NEW YORK: It was supposed to be our IPO, the people’s public offering. Facebook, the brainchild of a young CEO who sauntered into...
NEW YORK: It was supposed to be our IPO, the people’s public offering. Facebook, the brainchild of a young CEO who sauntered into...
NEW YORK: Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she...
WASHINGTON: Federal Reserve Chairman Ben Bernanke says pessimists forecasting that the economy will not reap sizeable benefits from the computer revolution are likely...
RYTRO, Poland: There is little chance that consumer inflation in Poland will quickly return to the central bank’s 2.5 percent target, a Monetary...
ATHENS: Greece’s second-largest lender Piraeus Bank has hired four international investment banks as advisers on its ¤7.33bn ($9.4bn) share issue, two bankers close...
WASHINGTON: Federal Reserve Chairman Ben Bernanke says pessimists forecasting that the economy will not reap sizeable benefits from the computer revolution are likely...
By Zoe Williams Never mind the EU referendum, there were some truly regrettable things about the Queen’s Speech: chiefly, the proposals to tackle...
Employees of the BLG Logistics Group working on a line of new Mercedes-Benz cars in Bremerhaven, Germany. European car sales posted their first...
WASHINGTON: Cyprus should return to growth in 2015 after three years of deep recession, the International Monetary Fund said yesterday, but will need...
NEW YORK: Oil climbed for a third straight session yesterday, supported by a raft of strong economic data from top oil consumer the...
PARIS: The development of new oil reserves and a more aggressive exploration strategy will enable French oil group Total to meet its targets...
NEW YORK: US consumer sentiment rebounded in early May to the highest level in nearly six years, an encouraging sign after recent data...
KUALA LUMPUR: Malaysia’s UMW Holdings Bhd plans to sell 39 percent of its oil and gas unit in an initial public offering this...
BIRMINGHAM: The Bank of England (BoE) may have more scope to boost the economy after Mark Carney starts as governor because of tentative...
ISTANBUL: Turkey hailed its second investment grade rating yesterday, seeing it as a seal of approval from international markets for a decade of...
LONDON: The European Commission investigation into possible oil price manipulation extended beyond three major companies to a smaller niche trading house, while a...
RUSTENBURG, South Africa: The leader of South Africa’s biggest platinum mining union threatened yesterday to bring Africa’s No. 1 economy “to a standstill”...
PARIS: French energy group GDF Suez has signed a joint-venture with US firm Sempra Energy and Japanese groups Mitsubishi and Mitsui relating to...
