Frankfurt: German chemicals giant BASF yesterday said it expected higher oil prices to push up earnings this year after a challenging 2016, when...
Frankfurt: German chemicals giant BASF yesterday said it expected higher oil prices to push up earnings this year after a challenging 2016, when...
Hong Kong: Asia-focused bank Standard Chartered yesterday announced it swung back to profitability, after it was able dampen the effect of bad loans....
London: Gold doesn’t offer yield. Junior miners may, and a leveraged exchange-traded fund tracking them has investors flocking to it. As the Direxion...
The dollar hit a six-week high against the euro Wednesday. The wider forex market, however, tells us that this latest move is mostly...
London: Merck & Co., one of the US’s biggest drug-makers, will write down most of what it paid for a promising, experimental hepatitis...
PARIS: France’s Safran has rejected criticism by a UK hedge fund over the strategy, structure and financial terms of a proposed $9 billion...
Berlin: China for the first time became Germany's most important trading partner in 2016, overtaking the United States, which fell back to third...
London: Royal Bank of Scotland said Friday that annual losses more than trebled in 2016 on litigation and restructuring costs, triggering more job...
London: Britain's business minister Greg Clark said he discussed with the chief executive of Peugeot the firm's approach to expand production, rather than...
Ottawa: Consumer prices in Canada jumped 2.1 percent in January over the same period last year, a stronger-than-expected increase triggered by a surge...
Johannesburg: South Africa’s central bank wants commercial lenders involved in the rand currency rigging scandal to be held accountable, deputy governor Daniel Mminele...
Beijing: Baidu Inc posted quarterly revenue that topped analysts’ estimates as it pushes into new businesses such as news aggregation to overcome government...
London: Boeing has chosen to open its first European factory in Britain, the US aircraft giant said yesterday, in a boost for UK...
At least four of Wall Street’s biggest banks are breaking with their bulge-bracket brethren, telling clients that the Federal Reserve will probably raise...
Top advisers to French presidential candidate Marine Le Pen have met with strategists and analysts from BlackRock Inc, Barclays Plc and UBS Group...
Tokyo: Nissan chief executive Carlos Ghosn (pictured) said yesterday he will quit the post to focus on overhauling scandal-hit Mitsubishi Motors, but will...
Madrid: Former IMF chief Rodrigo Rato was handed a jail sentence of four years and six months yesterday for misusing funds when he...
London: Gold prices hit a three-month high yesterday after the minutes of the latest Federal Reserve policy meeting further dampened expectations of an...
