Jeffrey Immelt, Chairman and CEO of GE, at the US-Africa Leaders Summit in Washington, DC, yesterday. WASHINGTON: General Electric Co yesterday pledged to...
Jeffrey Immelt, Chairman and CEO of GE, at the US-Africa Leaders Summit in Washington, DC, yesterday. WASHINGTON: General Electric Co yesterday pledged to...
ATHENS: Incoming European Commission President Jean-Claude Juncker played down yesterday the option of an outright writing off of part of the eurozone loans...
MOSCOW: Russia’s largest private oil producer Lukoil said yesterday it was selling its filling stations in three central European nations as part of...
NEW YORK: McDonald’s said yesterday that a recent scandal over expired meat from a Chinese food supplier has had a “significant negative impact”...
WASHINGTON: A leading African billionaire said that “misinformed” US businesses need to study up on the continent’s opportunities, suggesting they start by Googling....
Teresa Evans (right) and others look for job opportunities on the computers at CareerSource Florida in Miami. The US unemployment rate edged up...
A labourer works atop the Shanghai Tower, at the financial district of Pudong, in Shanghai, yesterday. The 632-metre tower is the second tallest...
LISBON: Portugal is ready to bail out the Banco Espirito Santo (BES) to prevent a catastrophic run on its banks that could plunge...
DUBAI: Saudi Aramco and Sumitomo Chemical will transfer ownership of a planned SR32bn ($8.5bn) petrochemical facility to their joint venture PetroRabigh, the venture...
Seoul: South Korea’s overseas travel spending set a new record in the second quarter despite a protracted slump in domestic demand stemming from...
ABU DHABI: Aldar Properties, Abu Dhabi’s largest real estate developer, reported a jump in its second-quarter net profit yesterday, after excluding one-time merger...
DUBAI: Dubai Investments said yesterday that its net profit for the first six months of the year more than doubled, on the back...
CAIRO: Egypt has chosen a consortium that includes the Egyptian army and global engineering firm Dar al Handasah to develop an international industrial...
A view of the production line of pencils at the French Pencils Company factory (Compagnie Francaise des Crayons, CFC) in Lay, near Roanne,...
A General Motors-made GMC vehicle seen at a dealership in Los Angeles. BEIJING: General Motors said yesterday that it had asked its main...
Customers at a Burger King restaurant in San Francisco, California. Fast-food chain Burger King reported a 19 percent surge in second quarter net...
DOHA: After its highly successful launch of Red Postpaid plans for consumers, Vodafone announced the availability of Red Postpaid plans tailored for businesses...
NAIROBI: African leaders head to Washington for a landmark US summit this week, with President Barack Obama hoping to boost trade, development and...
