SAN FRANCISCO: A few years ago, renting out a spare room via the lodging website Airbnb bordered on daring. Now, in thousands of...
SAN FRANCISCO: A few years ago, renting out a spare room via the lodging website Airbnb bordered on daring. Now, in thousands of...
An Airbus A350 participates in a flying display during the 50th Paris Air Show at the Le Bourget airport near Paris, yesterday. PARIS:...
WASHINGTON: New US Trade Representative Michael Froman said he expected growing trade problems with India to be a major early focus of his...
MUMBAI: Swiss bank UBS AG will surrender its Indian banking licence and close its banking unit, covering fixed income, forex operations and credit...
FRANKFURT: German tax authorities are investigating Barclays over the use of legal loopholes which cut the British lender’s tax bill by billions of...
Hundreds of flag waving workers participating in a protest rally organised by trade unions around the Colosseum in central Rome yesterday. ROME: Thousands...
LONDON: Egypt is relying increasingly on large Swiss trading houses for fuel supplies as it struggles to avoid energy shortages and unrest, while...
SAN FRANCISCO: Almost a year since Stockton, California became the biggest US city to file for bankruptcy, its leaders will review a tax...
Rockville, Maryland: Nissan Motor Co Ltd has announced a $100-a-month battery replacement plan for US owners of its electric Nissan Leaf. The plan...
Russian President Vladimir Putin addressing a meeting entitled “Energy Club Summit: Reshaping Global Oil Markets” at the St Petersburg International Economic Forum, yesterday....
PARIS: Lockheed Martin Corp, already the biggest US weapons maker and largest provider of IT services to the US government, wants to become...
ST PETERSBURG: President Vladimir Putin unveiled a $13.6bn investment plan yesterday to build roads and railways across Russia and show he is not...
LONDON: Abu Dhabi’s Al Noor Hospitals listed in London yesterday, valuing the company at £672m ($1.04bn), as it looks to take advantage of...
NEW YORK: Oil slid for a second day in choppy trade yesterday, with Brent heading for its biggest two-day drop in a year...
LAGOS: Oil giant Shell announced yesterday that it may sell more of its onshore oil blocks in Nigeria, where theft and sabotage have...
Traders work on the floor of the New York Stock Exchange yesterday. Stocks were back in positive territory following two days of sell-offs....
ISTANBUL: , The Turkish lira traded near record lows while bonds weakened in thin volumes yesterday, as investors monitored the central bank’s response...
LONDON: Oil major BP is directing investment in advanced biofuels to the United States and South America due to uncertainty about the European...