Business / World Business

Sri Lanka requests equity swap for some of its $8 bln China debt 09 Apr 2016 - 09:09 am

Sri Lankan Prime Minister Ranil Wickremesinghe (L) shakes hands with Chinese President Xi Jinping before a meeting at Great Hall of the People...

France's Vivendi, Italy's Mediaset clinch deal in challenge to Netflix 09 Apr 2016 - 09:06 am

Mediaset's Chief Executive Pier Silvio Berlusconi gestures during a news conference at the headquarter in Cologno Monzese, near Milan, Italy, April 8, 2016. ...

France, Germany halt Airbus export credit amid UK probe 09 Apr 2016 - 12:00 am

REUTERS/ File By Tim Hepher and Gernot Heller PARIS: France and Germany have joined Britain in suspending export credit facilities for Airbus jet...

Yahoo extends deadline for opening bids: report 09 Apr 2016 - 12:00 am

A Yahoo logo is pictured in front of a building in Rolle, 30 km east of Geneva, in this file picture taken December...

GM settles 'bellwether' ignition lawsuit avoiding trial 08 Apr 2016 - 06:49 pm

REUTERS/ File New York: General Motors settled a wrongful death lawsuit, attorneys said Friday, averting a trial on charges the automaker's ignition-switch defect...

Jaguar Land Rover in talks to lease Silverstone 08 Apr 2016 - 06:20 pm

File photo: Tata Motors Chairman Ratan Tata gestures as he stands next to a Jaguar XF during a launch of Jaguar and Land...

Shakeup at Mashable: new direction, top staff out 08 Apr 2016 - 12:00 am

Washington: Online news pioneer Mashable announced a shakeup of its top staff Thursday as part of a reorganization to focus on video and...

Europe’s banks under scrutiny as regulators look into Panama Papers 08 Apr 2016 - 12:00 am

Placards are seen during a protest against the visit of European Central Bank (ECB) President Mario Draghi in Lisbon, Portugal April 7, 2016....

IMF: Brexit is worrisome risk for global economy 07 Apr 2016 - 06:41 pm

Christine Lagarde, Managing Director of the International Monetary Fund, speaks during the Women In The World conference in the Manhattan borough of New...

VW managers refuse to forego bonuses: report 07 Apr 2016 - 06:10 pm

Frankfurt: Top executives at Volkswagen are refusing to forego their bonuses this year, despite prescribing belt-tightening for the carmaker's workforce in the wake...

Egypt changes imported wheat moisture limit to 13 percent 07 Apr 2016 - 02:30 pm

ABU DHABI: Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), said on Thursday it had changed the specifications for moisture...

Follow the money: how Hong Kong helps outflow of Chinese cash 07 Apr 2016 - 12:39 pm

Hong Kong: The Panama Papers leak has put the spotlight on Hong Kong as a hub for setting up offshore firms, with much...

Greece flights hit by air traffic controllers' strike 07 Apr 2016 - 11:45 am

REUTERS/ALEXANDROS AVRAMIDIS/FILE Athens: Flights in Greece were at a standstill on Thursday after air traffic controllers called a 24-hour strike over pension reforms...

Austrian bank’s CEO quits after Panama Papers reports 07 Apr 2016 - 10:10 am

File photo of Michael Grahammer. APA /DIETMAR STIPLOVSEK VIENNA: The chief executive of Hypo Landesbank Vorarlberg, an Austrian lender mentioned in the massive...

China largest market for Panama Papers law firm: ICIJ 07 Apr 2016 - 09:57 am

Beijing: Nearly a third of the business of the law firm at the centre of the Panama Papers scandal came from its offices...

Honda says new Takata air bag death reported in Texas 07 Apr 2016 - 12:00 am

A recalled Takata airbag inflator removed it from a Honda Pilot at the AutoNation Honda dealership service department is shown in Miami, Florida...

Nokia to cut thousands of jobs following Alcatel deal 06 Apr 2016 - 03:00 pm

This picture shows the headquarters of the Finnish telecommunication network company, Nokia, in Espoo, Finland, on April 6, 2016. AFP / Lehtikuva /...