Sri Lanka has secured $1.34bn in loans from the World Bank to boost the cash-strapped island's economy over the next three years, the...
Sri Lanka has secured $1.34bn in loans from the World Bank to boost the cash-strapped island's economy over the next three years, the...
New York: Goldman Sachs Group Inc has agreed to pay $56.5m to resolve a US class action lawsuit accusing it and other banks...
London: The European Union said yesterday it is close to an agreement with Japan on a free-trade deal that has taken on greater...
Bengaluru: Wells Fargo & Co reported another decline in monthly consumer account openings, indicating that the bank is having trouble rebuilding its reputation...
Addis Ababa: Ethiopia inaugurated on Friday a €1.5bn ($1.57bn) hydropower plant along the Omo River in the country’s south that will nearly double...
Lima: Peru’s central bank raised its 2016 inflation outlook to 3.3 percent from 3.0 percent on Friday, citing a drought-induced spike in food...
The number of rigs exploring for oil and natural gas in the US increased by 13 this week to 637. A year ago,...
San Francisco: A US federal judge overseeing the Volkswagen emissions scandal said on Friday that he is optimistic about reaching an agreement for...
LONDON: Some of the biggest foreign investment and commercial banks operating in Britain paid an average tax rate of just 6 percent on...
Investors sound optimistic about a breakout for the world economy next year, but for all the talk of huge tax cuts from the...
Chine Labbé: The chief prosecutor in the negligence trial of IMF chief Christine Lagarde (pictured) in Paris called for her acquittal yesterday, saying...
Tokyo: Nissan Motor Co Chief Executive Officer Carlos Ghosn (pictured)said that US President-elect Donald Trump’s America-first agenda should mean trade with Mexico, where...
Tokyo: The dollar held hefty gains against major currencies yesterday, after scaling 14-year highs against the euro and a broader basket of currencies...
Beijing: China ended a major annual economic meeting yesterday with promises to liberalise investment in state-owned sectors, control real estate speculation and improve...
Bengaluru: Drug maker Actavis UK broke competition law by raising prices of hydrocortisone tablets by more than 12,000 percent, Britain’s competition watchdog said...
Milan: Monte dei Paschi di Siena (BMPS) said yesterday it had received approval to allow small bondholders to participate in its last-ditch effort...
Tokyo: Nintendo shares dived yesterday after the release of its Super Mario Run mobile phone game, with analysts citing concern over the high...
London: Gold steadied yesterday but held near a 10-1/2 month low due to the higher dollar after the US Federal Reserve this week...
