Business / World Business

Madrid:   A Spanish court on Friday ordered former IMF head Rodrigo Rato to stand trial for fraud over the failed 2011 listing of...

TOKYO:  When Mt. Gox, the world’s largest bitcoin trading exchange, collapsed in early 2014, more than 24,000 customers around the world lost access...

London: Manchester United's first-quarter revenue rose by 17 percent year-on-year to £141 million ($185.9 million, 158 million euros), the Premier League giants announced...

Paris: Airbus announced its biggest-ever order on Wednesday, signing a deal to supply 430 of its medium-range A320 family of aircraft to US...

Washington: US regulators have approved the first pill that contains a digital tracking sensor to alert doctors and caregivers as to whether a...

Mumbai: Indian telecom giant Bharti Airtel sold a half-billion-dollar stake in its mobile tower business Tuesday to help shrink its debts as it...

Frankfurt am Main: German energy giant RWE on Tuesday said it was confident of hitting the upper targets of its 2017 outlook after...

Tokyo: Struggling Japanese conglomerate Toshiba said Tuesday it has decided to sell its television business to China's Hisense Group as part of its...

Berlin: The German economy grew at a faster pace than expected in the third quarter, official data showed Thursday, as robust foreign demand...

London: Britain's competition regulator has given the green light to supermarket giant Tesco's £3.7-billion takeover of wholesaler Booker, it said Tuesday. The takeover,...

Tokyo: Major Japanese bank Mizuho Financial Group said Monday it aimed to slash 19,000 jobs over the next decade as it announced a...

New York: Scandal hit ride-sharing company Uber on Sunday announced a deal to sell a stake to Japan's SoftBank, as the firm looks...

San Francisco: Japan-based SoftBank is sending tremors through the tech world with a massive new venture capital fund for investing in startups that's...

Buenos Aires: German automaker Volkswagen on Friday announced a plan to invest $650 million in an Argentina plant where it will manufacture a...

SHANGHAI: Alibaba, the Chinese e-commerce giant, said its Singles' Day sales surged past last year's total just after midday Saturday, hitting a record...

ROME:  Global trade in avocados, mangos, pineapple and papaya is set to reach a new peak in 2017 though climate change threatens the...

LONDON: Bitcoin surged by 10 percent on Wednesday to hit an all-time high just shy of $8,000 after online reports that an upgrade...

Tokyo:  Japanese car giant Toyota Tuesday reported a rise in first-half net profit and raised its forecast for the whole year, citing a...