New York: Snapchat, an app that lets users send messages that disappear after a few seconds, is in talks with investors, including Alibaba...
New York: Snapchat, an app that lets users send messages that disappear after a few seconds, is in talks with investors, including Alibaba...
Argentina’s Economy Minister Axel Kicillof at the office of a court-appointed mediator in New York yesterday. BUENOS AIRES/NEW YORK: Argentina was in a...
US Commerce Secretary Penny Pritzker addresses business leaders in Mumbai yesterday. NEW DELHI: US Secretary of State John Kerry, who arrived in India...
PSA Peugeot Citroen group Chief Finance Officer Jean-Baptiste de Chatillon at the PSA Peugeot Citroen headquarters in Paris yesterday, presenting the company’s results...
WASHINGTON: The mechanisms allowing a country to restructure its sovereign debt should be “reviewed” if Argentina defaults, IMF chief Christine Lagarde said. If...
LONDON: Britain’s scandal-hit lender Barclays posted surging first-half net profits yesterday, sending its share price soaring, as it pushed ahead with a restructuring...
VIENNA/BRUSSELS: Russian bank subsidiaries based in the European Union will be exempt from EU economic sanctions designed to choke off finance for big...
MOSCOW: Moscow warned yesterday that a new wave of Western sanctions would drive up European Union energy prices and said they would hurt...
KIEV: Ukraine’s economic decline has accelerated as fighting between the army and pro-Russian separatists in the east took a heavy toll on industry...
WASHINGTON: Sharply higher interest rates around the world could combine with weaker growth in emerging markets to slice as much as 2 percentage...
A view of the City of London, London’s main financial district, with the ‘Gherkin’ tower. LONDON: London’s landmark “Gherkin” office tower, one of...
A pedestrian passes before Japanese automaker Honda Motor’s showroom in Tokyo yesterday. TOKYO: Japanese automaker Honda said yesterday its latest quarterly net profit...
A visitor walks past a Microsoft booth at a computer software expo in Beijing. BEIJING: A Chinese regulator said yesterday it is conducting...
A man walks past an office of Swiss bank UBS in Zurich yesterday. ZURICH: Leading Swiss bank UBS turned in a strong profit...
McDonald’s Holdings Co (Japan) President and CEO Sarah Casanova at a news conference in Tokyo yesterday. TOKYO: McDonald’s Japan pulled its profit forecast...
WASHINGTON: The International Monetary Fund warned that an escalation of tensions between Russia and Ukraine would raise the risks for banks exposed to...
WASHINGTON: The US Federal Reserve began a two-day policy meeting yesterday under rising pressure to step off its ultra-dovish stance to address rising...
MONTREAL: Aviation officials called for better dissemination of flight risks and a UN law restricting anti-aircraft weapons use, at an emergency meeting yesterday...