Business / World Business

Dubai: International Monetary Fund chief Christine Lagarde yesterday voiced optimism for US economic growth under President Donald Trump but warned it could herald...

China's insurance firms face possible risks from "irrational" stock investments and large-scale overseas mergers and acquisitions, the state-run People's Daily yesterday quoted a...

San Francisco: A feud between Elon Musk and the United Auto Workers revved up on Friday as the group denied his accusation they...

London: Charlotte Hogg was appointed deputy governor for markets and banking at the Bank of England, just over three years after she joined...

France: French carmaker Renault said yesterday it booked a record year in 2016 and that it would not set aside any provisions for...

Beijing: China's exports surged in January, rebounding from the previous month's contraction, and imports rose in a positive sign for the world's second-largest...

London: The dollar extended a rally yesterday after US President Donald Trump said he would release details of a "phenomenal" tax-cut plan, which...

London: Some US financial institutions could be locked out of the European market if Donald Trump's administration repeals global rules imposed in the...

New York : US import prices rose more than expected in January amid further gains in the cost of energy products, but a...

Madrid: Vegetable lovers across Europe have been making hard choices this winter after storms battered fields in southeast Spain, the continent's main fruit...

London: British consumer health giant Reckitt Benckiser, which makes Dettol surface cleaners and Nurofen painkillers, said yesterday it has agreed  to buy US...

London: Gold fell yesterday, retreating further from this week’s three-month high, as US President Donald Trump’s promise of a major tax announcement boosted...

New York: Puerto Rico Governor Ricardo Rossello’s administration has indicated that it wants to renegotiate a deal struck more than a year ago...

London: Britain's industrial output grew and the trade deficit improved in December, official data showed yesterday, signalling a brighter economic outlook ahead of...

Paris: Walt Disney is planning to take full ownership of its Disneyland Paris subsidiary in a bid to turn around its flagging fortunes,...

European investors are piling into exchange-traded funds, favouring those that mimic active fund managers, in a market where traditional trading relationships between assets...

Brussels: Eurozone lenders and the International Monetary Fund (IMF) have agreed to put aside differences and present a united front at a meeting...

Puma SE said operating profit in 2017 will grow at least as fast as last year, when three big global sports events and...