Tesla’s driver-assistance features, known collectively as Autopilot, have been vindicated. The U.S. Department of Transportation closed its investigation into a May 7 collision...
Tesla’s driver-assistance features, known collectively as Autopilot, have been vindicated. The U.S. Department of Transportation closed its investigation into a May 7 collision...
DUBAI: Doha Bank, Qatar’s fifth-largest lender by assets, reported a 84.8 percent decline in fourth-quarter net profit on Sunday, according to Reuters calculations....
Vienna: Oil producers said Sunday that their landmark December deal to slash output by almost two million barrels per day was on track,...
CAIRO: Egypt’s military has received the licence required to form a pharmaceutical company, a decree by Prime Minister Sherif Ismail published on Sunday...
Lagos: Nigeria may consider itself a regional aviation hub but years of mismanagement and now recession have blighted domestic airline operations, making delays...
BAGHDAD: Iraq announced the sale of $1 billion in bonds guaranteed by the United States, paying an interest of 2.1 percent, far below...
NEW YORK: Wall Street closed higher Friday after indexes recovered from losses during President Donald Trump's inaugural speech. Trump's reference to protectionism seemed...
NEW YORK: Apple sued its chip supplier, Qualcomm, for $1 billion Friday, alleging the firm demanded royalties for its technology. The world's biggest...
Davos: Russia's economy could grow by 2 percent in 2017 as long as there are no external shocks such as a renewed fall...
Tokyo: The dollar lost momentum yesterday as US Federal Reserve Chair Janet Yellen spoke of a gradual pace of rate hikes and sounded...
Riyadh: Saudi Aramco plans to boost gas production at its Hawiyah and Haradh plants to meet growing domestic energy needs, industry sources said....
Bern: China’s economy will remain stable and keep growing steadily while resisting protectionism, President Xi Jinping (pictured) said Swiss executives yesterday. “We are...
London: Oil prices edged up for a second day yesterday on expectations that a weekend meeting of the world’s top oil producers would...
Tokyo: Japan is threatening to take India to the WTO over restrictions that nearly halved its steel exports to the South Asian nation...
Turkey priced yesterday a $2bn long 10-year Senior Unsecured global bond. The US dollar benchmark offers a semi-annual coupon of 6 percent and...
Beijing: China's largest chip maker has announced it will invest $30bn to build a new semiconductor factory, as the world's second largest economy...
New York: General Electric Co’s fourth-quarter revenue trailed analysts’ estimates as the persistent oil-patch slump damped demand for the industrial equipment that forms...
Shanghai: US movie studio Paramount said yesterday it was partnering with two Chinese film-industry companies in a deal that would reportedly see $1bn...