LONDON: Glencore Xstrata told investors it would return excess cash, slash costs and might sell unwanted assets, raising expectations it would easily exceed...
LONDON: Glencore Xstrata told investors it would return excess cash, slash costs and might sell unwanted assets, raising expectations it would easily exceed...
OMAHA, Nebraska: Warren Buffett and the board of his conglomerate Berkshire Hathaway Inc are “solidly in agreement” on who should be the company’s...
Brussels: The eurozone’s recession will be even deeper than previously feared this year, the European commission has warned, as it slashed its outlook...
NEW DELHI: The Asian Development Bank is facing a funding crunch as the lending agency struggles to reduce widespread poverty in emerging market...
New York: Credit Suisse Group AG sued the former vice president of its emerging markets group, claiming she stole confidential documents and trade...
New York: Credit Suisse Group AG sued the former vice president of its emerging markets group, claiming she stole confidential documents and trade...
A farm worker walks next to crops in Carvoeira, 40km north of Lisbon. Portugal’s new spending cuts could run into the same problems...
WASHINGTON: Employment rose at a faster pace than expected in April and hiring was much stronger than previously thought in the prior two...
PARIS: European Union Internal Market Commissioner Michel Barnier, the EU’s top financial regulator, called on the French government to pursue its planned reforms...
MADRID: Spain unveiled plans to rein in the regional savings banks blamed for triggering its financial crisis, the latest step in an overhaul...
Sana’a: Yemen and World Bank signed here yesterday an agreement on granting an extra financing aid of $25 million to the Social Fund...
LOS ANGELES: The Chairman of Occidental Petroleum Corp, who drew criticism over his compensation as CEO, is out. Ray R Irani will step...
Bharti Airtel zonal office building in the northern Indian city of Chandigarh. NEW DELHI/DUBAI: Qatar has bought a 5 percent stake in Indian...
A worker collects tomatoes in a farm in Salto, 100km west of Sao Paulo, Brazil. Prices of the red fruit shot up 122...
Paris: The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada yesterday met Delphine Batho, the French Minister of...
WASHINGTON: The Washington Post Co. eked out a slim profit in the first quarter as earnings from cable and broadcast television operations offset...
New York: US unemployment hit a four-year low in April as the US job market bucked off fears of a spring freeze and...
DUBLIN: Ireland has resolved a standoff with international lenders over the timing of so-called “stress tests” of its bailed-out banks that threatened to...
