OTTAWA: Canadian aircraft manufacturer Bombardier faces $3.4bn in lost potential sales to Russia as Canada and its allies impose sanctions over the former...
OTTAWA: Canadian aircraft manufacturer Bombardier faces $3.4bn in lost potential sales to Russia as Canada and its allies impose sanctions over the former...
NEW YORK: The prevailing trend in US stocks could be higher this week if investor anxiety eases over the crisis in Ukraine and...
HELSINKI: The Ukraine crisis has not had much impact on international financial markets so far, although it has hit Ukraine and Russia, European...
WASHINGTON: Swiss bank Credit Suisse agreed to pay $885m to settle US charges it sold shoddy mortgage bonds to Fannie Mae and Freddie...
BEIJING: China’s central bank will focus on liberalising bank deposit rates over the next two years, while loosening its grip on the yuan...
WASHINGTON: The United States said it was planning to begin negotiations with other leading trading countries for a deal to cut tariffs for...
Detroit: General Motors Co and its Chief Executive Mary Barra are being sued by an investor for failing to adequately address known defects...
FRANKFURT/MILAN: Fiat Chrysler Automobiles (FCA) will unveil seven new Alfa Romeo models and push to increase sales of the sports car brand fivefold,...
HARARE: The African Export-Import Bank (Afrexim) yesterday gave Zimbabwe a $100m loan to allow its central bank to set up an inter-bank market...
The QIB team with the award. DOHA: Qatar Islamic Bank (QIB) has once again been named the ‘Best Islamic Bank in Qatar’ by...
Bankia’s Chief Executive Jose Ignacio Goirigolzarri (left) and the Directors Board Secretary Miguel Crespo at the annual shareholder meeting in Valencia, yesterday. VALENCIA:...
The broken letter “N” of the word “BANK” is hung with a wire to the main signboard of Sri Lanka’s Central Bank in...
A man walks past the head office of Bank Rossiya in St Petersburg yesterday. Visa Inc and MasterCard Inc have stopped providing services...
Shoes displayed in the Nike store in Santa Monica, California. Nike Inc said that global orders for its merchandise soared heading into the...
SINGAPORE/LONDON: Asian spot liquefied natural gas (LNG) prices may have bottomed out this week as Japanese buyers stepped back into the market to...
LONDON: Oil companies are reviewing their dealings with Russian energy trader Gunvor but have not yet altered their business links, industry sources said...
AMSTERDAM: As reconstructed Dutch bank ABN Amro prepares to go back to the stock market, the bailed-out lender’s modest new profile appears to...
LONDON: Britain’s public finances showed an underlying improvement in February compared to a year earlier, but the gain may not be enough to...