Business / World Business

European shares dip as Trump reignites trade war fears 27 Nov 2018 - 08:01 pm

MILAN: European shares fell on Tuesday after a new threat by Washington to impose more tariffs on Chinese products and fears the trade...

U.K. Airlines say Brexit uncertainty starting to hurt bookings 27 Nov 2018 - 03:54 pm

After two years of insisting that Brexit has had no impact on flight bookings, U.K. airlines are starting to see the first evidence...

Wave of refinery shutdowns may push India into importing fuel next year 27 Nov 2018 - 12:21 pm

NEW DELHI/MUMBAI, A wave of shutdowns will hit Indian state-owned refineries next year as the country prepares for cleaner fuels from April 2020,...

Trudeau 'deeply disappointed' over GM's Canada plant closure 26 Nov 2018 - 08:18 pm

Ottawa: Prime Minister Justin Trudeau said Monday he had expressed his "deep disappointment" to General Motors over its decision to shutter a Canadian...

In China's hinterland, car market growth engine sputters 26 Nov 2018 - 05:34 pm

PINGDINGSHAN, China: When Cao Jun, 40, an engineer from the central Chinese city of Pingdingshan, takes his old, grey MG 3 car to...

Trump is right, jobs for black Americans abound. Here's why it may not last 26 Nov 2018 - 05:18 pm

MEMPHIS: Ask Memphis residents and they might say that President Donald Trump got this one right: this is the best job market as...

Italy open to cutting deficit in disputed budget 26 Nov 2018 - 02:00 pm

Rome: Italy's populist government appeared open Monday to reducing its draft budget deficit, boosting stocks in Milan on hopes Rome could ease a...

Ghosn in firing line again as Mitsubishi Motors board meets 26 Nov 2018 - 10:14 am

Tokyo: Mitsubishi Motors Corp's board will meet on Monday to remove Carlos Ghosn from his role as chairman after his arrest and ouster...

Italy's Salvini signals possible offering to EU in budget spat 25 Nov 2018 - 09:43 pm

Deputy Premier Matteo Salvini signaled a new openness to change Italy’s budget deficit target for next year, the focus of a standoff with...

Whistleblowers making their mark on business world 23 Nov 2018 - 11:41 pm

Paris: UBS, Danske Bank, Cambridge Analytica and now Renault-Nissan: the probe into Carlos Ghosn demonstrates the growing power of whistleblowers as transparency requirements...

Ghosn's income under-reporting 'may reach $71 million' 23 Nov 2018 - 11:24 pm

Tokyo: Nissan's former chairman Carlos Ghosn under-reported his income by a total of $71 million -- much more than initially suspected -- Japanese...

Italy to resist budget pressure ahead of EU elections 23 Nov 2018 - 11:20 pm

ROME: Italy said on Thursday it would resist pressure from Brussels to revise its big-spending budget, effectively daring EU authorities to punish it...

Amazon hit by strikes in Europe on 'Black Friday' 23 Nov 2018 - 05:25 pm

Madrid: Amazon workers in Spain, Germany and Britain went on strike on the day of the "Black Friday" sales bonanza asking for better...

Ghosn gone: Nissan drives out chairman after arrest 22 Nov 2018 - 11:18 pm

Tokyo: Nissan's board sacked Carlos Ghosn as chairman on Thursday, a spectacular fall from grace for the once-revered boss whose arrest for financial...

UK looks to hydrogen as source of green energy to make heat 22 Nov 2018 - 11:18 pm

An influential panel of lawmakers in Parliament is encouraging the government to develop hydrogen as a way to provide a green form of...

Nissan board meets to oust fallen tycoon Ghosn as chairman 22 Nov 2018 - 01:21 pm

Tokyo: Top executives from crisis-hit Japanese car giant Nissan gathered to sack Carlos Ghosn as chairman Thursday, after his spectacular arrest for financial...

OECD warns of global slowdown 22 Nov 2018 - 01:06 am

Paris: The global economy has peaked and faces a slowdown driven by international trade tensions and tighter monetary conditions, the Organisation for Economic...