Kuala Lumpur: Alibaba and Malaysia announced Wednesday that they will set up a logistics and e-commerce hub in the Southeast Asian country to...
Kuala Lumpur: Alibaba and Malaysia announced Wednesday that they will set up a logistics and e-commerce hub in the Southeast Asian country to...
Washington: US securities regulators moved yesterday to modernize regulations that require stock and bond trades to settle within three business days, a step...
Madrid: Catalonia's regional parliament, which is dominated by parties that want the region to break away from Spain, approved Wednesday a 2017 budget...
London: Chinese carmaker Geely, owner of the London Taxi Company, opened Wednesday a £300-million UK factory making only electrical versions of the iconic...
NEW YORK: Wall Street indexes closed Tuesday with their sharpest decline in five months as major firms posted losses and oil prices fell. ...
Beijing: The World Bank's newly appointed chief executive gave a spirited defence of globalisation during her first official visit to China, saying it...
The European Union and Japan signaled stepped-up efforts to reach a free-trade agreement, seeking to counter U.S. President Donald Trump’s protectionist tilt. At...
London: Goldman Sachs will begin moving hundreds of people out of London before any Brexit deal is struck as part of its contingency...
Paris: The CEO of the French construction group Vinci said yesterday that he would not participate in the building of any wall on...
Paris: French investigating magistrates will open a probe into carmaker Fiat Chrysler for suspected cheating in diesel emissions tests, judicial sources said on...
FRANKFURT: Banks in London that relocate operations to the euro zone after Brexit are likely to be spared a lengthy entry test by...
Washington: The World Bank on Sunday announced $57 billion in financing for sub-Saharan Africa over the next three fiscal years. Of that total,...
Mumbai: British mobile phone giant Vodafone's Indian unit will merge with Idea Cellular to create India's largest telecoms operator, the firms said Monday,...
Mumbai: India’s Adani Group plans to begin extracting coal from the $16.5bn Carmichael project in Australia in 2020 after environmental protests had delayed...
Frankfurt: Deutsche Bank AG said it will raise €8bn ($8.6bn) from a capital increase starting this week as the lender seeks to shore...
New York: Oilfield services firm Ezra Holdings Ltd of Singapore filed for US Chapter 11 bankruptcy, blaming a prolonged slump in the energy...
Baden-Baden, Germany: The failure of the world's financial leaders to agree on resisting protectionism and support free trade marks a setback in the...
Beijing: A senior minister said yesterday China's policy of restricting market access is important for domestic growth, even as President Xi Jinping seeks...