LUXEMBOURG: European Union finance ministers failed early yesterday to reach an agreement on how to close down failing banks before they can do...
LUXEMBOURG: European Union finance ministers failed early yesterday to reach an agreement on how to close down failing banks before they can do...
TAIPEI: Taiwan and China signed a wide-ranging agreement to open up their service sectors, another milestone in the ever-closer trade and economic ties...
ATHENS: Greece’s recent government crisis and failure to meet privatisation targets will not derail an international bailout, Prime Minister Antonis Samaras said yesterday....
Workers clean a road intersection where Delhi metro work is in progress in New Delhi yesterday. India’s economy grew by five percent in...
Doha: GCC countries continue to have ample liquidity to finance the large investment projects planned over the next few years, according to QNB...
WASHINGTON: The stock market rallied to record heights last month, home prices have rebounded and the wealth of American households has returned to...
TOKYO: Japan’s Mitsubishi UFJ Financial Group plans to buy a 51 percent stake in Thailand’s Bank of Ayudhya for about 400bn yen ($4.1bn)...
SAN FRANCISCO: A few years ago, renting out a spare room via the lodging website Airbnb bordered on daring. Now, in thousands of...
An Airbus A350 participates in a flying display during the 50th Paris Air Show at the Le Bourget airport near Paris, yesterday. PARIS:...
WASHINGTON: New US Trade Representative Michael Froman said he expected growing trade problems with India to be a major early focus of his...
MUMBAI: Swiss bank UBS AG will surrender its Indian banking licence and close its banking unit, covering fixed income, forex operations and credit...
FRANKFURT: German tax authorities are investigating Barclays over the use of legal loopholes which cut the British lender’s tax bill by billions of...
Hundreds of flag waving workers participating in a protest rally organised by trade unions around the Colosseum in central Rome yesterday. ROME: Thousands...
LONDON: Egypt is relying increasingly on large Swiss trading houses for fuel supplies as it struggles to avoid energy shortages and unrest, while...
SAN FRANCISCO: Almost a year since Stockton, California became the biggest US city to file for bankruptcy, its leaders will review a tax...
Rockville, Maryland: Nissan Motor Co Ltd has announced a $100-a-month battery replacement plan for US owners of its electric Nissan Leaf. The plan...
Russian President Vladimir Putin addressing a meeting entitled “Energy Club Summit: Reshaping Global Oil Markets” at the St Petersburg International Economic Forum, yesterday....
PARIS: Lockheed Martin Corp, already the biggest US weapons maker and largest provider of IT services to the US government, wants to become...
