London: Faster UK inflation is putting the Bank of England on track for a rate hike. That’s according to the latest Bloomberg News...
London: Faster UK inflation is putting the Bank of England on track for a rate hike. That’s according to the latest Bloomberg News...
Beijing: US hard-disk drive manufacturer Seagate Technology will lay off more than 2,000 Chinese workers as it shutters a factory in eastern China,...
Washington: Ratings agency Moody's has agreed to pay nearly $864 million in a settlement with the US authorities over its inflated ratings of...
Ottawa: Canada must "phase out" Alberta's oil sands and end the country's dependence on hydrocarbons, Prime Minister Justin Trudeau said on Friday. "We...
New York: Walt Disney Co Chairman and Chief Executive Officer Bob Iger (pictured) received $43.9m in compensation in fiscal 2016, a 2.3 percent...
ANKARA: Turkey’s banking watchdog BDDK said on Friday the Bank of China had received permission to open a deposit bank with Turkish lira...
London: Japanese carmaker Nissan said it will conduct its first European real-world trials of self-driving cars in London, choosing Britain just months after...
London: Investors are still too negative on Syngenta AG’s deal with China National Chemical Corp. That’s according to OFI Asset Management, a Paris-based...
Frankfurt: The European Central Bank should begin winding down its expansive monetary policy in 2017 as inflation returns in the eurozone, German Finance...
China's massive export engine sputtered for the second year in a row in 2016, with shipments falling in the face of persistently weak...
Sydney: Australia has declared the Trans-Pacific Partnership (TPP) not dead ahead of key trade talks with Japanese Prime Minister Shinzo Abe in Sydney...
Paris: French prosecutors are investigating Renault over suspected cheating on vehicle exhaust emissions, a source at the Paris prosecutor’s office said yesterday, sending...
Brexit is pushing up house prices in Frankfurt as buyers expect wealthy professionals to move there from London, according to research by Deutsche...
Hong Kong: The dollar struggled to break back after its recent sell-off as investors fret over Donald Trump's lack of specifics on economic...
New York: Two major US banks posted strong earnings last year, boosted by the recovering economy and booming financial market that followed the...
Milan: Fiat Chrysler Automobiles (FCA) shares rose yesterday as investors played down the potential impact of the US Environmental Protection Agency (EPA) accusing...
San Francisco: A US appeals court on Thursday revived a civil suit accusing Apple of creating a monopoly by making its App Store...
Nintendo Co.’s new Switch gaming console is off to an underwhelming start. The new machine, a tablet-sized device with wireless controllers that can...
