LONDON: Miscreant bankers face having their bonuses clawed back for up to seven years after their award under measures set out on Wednesday...
LONDON: Miscreant bankers face having their bonuses clawed back for up to seven years after their award under measures set out on Wednesday...
FRANKFURT: Eurozone banks have loosened their lending terms for businesses for the first time since the start of the financial crisis, the European...
ROME: Italy’s loss-making flag carrier Alitalia is working on a final proposal to present to Etihad today in a push to lock in...
Shoppers visit stores in Chicago as consumer confidence has reached the highest level in almost seven years. WASHINGTON: US economic growth accelerated more...
PARIS: Airbus Group showed stellar performance in the first half (H1) of the year, raising net profits by half with sales of airliners,...
A Toyota Motor Corp Prius hybrid car (left) goes past a Volkswagen Tiguan car at their dealership in Tokyo yesterday. Volkswagen is closing...
Yusuf Mehdi, head of marketing and strategy for Microsoft’s Xbox group, at the presentation of the Xbox One as part of ChinaJoy 2014...
SINGAPORE: Singapore Airlines (SIA) said its financial first quarter net profit plunged 71.4 percent from the previous year, weighed down by lower passenger...
COLOMBO: Sri Lanka’s economy was among the fastest growing in Asia, but it was vulnerable to sudden external shocks due to high levels...
TOKYO: Japan could be flirting with recession after the weakest factory output since 2011, which, following a surprising fall in exports last week,...
New York: Snapchat, an app that lets users send messages that disappear after a few seconds, is in talks with investors, including Alibaba...
Argentina’s Economy Minister Axel Kicillof at the office of a court-appointed mediator in New York yesterday. BUENOS AIRES/NEW YORK: Argentina was in a...
US Commerce Secretary Penny Pritzker addresses business leaders in Mumbai yesterday. NEW DELHI: US Secretary of State John Kerry, who arrived in India...
PSA Peugeot Citroen group Chief Finance Officer Jean-Baptiste de Chatillon at the PSA Peugeot Citroen headquarters in Paris yesterday, presenting the company’s results...
WASHINGTON: The mechanisms allowing a country to restructure its sovereign debt should be “reviewed” if Argentina defaults, IMF chief Christine Lagarde said. If...
LONDON: Britain’s scandal-hit lender Barclays posted surging first-half net profits yesterday, sending its share price soaring, as it pushed ahead with a restructuring...
VIENNA/BRUSSELS: Russian bank subsidiaries based in the European Union will be exempt from EU economic sanctions designed to choke off finance for big...
MOSCOW: Moscow warned yesterday that a new wave of Western sanctions would drive up European Union energy prices and said they would hurt...
