Mumbai: India's central bank Wednesday cut interest rates for the first time in almost a year amid sluggish growth and record-low inflation in...
Mumbai: India's central bank Wednesday cut interest rates for the first time in almost a year amid sluggish growth and record-low inflation in...
NEW DELHI - In a move to corner India's vast, untapped smartphone market and elbow out foreign competitors, Mukesh Ambani, the country's richest...
Rome: France said Tuesday it was ready to seek other buyers for its biggest shipyard should Italy refuse a 50-50 ownership split, before...
Cape Town: South Africa’s central bank has a legal duty to fight inflation and keep the currency stable, its governor said yesterday, restating...
Mexico City: Mexico has named Kenneth Smith (pictured) as its chief negotiator for high-stakes talks set to begin next month aimed at revamping...
Paris: French automaker PSA said yesterday it had completed, ahead of schedule, the takeover of rival brands Opel and Vauxhall which makes the...
Havana: Communist-run Cuba said yesterday it was suspending issuing new licenses for certain private-sector activities from bed-and-breakfasts to restaurants until it had implemented...
Manila: Philippine electronics manufacturer Cirtek Electronics Corp said yesterday it had bought US technology firm Quintel for $77m. Cirtek chief financial officer Tony...
Mumbai: A private gauge indicates that India’s manufacturing output slid to the lowest since the financial crisis as the roll out of a...
Ferrari NV is considering adding a roomy four-seat “utility vehicle” as part of a major expansion push beyond its traditional supercar niche in...
New York: Bitcoin’s underlying software code could be split to create a clone called “Bitcoin Cash,” potentially providing a windfall for holders of...
London: Britain’s pound climbed to its highest levels against the dollar since mid-September yesterday, as data showing UK factory activity growth recovered from...
Washington: A measure of US factory activity fell from a near three-year high in July amid a drop in new orders and consumer...
Anthony Scaramucci’s deal to sell his stake in SkyBridge Capital is on track following his ouster as White House communications director. SkyBridge’s deal...
London: Britain does not intend to lower taxes far below the European average in order to remain competitive after Brexit but rather expects...
Washington: US political uncertainty over health care and tax reform is causing businesses to hold off on investments, a top Federal Reserve official...
Beijing: Growth in China’s manufacturing sector cooled slightly in July as foreign demand for Chinese goods slackened, but a government-led infrastructure push kept...
Hong Kong: HSBC said profits were up in the first half of the year after a turbulent 2016 which saw huge writedowns and...