DETROIT: General Motors Co is recalling nearly 293,000 Chevrolet Cruze compact cars in the US because the power-assisted brakes can fail. The recall...
DETROIT: General Motors Co is recalling nearly 293,000 Chevrolet Cruze compact cars in the US because the power-assisted brakes can fail. The recall...
A Tesla Model S sedan plugged into a new Tesla Supercharger outside the Tesla Factory in Fremont, California. Tesla Motors opened a new...
Doha: A European banking union could go a long way in fixing Europe’s financial architecture, according to QNB Group. The recent banking and...
New york: AOL Inc said that it would cut a substantial number of jobs at its money-losing Patch local news site business, and...
NEW YORK: Chinese e-commerce company Alibaba Group, which is preparing for an initial public offering in Hong Kong, has bought a minority stake...
SHANGHAI: China’s Ministry of Public Security and a cabinet-level research centre are preparing to investigate IBM Corp, Oracle Corp and EMC Corp over...
Roofers work on new homes at a residential construction site in the west side of the Las Vegas Valley in Las Vegas, Nevada....
MEXICO CITY: The son of Mexico’s most revered modern president, known for nationalising Mexico’s oil industry, says his dad is rolling in his...
NEW YORK: Moody’s Investors Service revised Kazakhstan’s sovereign credit outlook to positive from stable yesterday, citing improved debt dynamics in the nation’s banking...
BRASILIA: US energy companies want to use their experience to help Brazil tap into its vast shale gas reserves, US Energy Secretary Ernest...
BEIJING: The European Union asked the World Trade Organisation (WTO) to rule in a dispute over Chinese anti-dumping duties imposed on steel pipes...
A view of the Cuadrilla drilling site in Balcombe, southern England, yesterday. Caudrilla Resources has suspended drilling in southern England in response to...
LONDON: Libya’s largest refinery yesterday loaded its first petroleum products tanker since labour unrest hit the oil sector nearly three weeks ago but...
YANGON: Qatari telecoms giant Ooredoo yesterday pledged to introduce “affordable” phone services to Myanmar next year as it pumps $15bn into one of...
MOSCOW: Russia denied yesterday that it was waging a trade war with Ukraine to discourage its ex-Soviet neighbour from establishing closer political and...
A pedestrian walks past a foreign exchange dealer’s shop window with signs of various currencies in Mumbai yesterday. MUMBAI: India’s rupee plunged to...
Visitors observe the aircraft exhibited at the Latin American Business Aviation Exhibition ‘Labace 2013’, organised by Brazilian General Aviation Association (ABAG) in Sao...
Paris: Broadcast tower operator Telediffusion de France (TDF) received bids below the ¤4bn ($5.32bn) asking price for its domestic unit, raising concern about...