PRETORIA: South Africa has entered recession for the first time in eight years, data showed on Tuesday, piling pressure on a government facing...
PRETORIA: South Africa has entered recession for the first time in eight years, data showed on Tuesday, piling pressure on a government facing...
Mexico: Global airlines raised their 2017 profit forecast for the industry yesterday and heard pleas to stand by a pledge to curb emissions,...
Seoul: South Korea yesterday launched a $10bn stimulus package to create jobs and bolster welfare programmes in the country faced with slow growth...
Oslo: Norway’s $960bn sovereign wealth fund will ask the banks in which it has invested to disclose how their lending contributes to greenhouse...
Washington: The World Bank has maintained its forecast that global growth will improve to 2.7 percent this year, citing a pickup in manufacturing...
London: US stocks fluctuated near records, while Treasuries fell with the dollar a markets shrugged off the latest terror attacks in the UK...
The man who now leads the energy department he once promised to abolish is headed to China to make the case for why...
Moscow: Russia's largest gold producer, Polyus PJSC is selling shares worth at least $700m to meet Moscow’s stock-listing rules and raise cash. At...
Frankfurt: Germany’s largest bank has asked for more time to respond to a request from Democrats on a US House of Representatives panel...
Barcelona: The battle is on in Barcelona, Spain's popular Mediterranean city where two airlines have started competing for passengers in the emerging trend...
DAKAR, Senegal: The West African regional group ECOWAS signed a memorandum of understanding with Israel in the Liberian capital Monrovia on Saturday to...
Brussels: As the European Union forges closer ties with China, the bloc is also moving to calm concern that Chinese exporters will destroy...
London: British Prime Minister Theresa May has "timed well" this Thursday's snap general election because Britons face a major squeeze on consumer spending...
Tokyo: Japan’s stocks are on a roll this year, but even with a stronger yen to boost returns in dollars, Americans aren’t impressed....
Rabat - Morocco's trade deficit rose 35.8% to 40.23 billion dirhams ($4.14 billion) in the first quarter of 2017 compared to a year...
MUMBAI: India will tax gold at a rate of 3 percent under a new nationwide sales tax that comes into effect on July...
India’s coal-power plant developers are growing more pessimistic about their projects after a plunge in the cost of electricity from solar panels improved...
A surprise slowdown in Indian growth along with record-low inflation has thrown the central bank’s hawkish monetary-policy bias into question, with some economists...