SAN FRANCISCO: Intel Corp plans to reduce its global workforce of 107,000 by about 5 percent this year as the chipmaker, struggling with...
SAN FRANCISCO: Intel Corp plans to reduce its global workforce of 107,000 by about 5 percent this year as the chipmaker, struggling with...
BRUSSELS: The European Commission wants EU member states to accept common environment and health rules if they use controversial ‘fracking’ to develop shale...
LONDON: World oil prices rose last week as traders balanced positive global economic data against an improving supply picture. Elsewhere on commodity markets,...
TOKYO: Nintendo on Friday warned it would swing back into the red this fiscal year as the Japanese gaming giant slashed its sales...
Bangalore: Signalling a turnaround in global technology spend, Indian IT bellwether Wipro is again seeing a healthy pipeline with customers in the US...
DOHA: The 7th International Petroleum Technology Conference (IPTC) will start with opening remarks by the Prime Minister and Interior Minister H E Sheikh...
The Shell logo is pictured outside a Shell petrol station in central London yesterday. LONDON: Royal Dutch Shell issued a “significant” profit warning...
A man walks past a Reliance Industries Limited signboard installed on a road divider in the western Indian city of Gandhinagar yesterday. MUMBAI:...
Visitors take pictures next to the Intel logo outside of the Intel headquarters in Santa Clara, California, yesterday. Intel was to report fourth...
TOKYO: In the first concrete moves towards forming a buyers’ group for liquefied natural gas (LNG), Tokyo Electric Power Co is proposing to...
AMSTERDAM/LONDON: The Dutch cabinet has decided to cut gas production at Groningen, one of the world’s largest gas fields, by 15 to 20...
PRISTINA: Kosovo has asked the International Monetary Fund (IMF) for talks on a new precautionary programme, but is unlikely to need to draw...
MOSCOW: Russian Energy Minister Alexander Novak and EU Energy Commissioner Gunther Oettinger reported no progress yesterday at tense talks over state-run Gazprom’s stranglehold...
TAIPEI: Taiwan’s struggling personal computer maker Acer yesterday reported its third consecutive full-year net loss due to falling sales and a write-off of...
TOKYO: A Japanese government report yesterday said the economy was “recovering”, its first use of the word since the 2008 global financial crisis,...
BOCHUM: German heavy industry giant ThyssenKrupp promised its shareholders yesterday to resume paying dividends, but did not gave any indication about when it...
LONDON: European stocks pulled back yesterday, failing to gain traction from a surprise drop in US unemployment claims, while Citigroup earnings disappointed. London’s...
A woman walks past a Citibank branch on Park Avenue in New York. US banking giant Citigroup yesterday reported that quarterly earnings more...
