Norway's sovereign wealth fund, the world's largest, has called for a cap on executive pay and fiscal transparency at the companies in which...
Norway's sovereign wealth fund, the world's largest, has called for a cap on executive pay and fiscal transparency at the companies in which...
Ottawa: Canada's manufacturing sector in March posted the largest one-month increase in jobs since 2002, but it wasn't enough to buoy overall jobs...
New York: A long-term shift to low interest rates in major economies would heighten challenges to global financial stability by stressing banks and...
UNITED Parcel Service Inc. purchased its first used Boeing Co 767s, grabbing older models that are in high demand as package shipments increase...
Wolfburg, Germany: Members of the Porsche-Piech clan that controls Volkswagen will no longer be eligible to serve as executives of the carmaker, Porsche...
Rome: An Italian court on Friday banned the use of smartphone apps for the ride-hailing group Uber, saying they contribute to traditional taxis...
Beijing: China's foreign exchange reserves stayed above $3trillion in March, during which a pause in the dollar's rally aided Beijing's efforts to contain...
Berlin: Nestle SA Chief Executive Officer Ulf Mark Schneider said many food and beverage companies are focused so much on cutting costs that...
Washington: The US unemployment rate fell in March to 4.5 percent, its lowest level in nearly 10 years, but job creation tumbled unexpectedly,...
London: Gold hit a five-month high yesterday as investors looking for safety piled into the precious metal after the United States fired cruise...
Johannesburg: Ratings agency Fitch downgraded South Africa’s credit rating to sub-investment grade yesterday, saying a recent cabinet reshuffle that saw respected finance minister...
London: Britain's industrial output fell by more than anticipated in February in a sign that the economic resilience seen after the Brexit referendum...
Sydney: Australia yesterday said it had slapped seven large multinationals with a multi-billion-dollar tax bill as it pursued global firms shifting profits offshore...
Frankfurt: The European Central Bank will not raise interest rates before ending its mass bond-buying programme, president Mario Draghi (pictured) yesterday, quashing speculation...
Washington: New claims for jobless benefits in the United States fell precipitously at the close of March, posting their biggest weekly drop in...
Developing Asian countries will drive the world economy in the next two years, the Asian Development Bank said yesterday, but it warned of...
