Mumbai: India’s biggest oil and gas producer will pay as much as $1.2bn to buy a majority stake in a gas field off...
Mumbai: India’s biggest oil and gas producer will pay as much as $1.2bn to buy a majority stake in a gas field off...
Philippine property to banking conglomerate Ayala Corp said, two groups of companies in which its energy unit has stakes will acquire Chevron's geothermal...
Zurich: Deutsche Bank AG said it reached a $7.2bn agreement to resolve a years-long US investigation into its dealings in mortgage-backed securities, removing...
Beijing: China’s leadership is signalling growth will slow slightly in 2017, policy advisers say, as it struggles to strike a balance between supporting...
Washington: New US single-family home sales rose more than expected in November and consumer sentiment hovered near a 13-year high this month, strengthening...
Beijing: China slapped a $29m fine on General Motors Co for antitrust violations, a sign of the growing tensions between the US and...
Loan bankers in Asia are relying on companies’ merger and acquisition activities and China’s ‘One Belt, One Road’ initiative to fuel loan growth...
The imminent failure of Italy’s third-largest bank, Monte dei Paschi di Siena, is finally bringing the country’s long-festering banking crisis to the centre...
Donald Trump and Republican lawmakers have made no secret of their desire to remove shackles put on banks by the Dodd-Frank Act, and...
Los Angeles: Lockheed Martin Corp led defense stocks lower yesterday after US President-elect Donald Trump’s latest Twitter salvo over the cost of the...
London: The UK current-account deficit widened in the third quarter as Britain posted its worst trade performance in almost three years. The difference...
Yaoundé: IMF chief Christine Lagarde (pictured)yesterday joined a Cameroon summit of central African leaders aimed at tackling economic woes brought on by weak...
Washington: A federal judge said that Volkswagen AG has reached an agreement in principle to provide “substantial compensation” to the owners of about...
London: Gold edged higher yesterday in thin pre-Christmas trade as the dollar retreated from this week’s 14-year high, tempting some buyers to take...
Singapore: The Middle East crude benchmark Dubai fell on yesterday as demand for February-loading cargoes thinned after refiners had mostly secured their feedstock...
London: Gold steadied yesterday, as the dollar slipped and market participants waited for US economic data due later in the day. The United...
Shanghai: China’s liquefied natural gas imports surged to a record last month as the world’s third-biggest buyer boosted shipments to offset winter demand...
