Mumbai: India's Tata has ousted Cyrus Mistry as a director of its cash cow IT business Tata Consultancy Services as the Indian conglomerate...
Mumbai: India's Tata has ousted Cyrus Mistry as a director of its cash cow IT business Tata Consultancy Services as the Indian conglomerate...
London: European stock markets rose solidly Tuesday, led by Milan's main index and Italian banking shares, after ailing UniCredit said it would axe...
Beijing: China's industrial output and retail sales growth both accelerated in November, government data showed Tuesday, in a sign of stabilisation for the...
MILAN: Italian bank UniCredit has agreed to sell one of its units for 3.8 billion euros ($4 billion), helping it raise cash and...
WASHINGTON: President-elect Donald Trump is stacking his trade transition team with veterans of the U.S. steel industry’s battles with China, signaling a potentially...
Paris: France's central bank trimmed its growth forecasts for 2016 and 2017 on Friday, citing a deterioration in the global economy and Britain's...
London: World stocks held near 16-month highs yesterday, set for a strong weekly gain, while the euro fell further after the European Central...
Beijing: China's difficulties in bringing home graft suspects who fled abroad have prompted tighter measures against illegal moves of capital and people beyond...
Brussels: The European Union has launched a new investigation into whether Chinese manufacturers are selling steel into Europe at unfairly low prices, a...
Karachi: Pakistan's main bourse is to sell a 40 percent stake next week, a company official said yesterday, citing Chinese and British consortia...
Abuja: Nigeria is turning to farming as dwindling oil income has driven the economy to the brink of its first full-year contraction in...
Frankfurt: German semiconductor chipmaking machinery company Aixtron may sell off part of its business, its chief executive said in an interview published on...
Beijing: Chinese producer prices rose at their fastest pace for five years in November, Beijing said yesterday, fuelling hopes that the world's factory...
Ankara: Turkey's statistics office said yesterday it was adjusting its methodology for calculating gross domestic product, days ahead of a data release expected...
London: Deutsche Bank AG moved the trader leading the wind-down of a $1.1 trillion credit-default swaps portfolio to a role in emerging-market bonds,...
New York: Coca-Cola announced Friday that chief executive Muhtar Kent will step down next year as the beverage giant confronts a tougher demand...
Beijing: A Chinese company yesterday said that it had scrapped plans to purchase German semiconductor equipment maker Aixtron after US President Barack Obama...