Frankfurt am Main: German energy giant EON said it was in “advanced negotiations” to sell its remaining stake in fossil-fuels spinoff Uniper to...
Frankfurt am Main: German energy giant EON said it was in “advanced negotiations” to sell its remaining stake in fossil-fuels spinoff Uniper to...
New York: British billionaire Richard Branson said he is in talks to set up a fund to help Caribbean nations recently ravaged by...
Global political and business leaders defended trade and globalization while acknowledging that countries must do more to address the concerns of people who...
Washington: IMF chief Christine Lagarde warned that the US will fall short of its ambitious economic growth goals unless it can accelerate promised...
Washington: Sales of US existing homes fell to the lowest level in a year in August as low inventories left many would-be buyers...
New York: General Electric Co’s cost-cutting plan is claiming a high-profile victim: use of the corporate jets. Gone are the days when the...
Toshiba Corp.’s board agreed to sell its flash memory chip unit to a group led by Bain Capital for 2 trillion yen ($18...
President Donald Trump’s quest to open more factories and corporate headquarters in the U.S. scored a major win Thursday as Wisconsin lawmakers approved...
London: Anil Agarwal, an Indian mining billionaire, plans to purchase as much as $2bn worth of additional Anglo American Plc shares, increasing his...
Moscow: B&N Bank, Russia’s 12th biggest lender by assets, yesterday asked the central bank for a bailout, less than a month after another...
Frankfurt am Main: German heavy industry giant ThyssenKrupp and Indian group Tata agreed Wednesday to merge their steel operations in Europe, sending governments...
NEW YORK: Toys 'R' Us, the toy retailer struggling with $5 billion in debt and intense online competition, has filed for bankruptcy protection...
Shanghai: Chinese authorities have ordered Beijing-based cryptocurrency exchanges to cease trading and immediately notify users of their closure, signalling a widening crackdown by...
Washington: US retail sales unexpectedly fell in August, likely hurt by the impact of Hurricane Harvey on motor vehicle purchases, suggesting a moderation...
BRUSSELS: A trade agreement with post-Brexit Britain is a priority for the European Union and the United Kingdom will not have to wait...
Arlington: The Consumer Technology Association (CTA) has announced that more than 450 tech executives are slated to attend the first CES Unveiled Amsterdam,...
Frankfurt am Main: The European Central Bank must catch the right moment to wind down mass bond-buying and raise interest rates ahead of...
Johannesburg: Global auditor KPMG cleared out its South African leadership yesterday after damning findings of an internal investigation into work done for the...
