Colombo: Sri Lanka on Saturday sealed a billion-dollar deal to let a Chinese state firm take over a loss-making port in a move...
Colombo: Sri Lanka on Saturday sealed a billion-dollar deal to let a Chinese state firm take over a loss-making port in a move...
London: A Hong Kong firm struck a record deal for a London skyscraper yesterday amid a rise in foreign investment in property since...
Moscow: Russia risks being saddled with US sanctions for decades, curbing economic growth and preventing it from regaining its status as a leading...
WASHINGTON: After roughly three months of closed-door talks, the Trump administration and Republican congressional leaders appear to have made little concrete progress on...
Mumbai: India’s top-selling car maker Maruti Suzuki India yesterday missed its quarterly earnings estimate owing to a jump in expenses caused by a...
London: German short-dated government bond yields hit a six-week low yesterday as investors detected a softening in the Federal Reserve’s inflation view that...
Washington: Orders for major US manufactured goods spiked in June to a three-year high as civilian aircraft orders more than doubled, the Commerce...
London: German short-dated government bond yields hit a six-week low yesterday as investors detected a softening in the Federal Reserve’s inflation view that...
Frankfurt: The world’s biggest luxury carmaker Daimler reported strong financial results for the first half yesterday, but the performance was shaded by scandals...
Chancellor of the Exchequer Philip Hammond said the U.K. wanted discussions with the European Union over transitional arrangements to start as soon as...
London: Over half a billion dollars were poured into British financial technology companies in the first half of 2017, over a third more...
Detroit: Ford Motor Co yesterday reported a better-than-expected quarterly net profit due to a lower tax rate and increased US sales of more-profitable...
New York: Strong earnings boosted U S stocks yesterday, driving the S&P 500 .SPX to a record high while also sending a popular...
Colmbo: Sri Lanka’s cabinet cleared a revised agreement for its Chinese-built southern port of Hambantota yesterday, the government said, after terms of the...
Beijing: China’s Foreign Ministry has urged a halt to oil drilling in a disputed part of the South China Sea, where Spanish oil...
London: U S retailer Michael Kors has agreed to buy luxury shoemaker Jimmy Choo for $1.2bn, snapping up a British company whose towering...
London/Athens: Greece sold debt to private investors for the first time in three years yesterday, a significant step towards gaining financial independence and...
New York: General Motors saw profits plunge in the second quarter after it took a hit from the cost of shuttering less profitable...
