NEW YORK: Ernst & Young (EY) has agreed to pay $99m to former Lehman Brothers investors who have accused the auditor of helping...
NEW YORK: Ernst & Young (EY) has agreed to pay $99m to former Lehman Brothers investors who have accused the auditor of helping...
NEW YORK: Boeing Co said it was notching down the production rate of its biggest plane, the iconic bubble-top 747, due to slack...
Royal Mail vans sit in the car park of Mount Pleasant sorting office in central London, yesterday. LONDON: Britain’s Royal Mail was valued...
DETROIT: The United Auto Workers is ratcheting up pressure on Nissan in the hopes it may finally succeed at organising the Japanese automaker’s...
SAO PAULO: Brazil’s securities industry watchdog CVM suspended on Friday the initial public offering of Grupo Ser Educacional SA, saying the education company...
Prime Minister of Canada Stephen Harper (left) and European Commission President Jose Manuel Barroso during the signing of a free trade agreement between...
NEW YORK CITY: Chinese computer and phone maker Lenovo is considering a counter bid to buy all of Canadian smartphone manufacturer BlackBerry, the...
Abu Dhabi: The Meed Mena Rail & Metro Summit, due to kick off at the Beach Rotana Hotel in Abu Dhabi on Tuesday...
NEW YORK: The S&P 500 index climbed to a new high at the start of trading yesterday and was on track for its...
NEW YORK CITY: General Electric yesterday reported a 9 percent drop in third-quarter earnings as revenues slipped, driven by a downsizing of its...
WASHINGTON: US regulators are investigating an Airbus engine failure aboard a Spirit Airlines flight that was forced to make an emergency landing in...
LONDON: Britain’s Business Secretary Vince Cable rebuffed accusations that the government underpriced the privatisation of Royal Mail and said yesterday the threat of...
Traders working on the floor of the New York Stock Exchange yesterday. LONDON: The dollar slid to an eight-month low against the euro...
Newly manufactured Ford Fiesta cars are seen on the deck of the car transport ship “Tossa” as it travels along the Rhine, from...
DAEGU, South Korea: Fast-growing oil and gas producers Russia and North America are spending billions of dollars on pipelines and port facilities to...
BEIJING: Britain will allow Chinese companies to take majority stakes in nuclear power projects in the country, finance minister George Osborne said yesterday....
NEW DELHI: India has cleared US supermarket giant Walmart of accusations it broke a ban on foreign investment in supermarkets by taking an...
LONDON: The volume of European shares traded privately rather than on a public exchange jumped 35 percent year-on-year to a record high in...
