New Delhi: Indian government is considering easing rules for foreign retailers if they agree to sell more locally produced goods, according to an...
New Delhi: Indian government is considering easing rules for foreign retailers if they agree to sell more locally produced goods, according to an...
London: World stocks perched near a record high yesterday after a week when most of the world’s biggest economies either raised rates, or...
Berlin: Reforms to boost productivity are slowing in many countries, raising the risk that some industrialised nations will fall into a trap of...
Harare: Zimbabwe’s central bank has printed half of the ‘bond notes’ quasi-currency it intends to issue under a $200m scheme, a state newspaper...
Brussels: The European Commission on Friday re-instated a near 800-million-euros ($845 million) fine against leading global airlines, including Air France-KLM and British Airways,...
New York: US homebuilding jumped in February as unseasonably warm weather boosted the construction of single-family houses to near a 9-1/2-year high, suggesting...
Water and electric power plants don't mix well naturally, unless you add some wind. Water tends to corrode and short out circuits. So...
Deutsche Lufthansa AG said a slide in fares triggered by excess capacity is beginning to slow, easing the burden on earnings as fuel...
London: Europe’s stock markets pushed higher yesterday, with London striking a new record high, after the Federal Reserve painted a positive picture of...
Swatch Group AG said it’s developing an alternative to the iOS and Android operating systems for smartwatches as Switzerland’s largest maker of timepieces...
Berlin: German Chancellor Angela Merkel and Chinese President Xi Jinping agreed in a phone call yesterday to work together for free trade and...
Istanbul: Turkey’s central bank took another unorthodox tightening step yesterday, hiking the cost of funds from its “late liquidity window” by 75 basis...
London:The British government said it would refer Rupert Murdoch’s planned takeover of European pay-TV group Sky to regulators to decide if the deal...
London: Bank of England policy maker Kristin Forbes voted for an interest-rate increase and some others indicated they may not be far behind...
The Federal Reserve raised its benchmark interest rate by 0.25 percentage points on Wednesday - which made it the third such rate increase...
European bank shares are on a roll, regaining in the past nine months about half of what they lost in the year to...
BRUSSELS/ATHENS: Greece and its international creditors remain divided over the terms of a review of the country’s bailout programme, a senior euro zone...
WASHINGTON: President Donald Trump asked the U.S. Congress on Thursday to approve a 2018 budget that would bolster military programs and begin building...