Shanghai: China’s home-grown C919 passenger jet completed its long-delayed maiden flight on Friday, a major first step for Beijing as it looks to...
Shanghai: China’s home-grown C919 passenger jet completed its long-delayed maiden flight on Friday, a major first step for Beijing as it looks to...
YOKOHAMA, Japan: Japan and China agreed to bolster economic and financial cooperation, Japanese Finance Minister Taro Aso said on Saturday, as U.S. President...
Mumbai: India’s financial regulator will gain new powers to order banks to clean up as much as $180bn of soured loans on their...
London: Two former Barclays Plc traders agreed to settle US Securities and Exchange Commission claims that they misrepresented prices of bonds they sold...
Brasilia: Kazakhstan is offering to sell uranium to Brazil to cover the shortage of fuel for its atomic energy programme and help the...
San Francisco: PayPal Holdings Inc was accused by victims of an alleged Ponzi scheme of failing to detect the fraud while processing more...
OMAHA, Neb.: Warren Buffett on Saturday faulted Wells Fargo & Co’s previous management for failing to take action immediately upon learning that its...
London: Formula One star Lewis Hamilton has cemented his position as the richest sportsman in the UK, while Manchester United forward Zlatan Ibrahimovic...
Hamburg: Lufthansa has held talks with the Abu Dhabi government about the future of loss-making Air Berlin, its chief executive said yesterday, although...
YOKOHAMA: Chinese Finance Minister Xiao Jie skipped a trilateral conference with his Japanese and South Korean counterparts on Friday to attend an emergency...
Frankfurt: The European Central Bank's chief economist appeared to offer a tiny hint yesterday that the bank might soon begin thinking about scaling...
Out of more than 1,000 flights scheduled to take off or land at Shanghai’s vast Pudong International Airport on Friday, one marks the...
Rome: Google said yesterday that it would pay €306m ($334m) to settle a tax dispute in Italy, where it was under criminal investigation...
Washington: New applications for US jobless benefits fell sharply last week and the number of Americans on unemployment rolls hit a 17-year low,...
Hong Kong: HSBC said yesterday that pre-tax profit fell 19 percent in the first quarter but the bank's chief described them as "a...
London: With roughly half of Europe’s major companies having reported first-quarter results, more than 80 percent of the firms that have reported are...
BERLIN: A German state minister expressed alarm on Thursday at reports Switzerland had a spy in the regional finance ministry to find out...
London: Global gold demand fell 18 percent in the first quarter from a year earlier as US investors abandoned the precious metal after...