MUMBAI: India’s new central bank governor surprised markets yesterday with a bold decision to hike interest rates on fears of rising inflation, triggering...
MUMBAI: India’s new central bank governor surprised markets yesterday with a bold decision to hike interest rates on fears of rising inflation, triggering...
PARIS: Abu Dhabi-based Etihad airlines is focused on taking a stake in India’s Jet Airways, its chief executive said yesterday amid media speculation...
NEW DELHI: India’s imports of Iranian oil shot up in August to more than four times the volume taken in July as one...
MADRID: Spain’s trade deficit plunged by a further 53.5 percent in July as the recession-hit country rode a boom in exports, officials said...
A woman walks past a branch of Foxtons estate agents in central London yesterday. LONDON: British property agent Foxtons enjoyed a strong stock...
DOHA: Buying support from local retail and foreign institutional investors eased the selling pressure to lift the Qatar bourse benchmark index by 2.61...
Employees of BMW celebrate the production launch of ethe i3 electric car in Leipzig, Germany, yesterday. The small car with new carbon vehicle...
WASHINGTON: The Federal Reserve has decided against reducing its stimulus for the US economy, saying it will continue to buy $85bn a month...
ATHENS: Greece is not out of the woods yet and the fragile balance created as the coalition government tries to implement reforms to...
SEATTLE: A longer version of Boeing Co’s Dreamliner successfully completed its first flight on Tuesday, passing a key milestone for a plane expected...
NICOSIA: Confidence in Cyprus’s once-bloated banking sector is still running low despite a massive reorganisation imposed under a ¤10bn international bailout in March,...
European Central Bank (ECB) troika representative Rasmus Ruffer (third left), International Monetary Fund (IMF) troika representative Subir Lall (centre), International Monetary Fund Mission...
LONDON: The Bank of England moved further away from adding more stimulus to Britain’s economy this month and seemed less concerned by rising...
LONDON: Libya’s crude oil production has recovered to nearly 40 percent of its pre-war capacity with exports set to rise as major western...
KUALA LUMPUR: Britain is encouraging banks through a task force to establish Shariah-compliant products, aiming to position London as a Western hub for...
Chicago: FedEx Corp posted a better-than-expected quarterly profit on cost cuts and said it would raise rates next year for express shipping, a...
Detroit: The US Treasury has sold another block of shares in General Motors Co, reducing its stake to 7.3 percent as it moves...
NEW DELHI: India will provide a Rs10bn ($158m) sovereign guarantee to back local insurance for refineries using Iranian oil, two government sources said,...
