Business / World Business

UAE banks agree "mini insolvency law" to help struggling SMEs 28 Mar 2016 - 02:40 pm

DUBAI, March 28 (Reuters) - Banks in the United Arab Emirates will suspend legal action against small and medium sized enterprises (SMEs) struggling...

Japan lends $400m to Sri Lanka for airport expansion 28 Mar 2016 - 12:48 pm

Colombo: Japan has loaned $400 million to Sri Lanka to build a new terminal at the island's main international airport which suffers congestion...

Insight: With crisis plans and cuts, British bosses brace for Brexit 28 Mar 2016 - 11:18 am

A general view shows the shop floor at FSG Tool and Die Limited in LLantrisant, Wales, March 15, 2016. REUTERS/REBECCA NADEN By Kate...

A cricket tournament that’s in a financial league of its own 28 Mar 2016 - 10:40 am

By Colin Simpson Many of the world’s top cricketers will gather in India next month to compete in a league that didn’t exist...

Hon Hai denies reports Sharp bailout deal to be signed March 31 27 Mar 2016 - 11:47 am

By Shigeru Sato, Takashi Amano and Andrea Tan Hon Hai Precision Industry Co., Foxconn Technology Group’s flagship company, on Sunday denied media reports...

The rise of on-demand viewing divides Hollywood 25 Mar 2016 - 02:34 pm

The Netflix company logo is seen at Netflix headquarters in Los Gatos, CA. AFP Los Angeles: Hollywood's traditional media players are facing an...

Activist fund launches bid for control of Yahoo 25 Mar 2016 - 12:00 am

Yahoo CEO Marissa Mayer delivers her keynote address at the annual Consumer Electronics Show (CES) in Las Vegas, Nevada in this January 7,...

Starbucks to donate unsold meals to hungry 25 Mar 2016 - 12:00 am

Starbucks CEO Howard Schultz speaks during during the Starbucks Annual Shareholders Meeting on March 23, 2016 in Seattle, Washington. Schultz reported on the...

US indicts seven Iranians with hacking American banks 24 Mar 2016 - 05:14 pm

The United States on Thursday unsealed an indictment against seven Iranians working for firms linked to the Iranian government on charges of hacking...

No Cadillacs for old men in China 24 Mar 2016 - 12:26 pm

Visitors look around Cadillac cars at its dealership in Beijing, China, March 14, 2016. REUTERS/ Kim Kyung-Hoon BY JAKE SPRING BEIJING: Cadillac, a...

Nigerian parliament finally passes 2016 budget 23 Mar 2016 - 05:28 pm

Lagos: Nigeria's parliament finally approved President Muhammadu Buhari's 2016 budget Wednesday paving the way for massive spending designed to boost growth in the...

Uber sues Ola claiming fake bookings as India fight escalates 23 Mar 2016 - 03:30 pm

An employee works inside the office of US online cab-hailing company Uber, on the outskirts of New Delhi, India. (file photo/Reuters) By Saritha...

Credit Suisse to shed more jobs, slash costs again 23 Mar 2016 - 11:23 am

Zurich: Swiss banking giant Credit Suisse on Wednesday said it is aiming to cut an extra almost $1 billion in costs and slash...

'Don't punish us' plead UK's fledgling banks as new rules bite 23 Mar 2016 - 10:33 am

The HSBC headquarters is seen in the Canary Wharf financial district in east London, Britain February 15, 2016. REUTERS/HANNAH MCKAY By Sinead Cruise...

World Bank approves $500 mln loan for Beijing clean-air projects 23 Mar 2016 - 09:53 am

File photo of a jogger wearing a mask runs amid heavy smog in Shanghai. Reuters SHANGHAI: The World Bank has approved a $500...

Yahoo halts fantasy sports in New York state 23 Mar 2016 - 12:00 am

A Yahoo logo is pictured in front of a building in Rolle, 30 km (19 miles) east of Geneva, in this file picture...

Kentucky sues Volkswagen over diesel emissions cheating 23 Mar 2016 - 12:00 am

“Volkswagen must be held accountable for its false and misleading promotion and sales of its vehicles in the Commonwealth,” Kentucky Attorney General Andy...