MUMBAI: India’s rupee touched a new record low of more than 60 to the dollar yesterday, deepening the abrupt slide in the currency...
MUMBAI: India’s rupee touched a new record low of more than 60 to the dollar yesterday, deepening the abrupt slide in the currency...
Containers are pictured at a terminal in the harbour of Hamburg. Germany’s Ifo institute has trimmed its forecast for economic growth this year...
PARIS: The number of unemployed people in mainland France was stable in May with a negligible rise of 100 people, just nudging the...
PARIS: France’s banking watchdog said yesterday it had fined the French branch of Swiss bank UBS ¤10m ($13m) for helping hundreds of well-heeled...
DUBLIN: Ireland could try to beef up an inquiry into the 2008 rescue of failed banks that eventually forced the country into an...
MADRID: Spain’s job-destroying recession is set to ease in the second quarter of 2013 as activity improves, the Bank of Spain said yesterday,...
President and Managing Director of Ford India Joginder Singh with newly-launched Ford Ecosport in New Delhi yesterday. Car sales in India slid by...
DUBAI: Saudi Telecom Co (STC) is a company with a market capitalisation of $21bn but no permanent chief executive. It has spent billions...
DUBAI: Oman’s first corporate sukuk has received regulatory approval and the five-year, RO50m ($130m) private placement aims to close next month, its lead...
LONDON: Gold hit its lowest in almost three years yesterday and was on course for a record quarterly loss after US data reinforced...
TOKYO: Troubled Japanese electronics giant Sharp Corp is to produce cutting-edge LCD panels for smartphones in a Chinese joint venture from as early...
PARIS: French oil major Total would like to explore shale gas in Britain but is not currently in talks to acquire stakes in...
Men work at a construction site at Colombo port yesterday. The Central Bank of Sri Lanka is projecting the economy will grow 7.5...
LISBON: Portugal’s fourth general strike in two years today will highlight the dilemma faced by the government, which imposed dramatic austerity measures to...
DUBAI: Dubai’s state-owned property firm Nakheel, is in talks with banks to refinance loans worth Dh8bn ($2.2bn) that are due in 2015, the...
PARIS/LONDON: Their birth heralded the longest phase of economic growth in living memory. Now, 65 years on, wealthy “Baby Boomers” are doing the...
LONDON: Standard Chartered brushed off fears that a slowdown in China’s economy would hit the Asia-focused lender hard and said it would meet...
Bangalore: Miner Gem Diamonds Ltd said it recovered a 100 carat diamond from its Letseng mine in Lesotho, sending its shares up as...
