Petrobras Chief Executive Maria das Gracas Silva Foster (second left) speaks to guests at Planalto Palace after Brazil’s President Dilma Rousseff being sworn...
Petrobras Chief Executive Maria das Gracas Silva Foster (second left) speaks to guests at Planalto Palace after Brazil’s President Dilma Rousseff being sworn...
A trader is reflected on a screen as he works on the floor of the New York Stock Exchange in New York. A...
The Verizon logo is seen at the headquarters for Northern Virginia in Ashburn. Thousands of high-tech terminals offering free Wi-Fi and other services...
A sign shows a new home is sold in Ashburn, Virginia. US spending on construction fell slightly in November from the previous month...
An electricity pylon is seen above a newly-built solar power plant on a hill during sunset in Wuhu, China’s Anhui province.
SAN FRANCISCO: Apple on Friday faced a lawsuit accusing it of promising more available storage space than it actually delivers in iPhones, iPads,...
BAGHDAD: Iraq’s oil exports reached their highest level in decades in December, the oil ministry’s spokesman said yesterday, but vital revenues were being...
MOSCOW: Russia’s 2014 oil output hit a post-Soviet record high average of 10.58 million barrels per day (bpd), rising by 0.7 percent helped...
JUBA: South Sudan’s oil revenue last year was hit by reduced output because of conflict in the African republic and the rapid decline...
New York: The euro slumped to the lowest in four- and-a-half years against the US dollar after the European Central Bank signalled it...
London: The pound fell against the dollar for a third week, reaching a 16-month low, as reports showed growth in manufacturing and the...
MUMBAI: Micromax Informatics, India’s second-largest smartphone maker, plans to raise as much as $500m through a stock market listing in its financial year...
FRANKFURT: European Central Bank President Mario Draghi said the risk of the central bank not fulfilling its mandate of preserving price stability was...
BERLIN: A senior member of Angela Merkel’s party warned the ECB not to pour money into Greece and other struggling eurozone states through...
Tokyo: Japan Business Federation Chairman Sadayuki Sakakibara has expressed his confidence that the country’s economy will grow beyond expectations in 2015. In an...
NEW YORK: Shake Shack Inc’s filing for an initial public offering underscores a question for investors and foodies alike: How hungry are US...
LONDON/SYDNEY: The global economy ended 2014 in a fragile state as factories struggled to maintain growth across Europe and Asia, business surveys showed,...
New York: A top Federal Reserve official said she could see the US central bank raising interest rates in the first half of...