WASHINGTON: The United States imposed sanctions on Iran’s petrochemical industry, vowing to target more of the Islamic regime’s sources of revenue after curbing...
WASHINGTON: The United States imposed sanctions on Iran’s petrochemical industry, vowing to target more of the Islamic regime’s sources of revenue after curbing...
JAKARTA: Indonesia has told Freeport McMoRan Copper and Gold Inc it cannot resume production at its huge copper mine until the result of...
FRANKFURT: German property company IVG Immobilien said it needs to cut its liabilities by up to ¤1.75bn ($2.27bn) as it struggles to refinance...
A Boeing 787 Dreamliner belonging to Polish airline LOT takes off from the Chopin International Airport in Warsaw yesterday. The airline resumed service...
ISTANBUL: The Federal Reserve may need to let inflation run a little higher than its two percent target in order to bring down...
DALLAS: Kinder Morgan Energy Partners LP said that it has shelved plans for a pipeline carrying crude oil from Texas to California because...
TOKYO: Cerberus Capital Management LP said yesterday it had secured the one-third stake in Seibu Holdings needed to veto decisions at shareholder meetings,...
Tom Parker, Max George, Jay McGuiness and Siva Kaneswaran of the band The Wanted ring the Closing Bell at the Nasdaq in Times...
The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada answers journalists’ questions before an Opec meeting in Vienna...
The Samsung Galaxy S4 Mini smartphone. Samsung plans to introduce the 4x3 inch display smartphone, smaller than the 5-inch Galaxy S4 in London...
BRUSSELS: France and Germany have thrown their weight behind creating a permanent president for economic policy in the eurozone, a role that would...
TOKYO: Japan’s crude imports from Iran fell in April to the lowest in nine months, as refiners cut purchases because of uncertainty over...
LONDON: British travel firm TUI Travel agreed to buy 60 mid-range Boeing jets with an option for 90 more, moving to make its...
A Kingfisher Airlines aircraft parked at the airport in New Delhi. Kingfisher posted a net loss of Rs21.42bn ($382m) in the three months...
BRUSSELS: Eurozone unemployment hit a fresh high in April for the 24th month, deepening the plight of the jobless young and raising analyst...
LONDON: European stock markets fell and the euro dropped against the dollar yesterday as traders digested record high eurozone unemployment data following weak...
ZURICH: The unified front with which Switzerland’s banks have defended their culture of secrecy is breaking down as some prepare to hand over...
LONDON: Britain’s net gas imports rose to the highest ever level in the first quarter, government data showed, underscoring the country’s growing dependence...