NEW YORK: Coca-Cola Co said it was making a cash payment of $2.15bn (£1bn) for a 16.7 percent stake in Monster Beverage Corp...
NEW YORK: Coca-Cola Co said it was making a cash payment of $2.15bn (£1bn) for a 16.7 percent stake in Monster Beverage Corp...
NEW YORK: General Electric confirmed that it is considering the sale of its historic appliance division, part of its effort to focus on...
JACKSON, Mississippi: Mississippi Power Co says a key part of its $5.5bn Kemper County power plant is operational. The unit of Atlanta-based Southern...
New York: Holders of Argentine euro-denominated bonds said they were appealing a New York court’s freeze on payment by Buenos Aires, an order...
A daily-wage labourer takes a drink as he briefly stops loading 50kg sacks of wheat onto a truck at a grain distribution point...
New York: Ethiopian Airlines will by the end of next week decide on which planes it will buy from Boeing Co and Airbus...
TORONTO: More than eight months after an extreme winter began snarling North American rail traffic, a Reuters analysis of industry data shows delays...
JR Mayer, Managing Director of QNET, and Pathman Senathirajah, Director of QNET with players from Manchester City Football Club. Dubai: Prominent Asian direct...
A couple walks by a J C Penney store in Arcadia, California. PLANO: J C Penney Co (JCP) reported a narrower loss for...
FRANKFURT: Well, that didn’t last long. After four quarters of meager growth, the fragile economic recovery in the 18-country eurozone creaked to a...
BELGRADE: Serbia put 502 loss-making state-owned companies and media outlets on sale in a dramatic bid to cut the country’s rising budget deficit....
PARIS: France’s prime minister called for steps to be taken at EU level to boost economic growth through investment, a day after data...
HONG KONG: Governments and financial institutions are lining up to sell bonds to Japanese investors as they look to take advantage of record-low...
A container ship sails underneath the Bridge of the Americas in the Panama Canal in Panama City yesterday. Dubbed one of the “seven...
A clock showing one minute to noon is seen at a warehouse of the German department store chain Karstadt in Hamburg. The department...
A man leaves the OTP Bank branch in the centre of Budapest yesterday. Hungary’s OTP Bank posted a second-quarter net loss of 153.15bn...
LONDON: The silver market ushered in a new era of electronic benchmarking yesterday after a regulatory drive for transparency brought the 117-year-old silver...
KUALA LUMPUR: Malaysia’s economy grew a better-than-expected 6.4 percent in the second quarter on the back of stronger exports and robust domestic demand,...