Hamburg: Lufthansa has held talks with the Abu Dhabi government about the future of loss-making Air Berlin, its chief executive said yesterday, although...
Hamburg: Lufthansa has held talks with the Abu Dhabi government about the future of loss-making Air Berlin, its chief executive said yesterday, although...
YOKOHAMA: Chinese Finance Minister Xiao Jie skipped a trilateral conference with his Japanese and South Korean counterparts on Friday to attend an emergency...
Frankfurt: The European Central Bank's chief economist appeared to offer a tiny hint yesterday that the bank might soon begin thinking about scaling...
Out of more than 1,000 flights scheduled to take off or land at Shanghai’s vast Pudong International Airport on Friday, one marks the...
Rome: Google said yesterday that it would pay €306m ($334m) to settle a tax dispute in Italy, where it was under criminal investigation...
Washington: New applications for US jobless benefits fell sharply last week and the number of Americans on unemployment rolls hit a 17-year low,...
Hong Kong: HSBC said yesterday that pre-tax profit fell 19 percent in the first quarter but the bank's chief described them as "a...
London: With roughly half of Europe’s major companies having reported first-quarter results, more than 80 percent of the firms that have reported are...
BERLIN: A German state minister expressed alarm on Thursday at reports Switzerland had a spy in the regional finance ministry to find out...
London: Global gold demand fell 18 percent in the first quarter from a year earlier as US investors abandoned the precious metal after...
LONDON: British new car registrations slumped by 20 percent in April, the biggest year-on-year drop for over six years after record demand in...
LONDON: In the month since Prime Minister Theresa May submitted formal divorce papers, Brexit has been overshadowed by a public display of brinkmanship...
Brussels: Growth in the eurozone remained resilient in the first quarter of 2017 as the economy continued to brush off the unknowns of...
Montreal/London: WestJet Airlines Ltd. plans to order as many as 20 Boeing Co. 787-9 Dreamliners valued at $5.4bn, adding the wide-body to its...
London/Dubai: Opec oil output fell for a fourth straight month in April, a Reuters survey found yesterday, as top exporter Saudi Arabia kept...
At a time when companies from almost any sector can successfully go public, one glaring exception is the consumer credit space. China Rapid...
Michigan: Ford Motor Co., General Motors Co. and Toyota Motor Corp. posted deeper US sales declines than analysts projected, raising the prospect of...
San Francisco/Mumbai: India-based IT services firm Infosys Ltd said it plans to hire 10,000 US workers in the next two years and open...