MADRID: Sacyr, the Spanish building company leading a consortium to expand the Panama Canal, said it risks losing $574m in guarantees and advance...
MADRID: Sacyr, the Spanish building company leading a consortium to expand the Panama Canal, said it risks losing $574m in guarantees and advance...
The headquarters of Prokon in Itzehoe, Germany, yesterday. Reports state that the renewable energy company Prokon has warned its investors of insolvency.
TOKYO: Toyota Motor is aiming to produce more than 10 million vehicles in 2014, a bullish target that could boost other industries in...
LONDON: France’s Total is set to become the first major oil company to invest in Britain’s nascent shale gas industry, sources said, boosting...
BERLIN/FRANKFURT: Europe’s largest carmaker Volkswagen is bracing for challenging markets as it posted record 2013 sales with demand from China and North America...
LONDON: Emerging markets have kicked off their 2014 borrowing campaigns in style, with bond sales since the start of the year up 64...
TOKYO: Japanese financial institutions are strengthening their debit card offerings. The cards, which withdraw money directly from deposit accounts when used, first became...
LONDON: Global oil prices sank last week to an eight-month low in New York on high US crude and product stockpiles that indicated...
NEW DELHI: India’s economic woes worsened on Friday with a surprise contraction in industrial production and a wider trade deficit. Production at factories,...
JAKARTA: US mining giant Freeport McMoRan Copper and Gold Inc halted its copper exports from Indonesia, less than an hour before a controversial...
OSLO: Increased demand and higher rates will improve the prospects for oil tanker firms this year as world economic growth accelerates and exports...
Officials pose for a group picture in Doha. DOHA: SEEF Ltd, a local petrochemical company, which recently completed its ambitious ‘Integrated Management System...
A view of the General Dynamics NASSCO ship building complex in San Diego, California, yesterday.
The logo of the Hellenic Postbank at the headquarters of the institution in Athens, Greece, yesterday. Corruption attorneys pressed charges against 25 people,...
International Monetary Fund Managing Director Christine Lagarde visits a cooperative farm in Samanko, Mali, yesterday.
Workers at the Lauzoua manganese mine, some 180km from Abidjan. Ivory Coast aims to quadruple its manganese production to around one million tonnes...
A ladle of iron is poured into a basic oxygen steel making vessel at the SSI steel plant at Redcar, northern England LONDON:...
WASHINGTON: US employers hired the fewest number of workers in almost three years in December, but the setback was likely to be temporary...