WASHINGTON: President Donald Trump signed an executive order on Friday initiating a government-wide review of the U.S. defense industry and suggest changes to...
WASHINGTON: President Donald Trump signed an executive order on Friday initiating a government-wide review of the U.S. defense industry and suggest changes to...
Johannesburg: Naspers Ltd awarded Chief Executive Officer Bob Van Dijk $10.4m in long-term share options as Africa’s biggest company by market value seeks...
London: Britain’s major share index fell on Friday but had its strongest weekly gains in two months, sheltered from the battering European stocks...
Karachi: Pakistan’s central bank left its interest rate unchanged in the first meeting headed by Governor Tariq Bajwa who was appointed this month...
Seoul: The combined amount of fixed deposits at South Korean banks increased sharply over the first six months of 2017 despite low interest...
The U S dollar hit its lowest level in more than a year against a basket of major rivals on Friday a day...
Brussels: EU antitrust regulators are investigating allegations of a cartel among a group of German carmakers, the European Commission said yesterday, a measure...
Jennifer A. Dlouhy: Donald Trump’s allies in the oil industry are warning the president that his bid to boost US steelmakers could backfire...
As part of its review of Amazon’s agreement to buy Whole Foods, the Federal Trade Commission is looking into allegations that Amazon misleads...
Mumbai: India's richest man Mukesh Ambani said Friday that his telecoms venture Jio would launch a free smartphone, escalating a price war that...
Berlin: German luxury car maker Daimler, which is being investigated for alleged emissions cheating, announced Tuesday a voluntary recall of more than three...
TOKYO: Takata Corp’s bankruptcy filing last month was meant to draw a line under the auto industry’s biggest safety recall, but last week’s...
NEW DELHI: Air India is drawing up a proposal to offer voluntary buyouts to just over a third of its 40,000 employees, a...
It was the elephant in the room throughout Europe’s debt crisis, but ultimately too sensitive an issue for supervisors to fiddle with. Regulations...
London: Gold climbed yesterday and was likely to see further gains after the dollar slumped to multi-month lows on the back of data...
China’s economy grew faster than expected in the second quarter, putting the nation on track to meet its growth target this year and...
Paris: A serious cyber-attack could cost the global economy as much as $53bn, putting it on a par with Hurricane Sandy in 2012,...
Paris: The IMF yesterday hailed French President Emmanuel Macron’s “ambitious” reform programme, saying his spending, labour and tax overhauls could go “a long...
