Seoul: Hyundai Motor and affiliate Kia Motors yesterday forecast global sales to rebound in 2017 by a stronger-than-expected 5 percent, after posting their...
Mumbai: Smartphone component maker Wistron Corp, which counts Apple Inc among its customers, has applied for permission to expand its plant in the...
Dar Es Salaam: Tanzanian President John Magufuli sacked the head of the state-run electricity company on Sunday after the firm put up tariffs,...
London: The heads of five of Britain’s biggest trade bodies urged the UK to draw on industry’s experience as the government negotiates the...
Beijing: China’s official factory gauge stabilised near a post-2012 high in December, capping a year of steady improvement and signalling policy makers have...
MEXICO CITY: The holiday season has been a little less merry for car owners in Mexico as gasoline shortages in many parts of...
London: Switzerland's luxury watch sector can profit from a smart-watch boom as more consumers seek high-end versions of the technology, an industry veteran...
US stocks completed the fourth annual gain since 2011 on the longest losing streak since the election, while oil and gold posted the...
F. Ross Johnson, the RJR Nabisco Inc. chief executive officer whose efforts to take the company private in the 1980s led to the...
The year 2016 hasn’t been a brilliant year for Silicon Valley. Lawsuits and regulatory investigations have shed light on the antics of high-profile...
Seoul: South Korea's exports fell 5.9% last year from a year earlier due largely to a drop in global demand and weak oil...
New York: Greenlight Capital, the hedge fund led by David Einhorn, rose 1.6 percent in December, riding a year-end rally in US stocks....
Beijing: China will further tighten controls on individuals' foreign currency purchases to try to curb massive capital flight from the country as the...
Beijing: Manufacturing activity in China slowed slightly in December, official figures showed Sunday, as the world's second largest economy stabilises. The official purchasing...
Bloomberg has listed out the bhsiness and finance stories that matter most in 2017. Here's a selection of key events for the year....
New York: Commodities had a resurgence in 2016, with the first annual advance since 2010. The gains will continue next year for many...
Beijing: Taiwan tech-giant Foxconn plans to build an $8.8-billion factory in China, state media said yesterday, amid reports its billionaire boss is cooling...