London: Gold fell to a two-week low yesterday as the dollar firmed, US Treasury bond yields rose and equity markets rallied, but expectations...
London: Gold fell to a two-week low yesterday as the dollar firmed, US Treasury bond yields rose and equity markets rallied, but expectations...
Chicago: Caterpillar Inc, the world’s largest construction and equipment maker, forecast 2017 profit sharply below analysts’ estimates, hurt by sluggish demand in the...
Washington: New US single-family home sales fell to a 10-month low in December after three straight months of solid gains, but the housing...
Rio De Janiero: Brazil's federal government is likely to agree debt relief for the state of Rio de Janeiro worth about 50bn reais...
New York: Fiat Chrysler Automobiles NV expects debt to fall by at least 45 percent this year as the Italian-American carmaker enters the...
FRANKFURT: The compliance chief brought in to help Volkswagen recover from its emissions scandal is leaving the management board at the end of...
Hong Kong: The global rally in stocks pushed into another day, with Tokyo leading a surge in Asian markets Thursday following another record...
London: Gold prices fell yesterday as renewed hopes that US President Donald Trump will unleash growth-friendly spending policies boosted shares and eroded bullion's...
San Francisco: Cisco Systems Inc said that it has agreed to buy US business software company AppDynamics Inc for about $3.7bn, making one...
Beijing: China’s insurance regulator banned insurers from jointly acquiring listed companies with investors from other industries, stepping up curbs on their investments to...
New York: Prices for credits used by refiners to show compliance with the US biofuel mandate plunged after President Donald Trump’s administration ordered...
New York: US aerospace giant Boeing projected higher commercial aircraft deliveries in 2017 compared with last year, and reported a 59 percent surge...
Paris: French automaker Peugeot is heading back to India, a market it withdrew from 20 years ago, where car ownership is still relatively...
Hong Kong: China should tighten monetary policy as signs of overheating emerge amid quickening inflation, according to the top-ranked forecaster for the nation’s...
New York: US stocks edged higher yesterday as investors assessed quarterly earnings, while seeking clarity on President Donald Trump's economic policies. With earnings...
London: Gold slipped from a two-month peak yesterday as investors took stock of US President Donald Trump's first policy moves and a recovery...
BRUSSELS: The European Investment Bank, the EU's lending institution, will maintain a target of investing around 20 billion dollars a year to fight...
Brussels: The UK is allowed to discuss trade agreements with other countries as long as it doesn’t formally negotiate with them before it...