Washington: A debate is intensifying among the Federal Reserve’s regional bank presidents about whether to push interest rates up from zero sooner than...
Washington: A debate is intensifying among the Federal Reserve’s regional bank presidents about whether to push interest rates up from zero sooner than...
MADRID: Spain’s inflation rate fell to zero in June, official data showed, as the eurozone battled to fend off the threat of a...
BEIJING: Chinese state broadcaster CCTV has accused US technology giant Apple of threatening national security through its iPhone’s ability to track and time-stamp...
HAVANA: Russian President Vladimir Putin pledged to help revive Cuba’s struggling offshore oil exploration at the start of a six-day tour of Latin...
KUALA LUMPUR: Malaysia’s second largest bank CIMB Group has secured central bank approval to commence merger talks with RHB Capital and Malaysia Building...
WASHINGTON: The US Commerce Department set duties on South Korean steel pipe used in the oil and natural gas industry, reversing itself after...
TOKYO: Japan’s SoftBank and Deutsche Telekom of Germany have reached a basic agreement for a merger between their US affiliates Sprint and T-Mobile...
SAN FRANCISCO: Yahoo announced it has bought an Israel-based startup specialising in streaming high-quality video to computers and mobile devices. Yahoo did not...
LONDON: Suspense over the appearance of America’s newest combat jet, a diplomatic chill between the West and Russia and the re-launch of an...
MOSCOW: Russian state companies, the backbone of the economy, can only have accounts at banks with capital of no less than 10bn roubles...
LONDON: Chinese private equity firm Hony Capital has struck a deal with Gondola Group to buy Britain’s Pizza Express chain for about £900m...
SYDNEY: Australia’s central bank governor Glenn Stevens yesterday urged politicians to work together to address the growing gap between fiscal spending and revenue,...
NEW DELHI: India’s top finance ministry official said that plans announced in the budget to stick to a fiscal deficit target of 4.1...
By Satish Kanady DOHA: The Qatar Financial Markets Authority (QFMA) launched a series of investigations into the alleged cases of violations by the...
LISBON: Portugal’s government and central bank assured investors yesterday that the southern European country’s financial system was sound, aiming to quell worry about...
US President Barack Obama (centre) sits beside Director of the National Economic Council Jeff Zients (left) and Senior Adviser to the President Valerie...
Infosys CEO S D Shibulal (centre) along with CFO Rajiv Bansal (right) addresses the media after announcing the company’s first quarter results at...
Bill and Melinda Gates of the Bill and Melinda Gates Foundation, at the Allen and Company 32nd Annual Media and Technology Conference, in...