Employees arrive at Amazon’s San Bernardino Fulfillment Centre in California. Amazon’s one million-square-foot facility in San Bernardino County has created more than 800...
Employees arrive at Amazon’s San Bernardino Fulfillment Centre in California. Amazon’s one million-square-foot facility in San Bernardino County has created more than 800...
PARIS: A row has flared up between leading plane makers over the width of tourist-class seats on long-distance flights, setting the tone for...
BAGHDAD: Big Oil is poised to spend over $25bn next year to boost output from Iraq’s giant oilfields towards record rates, Iraq’s deputy...
TOKYO: Carmakers, electronics manufacturers and other export-oriented firms have posted record profits through September due to the recent depreciation of the yen and...
WASHINGTON: Fannie Mae filed a lawsuit on Thursday against nine of the world’s largest banks over losses that the mortgage finance giant suffered...
NEW YORK: MasterCard, the second-biggest US payments network, is poised to further outperform bigger rival Visa amid a 3 percent gain by the...
An employee shows gold bangles to a customer at a jewellery showroom in Mumbai. MUMBAI/NEW DELHI: A scarcity of gold and high prices...
NEW YORK: Twitter will be the talk of Wall Street next week when the social media company goes public in the stock market’s...
NEW YORK: Warren Buffett’s Berkshire Hathaway Inc posted a 29 percent jump in third-quarter profit as it recorded big gains on investments made...
BRUSSELS: Inspectors from Greece’s lenders have put a postponed visit to the country back on the agenda and will return early next week...
Qatargas CEO Khalid bin Khalifa Al Thani addressing the SIEW. DOHA: Asian economies are demanding not only more energy but also cleaner and...
A general view of Vattenfall’s combined heat and power station Berlin-Wilmersdorf in Berlin yesterday. Berliners vote this week on returning the electricity grid...
LONDON/CAIRO: Egypt has gone from fuel famine to glut thanks to gifts from Gulf states since the army removed the Islamist president in...
LONDON: Brent crude oil dropped by more than $2 to below $107 a barrel yesterday as a strong dollar outweighed previous concerns over...
BEIJING: Chinese manufacturing grew at its strongest pace in 18 months in October, figures showed yesterday, but government and independent analysts warned underlying...
TOKYO: Nissan yesterday launched a sweeping management overhaul to “rejuvenate” its top ranks while slashing its full-year profit forecast, as the Japanese automaker...
ANKARA: Turkey will not import energy from Iraq without the approval of the federal government in Baghdad, aware of its concerns after the...
BUCHAREST: Romania raised $534m (¤395m) from the privatisation via a stock offering of a 15-percent stake in Romgaz, the largest producer of natural...