WASHINGTON: The World Bank’s top Chief Financial Officer Bertrand Badre gave up a controversial $94,000 bonus after a staff uproar over the issue,...
WASHINGTON: The World Bank’s top Chief Financial Officer Bertrand Badre gave up a controversial $94,000 bonus after a staff uproar over the issue,...
ANKARA: Turkey has slashed its growth estimates and raised its inflation forecast for 2014 and 2015, Deputy Prime Minister Ali Babacan said yesterday,...
WASHINGTON: Drivers using hands-free virtual assistants like Apple’s Siri can be distracted by the technology, creating safety hazards, according to a study. The...
PARIS: Struggling French flag carrier Air France yesterday said last month’s two-week strike would have an impact of around €500m on its bottom...
CARACAS: Tech-savvy Venezuelans looking to bypass dysfunctional economic controls are turning to the bitcoin virtual currency to obtain dollars, make Internet purchases —...
MOSCOW: Car sales in Russia plunged 20.1 percent in September as the economic toll from the Ukraine crisis roiled the economy. Sales slumped...
PARIS: The OECD pointed to a weak outlook for growth in the eurozone, particularly in Germany, yesterday when its index of leading economic...
DUBAI: Emerging market-focused private equity firm Abraaj Group has bought a majority stake in Liberty Star Consumer Holdings (Libstar), a South African food...
ZURICH: Switzerland will begin negotiations soon with the European Union and some other countries on automatically sharing data on Swiss bank accounts held...
By Ole S. Hansen (Head of Commodity Strategy, Saxo Bank) Commodity markets remain on the defensive with rising supply in many key commodities...
DOHA: The Qatar Central Bank’s (QCB) total assets/liabilities increased sharply to QR213bn from QR161.2bn during 2012-2013, an increase of QR51.8bn, or 32.1 percent....
IMF officials addressing the media during the World Economic Outlook press conference at the International Monetary Fund and the World Bank Group 2014...
Caption SEOUL: Samsung Electronics yesterday flagged a near 60 percent on-year plunge in its third quarter operating profit, as its key smartphone sector...
Visitors walk between the exhibition booths at CEATEC (Combined Exhibition of Advanced Technologies) JAPAN 2014 in Chiba, east of Tokyo, yesterday. Over 500...
A woman passes by a sign advertising bank interest rates for home loans in Sydney yesterday. Australia’s central bank kept its interest rates...
Mahindra Two Wheelers Vice-President for Sales and Customer Care Dharmendra Mishra at the launch of the ‘GUSTO’ Scooter in Ahmedabad. NEW DELHI: Leading...
European Jobs, Growth, Investment and Competitiveness Commissioner-designate Jyrki Katainen attending a meeting of the European Committee on Economic and Monetary Affairs at the...
A man walks out of a building under a board showing currency exchange rates in Moscow. Russia’s rouble resumed its slide yesterday following...
