Chinese stocks fell and the Australian dollar skidded on Wednesday after Moody's downgraded its sovereign credit rating on China, adding to worries about...
Chinese stocks fell and the Australian dollar skidded on Wednesday after Moody's downgraded its sovereign credit rating on China, adding to worries about...
Amsterdam: Akzo Nobel shareholders angered by the Dulux paint maker's rejection of a €26.3bn ($29.5bn) takeover proposal from US rival PPG Industries took...
Shanghai: China's Hainan Airlines, which has poured billions of dollars into overseas acquisitions, announced plans yesterday to buy 19 Boeing aircraft for $4.2bn...
Lima: Peru has canceled a $525m contract with a Peruvian-Argentine consortium to build an airport near the city of Cusco because of financing...
Brasilia: Brazilian Finance Minister Henrique Meirelles said yesterday a corruption scandal would only briefly delay an overhaul of the country's pension system and...
Berlin: Chancellor Angela Merkel blamed a “too weak” euro for part of Germany’s trade surplus, telling a group of students that bolstering domestic...
Paris: General Electric Co is the latest US company to be investigated by European Union (EU) for possibly turning in misleading information during...
Mumbai: Indian billionaire Ajay Piramal wants to sell mortgages and build affordable homes as the drugs-to-data conglomerate seeks to ride an estimated $1.3...
London: Countries in sub-Saharan Africa need to get their budgets in order, diversify their economies and look after their poorest people. If they...
ISTANBUL: Turkey and Russia signed a declaration in Istanbul on Monday to remove restrictions on bilateral trade that had been placed after the...
Ford Motor: Ford Motor Co Chief Executive Mark Fields will leave the carmaker as part of a shake-up that includes other top executive...
Shanghai: China's main stock indexes were little changed on Monday morning as strength in financials and raw materials were offset by weakness in...
Beijing: China's commerce minister Zhong Shan told new United States Trade Representative Robert Lighthizer the two sides should strengthen cooperation and manage disputes...
New York: Having won over Wall Street and Silicon Valley with a low-cost messaging platform that aims to remake the way traders communicate,...
London: JPMorgan Chase & Co’s Chief Executive Officer, Jamie Dimon said he remains optimistic about the global economy and the prospects for regulatory...
Canberra: Australia’s biggest banks face a new tax, tougher penalties for misdeeds and efforts to spur competition as Prime Minister Malcolm Turnbull taps...
Oslo: In Scandinavia, issuance of junk bonds is approaching a pace not seen since a record was set in 2014. The difference now...
Washington: The repeated national security scandals rocking the Trump White House could derail the president's economic agenda and dampen the wave of investor...