An employee holds Apple’s iPhone 4s (left) and Samsung’s Galaxy S III at a store in Seoul. WASHINGTON: The US International Trade Commi-ssion...
An employee holds Apple’s iPhone 4s (left) and Samsung’s Galaxy S III at a store in Seoul. WASHINGTON: The US International Trade Commi-ssion...
DOHA: Steady economic and population growth,associated with rapid urbanisation, has led to an increase in energy demand to meet rising electricity and desalinated...
Motorcyclists ride under a mobile phones promotion banner in Islamabad. Pakistan’s cash-strapped new government has promised to sell 3G mobile telephone licences to...
NEW DELHI: The Royal Bank of Scotland Group has said it plans to sell some of its Indian assets, including its credit card...
NEW YORK: US authorities are considering arresting two former JPMorgan Chase & Co employees for their alleged role in masking $6.2bn “London Whale”...
An Online Electric Vehicle (OLEV) running a commercialised test drive at a bus stop in Gumi, 200km southeast of Seoul. South Korea is...
A Chinese Hainan Airlines passenger jet prepares to depart to Beijing from Jiamusi, a frontier town in China’s northern Heilongjiang Province. China air...
NEW YORK: Wall Street’s spotlight will fall on the consumer next week. Investors will look to earnings from major retailers and data on...
DETROIT: General Motors Co and Daimler AG ramped up the electric-car price war, announcing significant price cuts aimed at boosting demand in a...
WASHINGTON: Honda’s Civic won the top grade in a new crash test of small cars while Nissan’s Sentra and two Kia Motors models...
BEIJING: A 19,000-tonne cargo vessel is making the first journey by a Chinese merchant ship to Europe via the Northeast Passage, a shortened...
WASHINGTON: Consumer confidence advanced last week to the highest level in more than five years as Americans’ views on the economy, personal finances...
LONDON: Raw material prices won support this week from upbeat Chinese economic data, while cocoa futures hit 11-month high points on tight supply...
WASHINGTON: Fannie Mae, the mortgage financier seized by US regulators in 2008, will pay the Treasury Department $10.2bn after reporting a sixth consecutive...
ARBIL/DUBAI: Iraq’s Kurdistan region is exporting crude oil by truck to an Iranian port for shipping to Asia, industry sources say, using a...
HOUSTON: ExxonMobil Corp and Imperial Oil Ltd have agreed to buy ConocoPhillips’ Clyden lease for about C$751m ($723m), expanding their holdings in the...
by By Jonathan Weil The Justice Department accused Bank of America Corp this week of defrauding Wachovia Corp and the Federal Home Loan...
A vendor counts Chinese yuan notes at a market in Beijing yesterday. BEIJING: Growth in China’s key industrial production accelerated to a five-month...