As Thomas Mirow considers potential acquirers for HSH Nordbank AG, the German state-owned lender put up for sale this week, he says a...
As Thomas Mirow considers potential acquirers for HSH Nordbank AG, the German state-owned lender put up for sale this week, he says a...
TOKYO: Talk of a possible 20 percent tax on U.S. imports from Mexico is raising eyebrows in Asia, where exports to the U.S....
London: Oil prices were driven higher by a weakening dollar yesterday, although gains were capped by plentiful supplies and bulging inventories in spite...
Washington: Ford Motor Co.’s profit dropped, matching analysts’ estimates, in the last quarter before the US carmaker began to transform from campaign-trail target...
Helped by the recovery in the prices of oil, equities in the Middle East have registered a robust growth. Middle East markets have...
New York: Johnson & Johnson agreed to buy Actelion Ltd. for $30bn and spin off the Swiss drugmaker’s research and development operations, clinching...
London: Gold fell to a two-week low yesterday as the dollar firmed, US Treasury bond yields rose and equity markets rallied, but expectations...
Chicago: Caterpillar Inc, the world’s largest construction and equipment maker, forecast 2017 profit sharply below analysts’ estimates, hurt by sluggish demand in the...
Washington: New US single-family home sales fell to a 10-month low in December after three straight months of solid gains, but the housing...
Rio De Janiero: Brazil's federal government is likely to agree debt relief for the state of Rio de Janeiro worth about 50bn reais...
New York: Fiat Chrysler Automobiles NV expects debt to fall by at least 45 percent this year as the Italian-American carmaker enters the...
FRANKFURT: The compliance chief brought in to help Volkswagen recover from its emissions scandal is leaving the management board at the end of...
Hong Kong: The global rally in stocks pushed into another day, with Tokyo leading a surge in Asian markets Thursday following another record...
London: Gold prices fell yesterday as renewed hopes that US President Donald Trump will unleash growth-friendly spending policies boosted shares and eroded bullion's...
San Francisco: Cisco Systems Inc said that it has agreed to buy US business software company AppDynamics Inc for about $3.7bn, making one...
Beijing: China’s insurance regulator banned insurers from jointly acquiring listed companies with investors from other industries, stepping up curbs on their investments to...
New York: Prices for credits used by refiners to show compliance with the US biofuel mandate plunged after President Donald Trump’s administration ordered...
New York: US aerospace giant Boeing projected higher commercial aircraft deliveries in 2017 compared with last year, and reported a 59 percent surge...