlock with the European Union and boosting...