Business / World Business

Final puffs for France's last tobacco factory 02 Oct 2019 - 09:32 pm

Sarlat-la-Caneda: Gerard Chanquoi looks sadly at the conveyor belts of France's sole remaining tobacco processing factory as they whirl for the last times...

Too big to lend? JPMorgan cash hit Fed limits, roiling US repos 01 Oct 2019 - 11:59 pm

NEW YORK: JPMorgan Chase & Co has become so big that some rival banks and analysts say changes to its $2.7 trillion balance...

Alarm bell as top global firms score poorly on harassment 01 Oct 2019 - 09:37 pm

LONDON: Almost six out of 10 global companies do not have an anti-sexual harassment policy two years after #MeToo went viral, a survey...

Ford joins Mahindra to boost brand in India 01 Oct 2019 - 05:21 pm

NEW YORK: Ford and Mahindra are joining forces to expand the American automaker's presence in India and develop electric vehicles for emerging markets....

Nigeria fights back, but threat of $9 bln penalty looms 30 Sep 2019 - 11:51 pm

LAGOS: A British judge has given the Nigerian government permission to seek to overturn a ruling that would enable Process and Industrial Developments...

The jet subsidy row that threatens transatlantic trade war 30 Sep 2019 - 11:36 pm

The United States and European Union are edging closer to a tit-for-tat tariff war over aircraft subsidies as a 15-year-old dispute at the...

Apple is denied tariff relief on five Mac Pro parts after staying in Texas 30 Sep 2019 - 09:21 pm

Apple Inc. was denied relief for tariffs on five Chinese-made components for the upcoming Mac Pro computer, even after the company announced it...

EU trade chief nominee urges US not to launch new tariff war 30 Sep 2019 - 09:21 pm

BRUSSELS: The Irishman set to take over as the European Union's top trade official on Monday urged the United States not to launch...

McCartney presents eco-manifesto at Paris Fashion Week show 30 Sep 2019 - 06:47 pm

PARIS: Riding on the increased focus on the fight against climate change, the fashion industry's eco-pioneer Stella McCartney turned parts of her Paris...

Plenty more fish in the sea? Not for the poor and hungry, researchers say 29 Sep 2019 - 11:09 pm

ROME: Swapping fish for meat to help combat climate change risks exacerbating hunger in Africa, from where fish is increasingly exported to wealthy...

In Honduras, years of drought pressure farmers to leave land 29 Sep 2019 - 10:58 pm

BOGOTA: Rising numbers of farmers in drought-stricken Honduras could be forced to leave their homes unless support for rural communities is ramped up...

Polish banks haunted by Swiss franc mortgages in European court 29 Sep 2019 - 08:41 pm

WARSAW: Europe's highest court will rule next week whether a bank in Poland broke the law by selling homeowners a Swiss franc mortgage,...

Monetary stance of US Fed FOMC members 29 Sep 2019 - 10:12 am

The US Federal Reserve has decided to cut rates for the second time in eleven years at its latest monetary policy meeting in...

Fiat Chrysler to pay $40M fine for overstating sales numbers 27 Sep 2019 - 09:06 pm

DETROIT: Fiat Chrysler is paying $40 million to settle with U.S. securities regulators who say the automaker misled investors by overstating its monthly...

Kenyans rush to swap banknotes as cash ban looms 27 Sep 2019 - 09:06 pm

Nairobi: Last week a man walked into a Nairobi car yard and paid for a luxury Mercedes with a mountain of 1,000 shilling...

Hunt for tax havens fuels $47 billion stampede into muni debt 27 Sep 2019 - 09:06 pm

Municipal bonds have never been at risk of becoming the next big thing for bubble-chasing investors, like crypto currencies or tech IPOs. But...

Portugal sets aside 150 mln euros to offer credit to firms hit by Thomas Cook collapse 27 Sep 2019 - 08:02 pm

LISBON: The Portuguese government has earmarked 150 million euros ($164 million) worth of credit to help local companies affected by the collapse of...