Tokyo: Toshiba shares plunged again Wednesday as it warned of a $6.2 billion writedown in its US nuclear power business and announced a...
Tokyo: Toshiba shares plunged again Wednesday as it warned of a $6.2 billion writedown in its US nuclear power business and announced a...
Oil rose yesterday, supported by an Opec-led effort to cut output while rising production elsewhere kept prices within the narrow ranges that have...
Abu Dhabi is close to finalising the merger of two of its largest sovereign wealth funds, Mubadala Development Co PJSC and International Petroleum...
Beijing: Chinese bank lending surged in January, the central bank said yesterday, as concerns grow that a flood of credit is increasing financial...
Continually catering for the discerning customers in Qatar, Alfardan Automobiles, the official BMW Group importer in Qatar, welcomed the eagerly anticipated BMW 5...
Nowhere are China's rusted-out industries worse than in Liaoning, a province that's slumped into outright recession and where officials have admitted to years...
London: In a move that could shake up the global auto industry, General Motors Co and French automaker PSA Group said yesterday they...
Tokyo: Toshiba hinted at a possible fresh accounting scandal yesterday as it delayed the release of financial results but warned it would lose...
Dubai: Dubai-based developer Emaar, which built the world’s tallest tower Burj Khalifa, said yesterday its net profits rose sharply last year due to...
Brussels: Gazprom’s bid to tap into a pipeline meant to wean Europe off Russian gas threatens to undermine a pillar of European energy...
Beijing: German luxury carmaker BMW will recall around 41,500 vehicles in China due to faulty airbags, according to the country's quality regulator. Some...
Zurich: Credit Suisse yesterday reported a net loss of 2.4 billion Swiss francs ($2.3bn) in 2016, after agreeing to a massive settlement with...
Athen: The dollar dropped against most of its Group-of-10 peers before Federal Reserve Chair Janet Yellen testifies to the Senate Banking Panel in...
Brussels: Growth in eurozone remained resilient in the fourth quarter of 2016, but slightly less than an earlier estimate, data showed yesterday. The...
Mumbai: India's largest carmaker Tata Motors yesterday reported a 96 percent fall in quarterly profits, due to a cash ban which hit domestic...
When Patrick Pouyanne took over as the head of Total's loss-making refinery division in 2011, he demanded a breakdown of costs for every...
Frankfurt: German investor confidence suffered a sharper than expected tumble in February, data showed yesterday, as growing concerns over political uncertainty cast a...
The countdown to the Federal Reserve's next policy meeting in mid-March has begun, and so have the pleadings of some central bank officials...
