LONDON: A group of Credit Suisse investors has sued Swiss financial regulators after a government-engineered takeover of the struggling bank by rival UBS...
LONDON: A group of Credit Suisse investors has sued Swiss financial regulators after a government-engineered takeover of the struggling bank by rival UBS...
New York again topped the list of the world's wealthiest cities, boasting some 340,000 millionaires last year, according to investment migration firm Henley...
London: British drugmaker GlaxoSmithKline on Tuesday announced the purchase of Canadian chronic cough treatment specialist Bellus for US$2 billion. It comes after GSK,...
Helsinki: Japanese video games group Sega has offered to buy Angry Birds maker Rovio, valuing the Finnish company at over 700 million euros...
Ottawa: The Bank of Canada decided to hold its interest rate steady at 4.5 percent while the impact of its previous rate hikes...
Singapore: Gold prices rose for the third consecutive session yesterday, as lower-than-expected US inflation data boosted bets that the Federal Reserve (US central...
London: The UK economy unexpectedly stalled in February with the country facing more strikes as a cost-of-living crisis erodes the value of wages,...
ISLAMABAD: The International Monetary Fund has slashed the growth outlook for cash-strapped Pakistan, forecasting the South Asian country's fragile economy will grow just...
The International Monetary Fund (IMF) slightly lowered its outlook for the global economy yesterday, saying that the global economy will grow by 2.8...
Tech giant Amazon has been conspicuously absent from the mounting AI wars in Silicon Valley, despite its years-long development of voice assistant Alexa...
When chef André Magalhães opened Taberna da Rua das Flores in central Lisbon in 2012, he had to use a camping stove to...
Washington: The World Bank's ongoing reform could result in a $50 billion lending boost over the next decade, Treasury Secretary Janet Yellen told...
DETROIT: Tesla cut prices on its entire USelectric vehicle model lineup for the third time this year in an apparent effort to lure...
WASHINGTON: The International Monetary Fund chief said on Thursday the world economy is expected to grow less than 3% in 2023, down from...
Raghuram Rajan - the former International Monetary Fund chief economist who predicted the global financial crisis more than a decade ago - warned...
Geneva: The UBS chairman voiced confidence Wednesday that the Swiss bank will succeed in a government-engineered takeover of hobbled rival Credit Suisse, pledging...
Mastercard Inc. wants the plastic in consumers’ wallets to do less damage to the environment. Starting in 2028, the company will require all...
Zurich: Credit Suisse chairman Axel Lehmann said on Tuesday he was "truly sorry" that the beleaguered bank could not be saved as he...
