New Delhi: India's rapid economic growth has lifted 140 million people out of poverty in the past decade but many of its people...
New Delhi: India's rapid economic growth has lifted 140 million people out of poverty in the past decade but many of its people...
Los Angeles: California's governor announced Friday a $437 million plan for flood control and emergency response following a recent crisis in which part...
Kiev: Ukraine said Friday it was seeking a compromise with nationalist activists who were cutting off coal and other trade between the ex-Soviet...
Elon Musk is burning through cash and may need to raise more soon to produce the mass-market electric sedan Tesla Inc. is banking...
Frankfurt: German chemicals giant BASF yesterday said it expected higher oil prices to push up earnings this year after a challenging 2016, when...
Hong Kong: Asia-focused bank Standard Chartered yesterday announced it swung back to profitability, after it was able dampen the effect of bad loans....
London: Gold doesn’t offer yield. Junior miners may, and a leveraged exchange-traded fund tracking them has investors flocking to it. As the Direxion...
The dollar hit a six-week high against the euro Wednesday. The wider forex market, however, tells us that this latest move is mostly...
London: Merck & Co., one of the US’s biggest drug-makers, will write down most of what it paid for a promising, experimental hepatitis...
PARIS: France’s Safran has rejected criticism by a UK hedge fund over the strategy, structure and financial terms of a proposed $9 billion...
Berlin: China for the first time became Germany's most important trading partner in 2016, overtaking the United States, which fell back to third...
London: Royal Bank of Scotland said Friday that annual losses more than trebled in 2016 on litigation and restructuring costs, triggering more job...
London: Britain's business minister Greg Clark said he discussed with the chief executive of Peugeot the firm's approach to expand production, rather than...
Ottawa: Consumer prices in Canada jumped 2.1 percent in January over the same period last year, a stronger-than-expected increase triggered by a surge...
Johannesburg: South Africa’s central bank wants commercial lenders involved in the rand currency rigging scandal to be held accountable, deputy governor Daniel Mminele...
Beijing: Baidu Inc posted quarterly revenue that topped analysts’ estimates as it pushes into new businesses such as news aggregation to overcome government...
London: Boeing has chosen to open its first European factory in Britain, the US aircraft giant said yesterday, in a boost for UK...
At least four of Wall Street’s biggest banks are breaking with their bulge-bracket brethren, telling clients that the Federal Reserve will probably raise...