CARACAS: Annual inflation in Venezuela, one of the driving forces behind a wave of anti-government protests, hit 57.3 percent in February, the central...
CARACAS: Annual inflation in Venezuela, one of the driving forces behind a wave of anti-government protests, hit 57.3 percent in February, the central...
DOHA: The new facilities launched at the Industries Qatar (IQ) have helped the group boost its revenue in its petrochemical segment in 2013....
WASHINGTON: Moody’s raised its rating outlook for the European Union to stable from negative, citing the improvement of its members’ finances and falling...
SEOUL: South Korea’s crude imports from Iran surged 104 percent in February from a year earlier as refiners hiked purchases ahead of maintenance...
MADRID: Spain must cut individual and business tax rates and increase levies on consumer items including alcohol and fuel to repair one of...
NEW YORK: International Business Machines Corp has not relinquished its customers’ data to the US government and would challenge any orders to do...
NEW YORK: Weibo, the Chinese microblogging service often called ‘China’s Twitter’, filed on Friday for a US stock offering seeking to raise $500m....
Wilmington: One of Japan’s largest lenders, Mizuho Bank Ltd, has became ensnared in the US legal fallout from the collapse Mt Gox, the...
Delaware: Sandwich chain Quiznos Corporation, filed for pre-packaged bankruptcy protection after struggling for years with high debt and rising competition. The chain, known...
Doha: Natural gas is expected to be the fastest growing energy source until 2035. This is likely to lead to higher natural gas...
A TransCanada Keystone Pipeline pump station operates outside Steele City, Nebraska. In the heated debate over whether to build the Keystone XL pipeline,...
CEO of Porsche Matthias Mueller and CFO Lutz Meschke (right) with a Porsche 918 Spyder super sportscar during the business results press conference...
A visitor looks at pure power PW 1000G engine displayed at an exhibitors venue at the India Aviation 2014 air show at Begumpet...
Robots weld cars at the Ford Motor Company’s Sao Bernardo do Campo facility in Sao Bernardo do Campo. Growth in Brazil’s car market...
MADRID: Spain reported yesterday its public debt soared to a new record high in 2013 despite a slew of budget-cutting measures, ballooning to...
FRANKFURT/WASHINGTON: Meeting students at the University of Amsterdam in April last year, European Central Bank President Mario Draghi extolled the virtues of courage,...
LONDON: Abu Dhabi-based Gulf Marine Services (GMS) made a muted stock market debut in London, as the oil service vessel operator struggled to...
LONDON/NEW YORK: Banks around the world, consumed with meeting more stringent capital regulations, will miss a deadline to upgrade outdated software for automated...