Business / World Business

SoftBank to buy UK chip designer ARM in $32 bln cash deal 18 Jul 2016 - 11:38 am

People walk past a retail shop of the SoftBank telecommunications company in Tokyo, Japan, May 10, 2016. (REUTERS/Thomas Peter/File Photo) By Chang-Ran Kim...

Chinese consortium buys Opera browser for $600m 18 Jul 2016 - 11:03 am

(photo: Opera) Oslo: A Chinese consortium has bought the Opera internet browser for $600 million (543 million euros), its Norwegian developer said Monday,...

Pokemon Go began as an April Fool’s joke 18 Jul 2016 - 12:53 am

Customers visit a shop selling Pokemon goods in Tokyo. By Takashi Amano Pokemon Go, the location-based mobile game that has become a massive...

Britain eyes new trade deals for Brexit in early 2019 17 Jul 2016 - 03:08 pm

A bus is driven past the Bank of England (BOE) in the City of London on July 14, 2016. (AFP / NIKLAS HALLE'N) ...

Boeing eyes rivals as it turns 100 17 Jul 2016 - 01:33 am

FROM LEFT: Boeing Chairman, President and CEO Dennis Muilenburg shakes hands with Boeing Commercial Airplanes President and CEO Ray Conner, as June Boeing,...

Brexit poses new questions for EU trade and TTIP talks, says US 17 Jul 2016 - 01:32 am

European Union Chief Negotiator Ignacio Garcia Bercero (left) and US chief negotiator Dan Mullaney address a joint news conference after the 14th Round...

INSIGHT: Man vs machine: computer-driven hedge funds win on Brexit night 16 Jul 2016 - 12:00 am

A view of Financial district of London. Reuters Computer-based hedge funds big winners on Brexit night Machines won by sticking with long-term bets...

Hammond rules out emergency British budget 15 Jul 2016 - 01:02 am

Britain’s Chancellor of the Exchequer Philip Hammond (right) meets US Treasury Secretary Jack Lew in 11 Downing Street, London, yesterday. London: Britain’s new...

Messaging app Line rockets 40% in US debut 15 Jul 2016 - 01:02 am

Japan’s Line Corp CFO In Joon Hwang (centre) rings the bell as Chief Strategy and Marketing Officer Jun Masuda (right) and other officers...

Greece accepts Italian €45m offer for rail operator privatisation 15 Jul 2016 - 01:01 am

A woman passes the Thessaloniki railway station, the largest in Greece, yesterday. Athens: Greece’s privatisation agency Taiped yesterday said it had accepted a...

Qatar Airways to buy 49 percent of Italy's Meridiana 14 Jul 2016 - 05:37 pm

(Photo: AFP) DOHA: Qatar Airways is to buy 49 percent of Meridiana in a move that could bolster the Italian carrier's ability to...

Bank of England readies new blast of QE for post-Brexit Britain 14 Jul 2016 - 12:00 am

Bank of England poised to announce new round of bond buys BoE could adapt QE to combat fallout from Brexit vote ECB-style purchases...

Airbus slashes A380 superjumbo output 13 Jul 2016 - 04:06 pm

The Airbus Industrie A380 aircraft performs a manoeuvre during its display at the 2014 Farnborough International Airshow in Farnborough, southern England July 14,...

Indian coal firm violates community rights: Amnesty 13 Jul 2016 - 03:33 pm

Workers drill at an open cast coal field at Dhanbad district in Jharkhand. (file photo/ Reuters) New Delhi: India's state-controlled coal firm routinely...

Germany issues 10-year bond at negative interest rate for first time 13 Jul 2016 - 12:50 pm

Security features of the new 50 euro banknote are shown during it's presentation by the German Bundesbank in Frankfurt, Germany, July 13, 2016....

Airbus bags Asian deals as Farnborough struggles to take off 13 Jul 2016 - 11:46 am

The Airbus A350 jet airliner takes part in a flying display at the Farnborough Airshow, south west of London, on July 12, 2016....

UK leadership change raises risk of looser fiscal stance: Moody’s 13 Jul 2016 - 12:00 am

LONDON: Ratings agency Moody’s Investors Service welcomed the faster-than-anticipated change in leadership of Britain’s government but said it also increased the risk of...