NEW YORK: Bank of America has tentatively agreed to pay a record $16bn to $17bn settlement to resolve allegations it misled investors on...
NEW YORK: Bank of America has tentatively agreed to pay a record $16bn to $17bn settlement to resolve allegations it misled investors on...
Portugal’s Finance Minister Maria Luis Albuquerque (right) arrives to speak about the BES bailout in parliament in Lisbon yesterday. LISBON: Lisbon will cut...
Samsung Electronics Chairman Lee Kun-hee with reporters after touring the Samsung booth at the CES in Las Vegas. SEOUL: As its smartphone sales...
An unemployed man holding a sign offering to work for food for his children as Australia’s unemployment rate spiked to a 12-year high...
ROME: Loss-making Italian airline Alitalia will seal its tie-up with Gulf carrier Etihad today, the government said, a deal that comes as the...
BEIJING: China will force real-name registrations on public accounts of instant messaging tools and require those wishing to publish or reprint political news...
PARIS: As populations age around the world, economies will be held back and growth trends will slow sharply in the next 20 years,...
DOHA: Qatar will award projects worth a total $ 26.2bn in 2014, compared with just $9.4bn last year. Infrastructure project awards across the...
Pedestrians walk past a signboard showing Samsung’s Galaxy S5 (right) and Apple’s iPhone 5s at a mobile phone shop in Seoul yesterday. SEOUL:...
DOHA: Hotels in Doha city experienced an 11.4 percentage point growth in occupancy to 75.9 percent in the first six months of 2014,...
Graffiti depicting German Chancellor Angela Merkel and text reading “Money vs Morals” is sprayed on a fence surrounding the construction site for the...
Lei Jun, Founder and CEO of China’s mobile company Xiaomi, with the new Xiaomi Phone 4 in Beijing. China’s Xiaomi Inc took China’s...
Audi cars reflected in mirrors at the Frankfurt Motor Show. SHANGHAI: China stepped up pressure on foreign carmakers in the world’s biggest auto...
BEIJING: Accenture PLC said it was providing client information to a Chinese regulator, which is investigating Microsoft Corp for anti-trust violations. The State...
NEW DELHI: Shares of Infosys jumped as much as 3 percent yesterday after three top ex-executives urged the Indian outsourcing giant to buy...
HONG KONG: Standard Chartered confirmed yesterday that it faces fresh US fines over alleged breaches in its anti-money laundering systems, two years after...
MILAN: The Italian economy shrank by 0.2 percent in the second quarter, dragging the eurozone’s third-biggest economy back into recession, the national statistics...
ATHENS: Crisis-hit Greece’s government was scrambling yesterday to correct errors in a new property tax that forced homeowners to pay vastly inflated sums....
