A Russian-owned group of companies has agreed to pay nearly $6 million to settle U.S. civil allegations that the firms laundered proceeds of...
Airline and travel-industry groups are quietly expressing concern about a plan under consideration by U.S. security authorities to prohibit passengers from carrying their...
NEW YORK: Wall Street closed mixed Friday as companies in retail sector saw their shares decline while tech firms' stock prices rose. The...
New York: Fiat Chrysler is recalling more than one million US pickup trucks due to a software defect that disables side air bags,...
Bari, Italay: IMF chief Christine Lagarde (pictured) yesterday urged eurozone lenders to be "far more specific" in their commitment to debt relief for...
Washington/Beijing: The United States and China have agreed to take action by mid-July to increase access for US financial firms and expand trade...
Three years ago, Poland’s government seized $39 billion of its bonds held by the country’s pension funds and banned them from buying any...
Bari, Italy: G7-economic leaders will use the same language on trade, currencies and monetary policy at the end of their meeting in Italy...
Juba: South Sudan's largest bank is shutting more branches as hyperinflation and a shortage of dollars eat into the group's profits, the managing...
Acontinued concern about oil price weakness is likely to spur extension of Opec’s production cuts. Opec’s ability to bring down historically high global...
GE Power, a division of GE, has announced an order from Aluminium Bahrain B.S.C. (Alba) for a turnkey combined-cycle power plant, including three...
Bloomberg: India’s potential plan to sell only electric cars by the end of next decade would require nearly eight times the global stock...
Cairo: The International Monetary Fund said Friday it will release the second tranche of a $12-billion loan to Egypt, in a "vote of...
As Coca-Cola Co. Chief Executive Officer James Quincey settles into his new job, he’s facing a challenge that most of his predecessors never...
YANGON, Myanmar: The private ride-hailing service Uber officially launched operations Thursday in Myanmar's main city Yangon, aiming to tap into one of the...
SINGAPORE/KUALA LUMPUR: Demand for gasoline in Asia may peak much earlier than expected as millions of people in China and India buy electric...
QInvest, Qatar's leading private investment group and one of the region’s prominent Islamic financial institutions, reported a net profit of QR15m for the...
