London: The Bank of England on Thursday held its main interest rate at a record low 0.25 percent and crimped its economic growth...
London: The Bank of England on Thursday held its main interest rate at a record low 0.25 percent and crimped its economic growth...
Frankfurt am Main: German high-end carmaker BMW issued a veiled warning on Thursday that a bad Brexit deal could see Mini production leave...
Federal Reserve Bank of Boston President Eric Rosengren (pictured) urged his policy-making colleagues to raise interest rates three more times this year and...
Hanover: Volkswagen yesterday rejected investor calls for the carmaker to publish the results of a key investigation into its diesel emissions cheating scandal,...
Frankfurt: Mario Draghi said the European Central Bank’s stimulus hasn’t finished the job yet, even as he acknowledged that the region’s economy is...
Frankfurt: Mario Draghi and Mark Carney are experiencing a role reversal. Previously plagued by Greece’s fiscal crisis and the rise of euro-skeptic populism,...
Oslo: Norway plans to launch the first autonomous and fully electric cargo ship next year that the project's backers said yesterday will save...
Canadian retailers are getting serious about selling stuff over the internet. You can thank Amazon.com Inc. for that. After years in which e-commerce...
Tokyo: Executives at Toyota Motor say both their group sales and operating profit have fallen for the first time in 5 years. Sales...
The Hague: Leading Dutch bank ING said Wednesday its first quarter net profit fell 9.1 percent, but the drop was due to last...
Newly appointed Philippines Central Bank Governor, Nestor Espenilla Jr (C) with Finance Secretary Carlos Dominguez (L) and Presidential Spokesperson Ernesto Abella, mimic the...
Washington: The US has softened its position in talks on global bank-capital rules, easing a months-long deadlock with the European Union and boosting...
New York: SoftBank Group Capital Ltd., an investment arm of Masayoshi Son’s technology empire, contributed $2bn to last month’s record fund-raising by Chinese...
Gold touched an eight-week low yesterday as safe-haven demand continued to fade in the wake of Emmanuel Macron's victory in the French election...
JERICHO,NEW YORK / BEIJING: Among the sprawling colonial homes and well-tended lawns on the north shore of New York’s Long Island, there are...
Beijing: China's GDP continues to decelerate, with a growth forecast of 6.6 per cent for 2017, as it transitions from an export and...
Beijing: China is considering plans to create three power giants through mergers of eight coal-fired and nuclear generators with combined assets of almost...
Macau: Casino hub Macau said Monday it would launch facial recognition and identity card checks on ATM users in what looks to be...
