Business / World Business

Italy launches 5 billion euro fund to tackle bad debt: report 12 Apr 2016 - 12:00 am

A Bank of Italy banking branch is seen in Rome, April 11, 2016. REUTERS Tony Gentile Rome: Italy announced the creation of a...

Honda recalls older Accords with incorrect air bag modules 12 Apr 2016 - 12:00 am

Visitors walk past a logo of Takata Corp on its display at a showroom for vehicles in Tokyo Japan in this February 5, ...

India's Tata Steel begins formal sale of UK unit 12 Apr 2016 - 12:00 am

This file photo taken on October 17, 2015 shows a signboard at the Tata Steel plant in Scunthorpe, in north east England. Indian...

Italy PM Renzi defends flagship reform before half-empty chamber 12 Apr 2016 - 12:00 am

Matteo Renzi. Reuters ROME: Italian Prime Minister Matteo Renzi, speaking on Monday to a half-empty parliament that had been abandoned by the opposition,...

British finance minister Osborne publishes 2014-2015 tax record 11 Apr 2016 - 05:40 pm

George Osborne. Reuters LONDON: British finance minister George Osborne published details of his tax records for 2014/15 on Monday, following the lead of...

Lew: US should not surrender global economic leadership 11 Apr 2016 - 05:07 pm

This file photo taken on March 8, 2016 shows US Secretary of the Treasury Jacob Lew speaks during the Senate Appropriations Committee Subcommittee...

Top finance job still unclear in new Ukraine government 11 Apr 2016 - 04:41 pm

KIEV: Ukraine's likely new prime minister Volodymyr Groysman said on Monday that coalition members were assembling a reform-minded cabinet to root out corruption...

Daily Mail confims talks with potential Yahoo bidders 11 Apr 2016 - 01:40 pm

London: The parent group behind British tabloid Daily Mail revealed Monday that it is in talks with "a number of parties" over a...

China to drag down growth in developing Asia: World Bank 11 Apr 2016 - 09:37 am

Pedestrians pass a sign announcing the 2016 spring meetings of the International Monetary Fund and World Bank outside of the IMF headquarters on...

Britain urges China to cut steel production 09 Apr 2016 - 05:00 pm

Speaking with Chinese Foreign Minister Wang Yi in Beijing, en route to Hiroshima for the G7 Foreign Ministers' meeting, British Foreign Secretary Philip...

French carmaker Renault to invest $1 bn in Morocco 09 Apr 2016 - 02:30 pm

Rabat: French carmaker Renault has signed agreements with Morocco to invest more than $1 billion and create 50,000 jobs in the North African...

Sri Lanka requests equity swap for some of its $8 bln China debt 09 Apr 2016 - 09:09 am

Sri Lankan Prime Minister Ranil Wickremesinghe (L) shakes hands with Chinese President Xi Jinping before a meeting at Great Hall of the People...

France's Vivendi, Italy's Mediaset clinch deal in challenge to Netflix 09 Apr 2016 - 09:06 am

Mediaset's Chief Executive Pier Silvio Berlusconi gestures during a news conference at the headquarter in Cologno Monzese, near Milan, Italy, April 8, 2016. ...

France, Germany halt Airbus export credit amid UK probe 09 Apr 2016 - 12:00 am

REUTERS/ File By Tim Hepher and Gernot Heller PARIS: France and Germany have joined Britain in suspending export credit facilities for Airbus jet...

Yahoo extends deadline for opening bids: report 09 Apr 2016 - 12:00 am

A Yahoo logo is pictured in front of a building in Rolle, 30 km east of Geneva, in this file picture taken December...

GM settles 'bellwether' ignition lawsuit avoiding trial 08 Apr 2016 - 06:49 pm

REUTERS/ File New York: General Motors settled a wrongful death lawsuit, attorneys said Friday, averting a trial on charges the automaker's ignition-switch defect...