Business

Luxembourg:  Intel Corp’s eight-year clash with the European Union over chip pricing has dragged on so long that the $1.26bn antitrust fine, a...

Houston:  It might seem like Houston’s historic flood would make America’s fourth-largest city a less desirable place to live, but it’s going to...

Russia is likely to back a further extension of the OPEC agreement cutting oil output, judging that it has helped to stabilize the...

Tokyo:  Hundreds of chief executives and business leaders in the US have signed a letter urging President Donald Trump not to scrap a...

The man who predicted the 2008 global financial crisis also presaged the damage Prime Minister Narendra Modi’s unprecedented cash ban would cause to...

CERNOBBIO, Italy: A referendum on Italy’s membership of the euro currency would be held only as a “last resort” if Rome does not...

Washington:  The US Energy Department said yesterday that it would release a second batch of oil from the Strategic Petroleum Reserve totaling 1...

Brussels:  EU chief Brexit negotiator Michel Barnier (pictured) warned yesterday that the European Union and Britain had made no substantial breakthroughs in talks...

Visitors inspect caravans during the Dusseldorf Caravan Salon 2017, international mobile vacationing fair, in Dusseldorf, Germany on August 30, 2017. ( Mesut Zeyrek...

NEW YORK: General Electric Co is making plans to significantly reduce corporate staff in an effort to cut spending and boost profits under...

Paris:  French President Emmanuel Macron’s government unveiled a major overhaul of the labour code yesterday, a signature reform that will test his ability...

London:  Gold prices rose yesterday as the dollar retreated after data showed subdued price pressures in the United States, while rising security concerns...

Brussels:  New on-road car emissions testing comes into force in the European Union today as regulators strive to prevent a repeat of Volkswagen’s...

Washington:  US consumer spending rose slightly less than expected in July and annual inflation increased at its slowest pace since late 2015, which...

New Delhi:  India’s growth slumped to 5.7 percent in the first quarter of the financial year, official data showed yesterday, below predictions as...

MUMBAI:  Reserve Bank of India Governor Urjit Patel on Thursday reiterated his warnings about the consequences of waiving farm loans for distressed farmers,...

Singapore: Crude prices fell further in Asian trade Thursday as refineries shut down by deadly storm Harvey in the key oil-producing US Gulf...

Shanghai: Flag carrier Air China said its first-half net profit grew only slightly as surging jet fuel costs cut into higher revenue earned...