London: British shoppers unexpectedly cut back on their spending in January as last year's Brexit vote pushed up inflation, official data showed yesterday,...
London: British shoppers unexpectedly cut back on their spending in January as last year's Brexit vote pushed up inflation, official data showed yesterday,...
Rock-bottom interest rates hurt more big European banks in 2016 than in the previous year, but the worst could soon be over with...
Athens: Greece said on Thursday it intends to reach "a political agreement in principle" with its creditors on Monday, in order to unblock...
A province governed by India’s Prime Minister Narendra Modi for 13 years is impeding his plans to promote clean energy. Modi’s effort to...
Frankfurt: Unions and employee representatives of German carmaker Opel said Friday they are ready to play a "constructive" role in negotiations over a...
Allianz SE reported a 23 percent increase in fourth-quarter net income and announced its first-ever share buyback as Europe’s biggest insurer makes good...
London: A money-market squeeze, capital controls and shrinking foreign-currency reserves may make it difficult for investors to be bullish on Chinese bonds. Not...
London: World stocks hit an all time high yesterday as the latest round of robust global data matched hopes that major economies like...
Frankfurt: German stock exchange operator Deutsche Boerse reported strong increases in earnings and profits for 2016, as it awaits regulators' go-ahead for a...
Zurich: Nestle SA’s new Chief Executive Officer Mark Schneider said it will take years to return to the growth rates targeted by his...
Busy storefronts and an inflation pickup show the world's largest economy is starting 2017 much the same way it ended 2016: driven by...
Procter & Gamble, maker of Tide detergent and Gillette razors, will face ever greater pressure to slice costs and slow-growing divisions now that...
BERLIN: German Finance Minister Wolfgang Schaeuble dismissed criticism on Thursday that he waited too long to ban a practice that let two parties...
ATHENS/VIENNA: European Union officials urged Greece and its lenders on Thursday to conclude a long-overdue bailout review quickly to safeguard economic recovery but...
Hong Kong: Chinese technology giant Lenovo said it faced "sizeable challenges" Thursday as it saw profits plunge by more than two thirds. The...
Washington: US consumer prices in January rose at their fastest pace in nearly four years, a fresh sign that a pickup in inflation...
Helsinki: Finnish game giant Supercell saw its sales plateau last year amid harsh competition from its Japanese rival Nintendo's smash hit Pokemon Go,...
Tokyo: Toshiba shares plunged again Wednesday as it warned of a $6.2 billion writedown in its US nuclear power business and announced a...
