NEW YORK: Wall Street closed mixed Wednesday as a decline in oil prices were balanced with gains by investment banks. The Dow decreased...
NEW YORK: Wall Street closed mixed Wednesday as a decline in oil prices were balanced with gains by investment banks. The Dow decreased...
Beijing: China will lower its 2017 economic growth target to around 6.5 percent from last year’s 6.5-7 percent, policy sources said, reinforcing a...
US motor giant Ford yesterday recalled 4,500 1.6-litre Kuga cars in South Africa after nearly 40 incidents in which vehicles were reported to...
London: Sterling skidded to its lowest levels - bar a “flash crash” in October - in 32 years yesterday, hit by fears that...
London: London Stock Exchange Group (LSEG) said yesterday it had no plans to shift the operations of its LCH clearing business from Britain...
Washington: The International Monetary Fund yesterday boosted its estimates for US growth on expected stimulus spending by the incoming Trump administration, but kept...
Milan: From the small factory he founded in 1961 near Venice, Leonardo Del Vecchio created an eyeglasses empire, and at 81 is invading...
Brussels: British foreign minister Boris Johnson said on Monday that US President-elect Donald Trump's offer of a quick trade deal with Britain as...
Paris: French lensmaker Essilor has agreed to buy Italy's Luxottica, maker of Ray-Ban sunglasses, in a bid to create a new global giant...
Paris: Donald Trump has been crowing as companies including Ford renounce plans to move factories to Mexico. But the main beneficiaries of this...
New Delhi: A major acquisition by Indian budget airline SpiceJet this week underscored the vast potential of the world's fastest-growing aviation market, but...
SALT LAKE CITY: Footwear’s position as the second largest segment in lucrative outdoor retail industry is on full display at a trade expo...
BOGOR, Indonesia: Indonesia and Japan have agreed to step up maritime security and start discussions on a major railway project to link the...
MELBOURNE, Australia: Australian Prime Minister Malcolm Turnbull and Japanese Prime Minister Shinzo Abe have committed to strengthen defense ties and pursue one of...
Brussels: The European Union's chief Brexit negotiator warned yesterday the bloc must be aware of the risk to financial stability during what are...
London: Faster UK inflation is putting the Bank of England on track for a rate hike. That’s according to the latest Bloomberg News...
Beijing: US hard-disk drive manufacturer Seagate Technology will lay off more than 2,000 Chinese workers as it shutters a factory in eastern China,...
Washington: Ratings agency Moody's has agreed to pay nearly $864 million in a settlement with the US authorities over its inflated ratings of...