Business

TOKYO: The dollar hit multi-month highs against the euro and yen in Asia yesterday after a surge in US housing construction boosted optimism...

BERLIN: German exports to Russia plunged in the first half of 2014, led by a sharp fall in car and machinery shipments, amid...

TOKYO: A rebound in exports helped narrow Japan’s trade deficit in July, data showed yesterday, but the shortfall still came in worse than...

HOUSTON/WILLISTON, NORTH DAKOTA: A fracking boom isn’t enough for US oil and gas producers — they’re now starting the refracking boom. Wells sunk...

Project manager Dirk Pruefer checks dandelion plants at a greenhouse at the Fraunhofer Institute for Molecular Biology and Applied Ecology (IME) in Muenster,...

A man and his daughter look at AirAsia planes at Kuala Lumpur International Airport yesterday.   KUALA LUMPUR: Malaysia-based AirAsia yesterday announced a sixfold...

  PARIS: Global steel production rose 1.7 percent in July over 12 months, driven mainly by growth in Chinese output, the World Steel Association...

A Target sign next to one of their stores in Vista, California.  The firm reported a 62 percent drop in second-quarter profit yesterday.  

Vendors sell food and vegetables along a train station outside Yangon yesterday.  

SINGAPORE: Iran is to delay the introduction of a 10 percent tax on exports of unprocessed iron ore until March next year, a...

SHANGHAI: China has fined 10 Japanese auto parts firms a total of more than $200m for price-fixing, authorities said yesterday, in what state...

JAKARTA: A plan by Southeast Asian countries to establish a European Union-inspired single market next year could worsen inequality and is likely to...

BUDAPEST: Controversial new plans to make Hungary’s banks bear the burden of surging mortgage repayments could drag down economic growth and may prompt...

Amman: Jordanian drugmaker Hikma Pharmaceuticals Plc reported a 44 percent rise in first-half adjusted profit and announced a special dividend of 4.0 cents...

One of the mooring boats launched by Nakilat Damen.   DOHA: Nakilat, Qatar’s premier marine company, has celebrated the delivery of two 16-metre mooring...

  Doha/Dubai: Qatar Exchange index went up marginally by 37.4 points when trading closed yesterday at 13,682.04 points, up 0.27 percent on previous day’s...

Rusal Sayanogorsk Aluminium Smelter at sunset near the town of Sayanogorsk in Russia’s Siberian Khakassia region yesterday. The world’s largest aluminium producer is...

A box of Heinz AD Calcium Hi-Protein Cereal, which is part of a batch of the cereal not affected by a recent recall,...