Over the last few years, Renminbi (RMB) internationalisation has gone full steam ahead against the backdrop of the appreciation of the currency. Following...
Over the last few years, Renminbi (RMB) internationalisation has gone full steam ahead against the backdrop of the appreciation of the currency. Following...
Baden Baden, Germany: The world's financial leaders will renounce competitive devaluations and warn against exchange rate volatility, but they have not yet found...
New Delhi: Indian government is considering easing rules for foreign retailers if they agree to sell more locally produced goods, according to an...
London: World stocks perched near a record high yesterday after a week when most of the world’s biggest economies either raised rates, or...
Berlin: Reforms to boost productivity are slowing in many countries, raising the risk that some industrialised nations will fall into a trap of...
Harare: Zimbabwe’s central bank has printed half of the ‘bond notes’ quasi-currency it intends to issue under a $200m scheme, a state newspaper...
Brussels: The European Commission on Friday re-instated a near 800-million-euros ($845 million) fine against leading global airlines, including Air France-KLM and British Airways,...
Sealine Beach, A Murwab Resort, and Qatar’s first leisure destination, has been named Luxury Travel Guide’s (LTG) ‘Luxury Beachfront Resort of the Year...
Saudi Arabian Oil Co. may deepen investment in China’s oil industry as part of $65 billion worth of potential deals signed between the...
New York: US homebuilding jumped in February as unseasonably warm weather boosted the construction of single-family houses to near a 9-1/2-year high, suggesting...
Water and electric power plants don't mix well naturally, unless you add some wind. Water tends to corrode and short out circuits. So...
Deutsche Lufthansa AG said a slide in fares triggered by excess capacity is beginning to slow, easing the burden on earnings as fuel...
London: Europe’s stock markets pushed higher yesterday, with London striking a new record high, after the Federal Reserve painted a positive picture of...
Swatch Group AG said it’s developing an alternative to the iOS and Android operating systems for smartwatches as Switzerland’s largest maker of timepieces...
Berlin: German Chancellor Angela Merkel and Chinese President Xi Jinping agreed in a phone call yesterday to work together for free trade and...
Istanbul: Turkey’s central bank took another unorthodox tightening step yesterday, hiking the cost of funds from its “late liquidity window” by 75 basis...
London:The British government said it would refer Rupert Murdoch’s planned takeover of European pay-TV group Sky to regulators to decide if the deal...
