New York: Two major US banks posted strong earnings last year, boosted by the recovering economy and booming financial market that followed the...
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...
WASHINGTON: A federal grand injury indicted three former executives at Takata Corp for criminal wrongdoing in the Japanese auto parts maker’s handling of...
BEIJING: China’s banks extended a record 12.56 trillion yuan ($1.82 trillion) of loans in 2016 as the government encouraged more credit-fueled stimulus to...
Frankfurt am Main: Several European Central Bank governors were against any extension of the institution's mass bond-buying programme as inflation picked up in...
LONDON: Marks & Spencer (M&S) soundly beat forecasts for Christmas trading with its first quarterly rise in clothing and homeware sales in nearly...
India’s central bank refused to share specific details of Prime Minister Narendra Modi’s ban on high-value banknotes citing danger to life and national...
Brussels: Industries across the euro zone cranked up output in November and Germany ended the year with its strongest growth in five year,...
MIAMI: A Volkswagen AG executive indicted in the company's U.S. emissions scandal who was arrested in Miami while on vacation was denied release...
DETROIT: General Motors Co Chief Executive Mary Barra says often that the auto industry will change more during the next decade than it...
The U.S. Environmental Protection Agency on Thursday will accuse Fiat Chrysler Automobiles NV of using software that allowed excess diesel emissions in just...
New Delhi: India's salt-to-steel conglomerate Tata Sons Thursday appointed Natarajan Chandrasekaran, the chief of its IT services unit, as the new chairman of...
Mumbai: India's biggest IT sourcing firm Tata Consultancy services reported better-than-expected quarterly earnings on Thursday, boosted by demand for its digital services. The...
Moscow: Car sales in Russia fell 11 percent in 2016, an industry group said Thursday, while predicting that the crisis-hit sector would bounce...
SEOUL: Samsung Vice Chairman Lee Jae-yong faced up to the possibility of arrest Thursday, as he showed up for questioning by investigators in...
Colombo: The European Commission on Wednesday proposed restoring tariff concessions for imports from Sri Lanka after scrapping them for seven years, as the...