LONDON: Britain’s Co-operative Bank said yesterdya it had completed a £400m ($674m) fundraising to bolster its capital position. The capital raise, which was...
LONDON: Britain’s Co-operative Bank said yesterdya it had completed a £400m ($674m) fundraising to bolster its capital position. The capital raise, which was...
SAN FRANCISCO/WASHINGTON: Oracle Corp won a legal victory against Google Inc as a US appeals court decided Oracle could copyright parts of the...
PARIS: Alcatel Lucent is focused on its cost saving and repositioning plan and not on industry consolidation, its chief executive said in a...
London: British Sky Broadcasting Group Plc is trying to gain control of Sky Deutschland AG and Sky Italia through a deal valued at...
A view of the Qatar Petroleum offshore production station. Doha: Qatar Petroleum (QP) has announced plans to invest over QR40bn in the re-development...
Sections of the keel of the Oasis 3 class ship during a ceremony at the STX Les Chantiers de l’Atlantique shipyard site in...
A woman walks past an office building of Swiss bank Credit Suisse in Zurich yesterday. ZURICH: Swiss banking giant Credit Suisse said yesterday...
Suzuki Motor Corp Chairman and Chief Executive Osamu Suzuki (centre) smiles as he leaves after a news conference on the company’s financial results...
LONDON/NEW YORK: The $35bn merger of US-based Omnicom and France’s Publicis collapsed yesterday after a battle for control destroyed plans to create the...
NEW YORK: The US dollar strengthened against the euro and Japanese yen yesterday after the European Central Bank signalled it could deliver fresh...
New Delhi: Vedanta Resources Plc said yesterday it would not mine bauxite at a controversial project in eastern India until it can win...
LONDON: US drugmaker Pfizer is under fire on both sides of the Atlantic as it weighs its next move to buy British rival...
MUMBAI: India’s stock market surged yesterday, touching a new high on hopes that election results next week will usher in a stable government...
JOHANNESBURG: South African platinum producer Lonmin is laying the groundwork to restart its operations next week after a concerted effort to woo striking...
ISTANBUL: Turkish Airlines posted a much deeper first quarter loss than expected yesterday despite rising sales, as it battles tough competition from low-cost...
IMF Managing Director Christine Lagarde (left) with Morocco’s Minister of Economy and Finance Nizar Baraka as she arrives for a meeting at the...
A customer checks Toshiba’s notebook computers at an electric shop in Tokyo yesterday. TOKYO: Toshiba said yesterday its full-year net profit fell about...
Emirates Chairman Sheikh Ahmed bin Saeed Al Maktoum arrives for a conference to announce the results of the Group in Dubai yesterday. DUBAI:...