LIVERPOOL, England: Bank loans are back in favour this year with British companies and banking relationships have also improved markedly, corporate treasurers said...
LIVERPOOL, England: Bank loans are back in favour this year with British companies and banking relationships have also improved markedly, corporate treasurers said...
Doha: Sub-Saharan Africa has been experiencing strong growth in recent years, which is expected to continue. This boom creates an opportunity for GCC...
London: George Osborne will warn the International Monetary Fund that a U-turn on the government’s budget plans would do more harm than good...
Edinburgh: Business Minister Vince Cable is urging the chancellor to consider breaking up the Royal Bank of Scotland to boost competition in the...
JOHANNESBURG: After shunning Zimbabwe during its years of hyperinflation and political strife, foreign investors are finding the southern African country increasingly attractive. Zimbabwe’s...
LONDON: Glencore Xstrata told investors it would return excess cash, slash costs and might sell unwanted assets, raising expectations it would easily exceed...
OMAHA, Nebraska: Warren Buffett and the board of his conglomerate Berkshire Hathaway Inc are “solidly in agreement” on who should be the company’s...
Brussels: The eurozone’s recession will be even deeper than previously feared this year, the European commission has warned, as it slashed its outlook...
NEW DELHI: The Asian Development Bank is facing a funding crunch as the lending agency struggles to reduce widespread poverty in emerging market...
New York: Credit Suisse Group AG sued the former vice president of its emerging markets group, claiming she stole confidential documents and trade...
New York: Credit Suisse Group AG sued the former vice president of its emerging markets group, claiming she stole confidential documents and trade...
A farm worker walks next to crops in Carvoeira, 40km north of Lisbon. Portugal’s new spending cuts could run into the same problems...
WASHINGTON: Employment rose at a faster pace than expected in April and hiring was much stronger than previously thought in the prior two...
PARIS: European Union Internal Market Commissioner Michel Barnier, the EU’s top financial regulator, called on the French government to pursue its planned reforms...
MADRID: Spain unveiled plans to rein in the regional savings banks blamed for triggering its financial crisis, the latest step in an overhaul...
Sana’a: Yemen and World Bank signed here yesterday an agreement on granting an extra financing aid of $25 million to the Social Fund...
LOS ANGELES: The Chairman of Occidental Petroleum Corp, who drew criticism over his compensation as CEO, is out. Ray R Irani will step...
Bharti Airtel zonal office building in the northern Indian city of Chandigarh. NEW DELHI/DUBAI: Qatar has bought a 5 percent stake in Indian...
