A woman walks past as a customer uses an ATM at a Bank of America (BAC) banking centre in New York’s financial district...
A woman walks past as a customer uses an ATM at a Bank of America (BAC) banking centre in New York’s financial district...
FRANKFURT: German heavy industry and steel giant, ThyssenKrupp’s supervisory board has agreed to take a 50-percent pay cut in view of disastrous losses...
Doha: Qatar First Investment Bank (QFIB), has partnered with Gulf Financial Conferences as the gold sponsor for two key conferences “Finance & Investment...
WASHINGTON: The International Monetary Fund (IMF) estimated on Friday that Greece faced a financing gap of between ¤5.5bn and ¤9.5bn for 2015 and...
LONDON: Up to 10,000 engineering jobs could have been created if the government had supported British companies bidding to win contracts to build...
MAPUTO: Mozambique cast doubt on Friday on why global mining giant Rio Tinto has made a $3bn (£2.2bn) write-down on its Mozambican assets,...
An ANA Boeing 787 Dreamliner grounded at Haneda airport in Tokyo, yesterday. Since the Boeing 787 Dreamliners are grounded due to safety concerns,...
WASHINGTON: Boeing’s engineers’ union blamed the problems with the grounded 787 Dreamliners on outsourcing as it rejected the US aerospace giant’s “final” contract...
NEW YORK/LONDON: Global prices for liquefied natural gas (LNG) are rising towards record highs this year as increasing demand runs up against stuttering...
SAO PAULO: Nearly 4,000 workers staged a two-hour work stoppage at General Motors’ Brazilian unit yesterday as part of efforts to derail management...
MUMBAI: India’s largest private firm Reliance Industries reported yesterday a surprise 24 percent rise in quarterly net profit as higher refining margins offset...
Sony’s US headquarters building (centre), located at Madison Avenue in New York. TOKYO: Sony shares rocketed 12.20 percent yesterday as the embattled Japanese...
Hong Kong: Asian shares posted strong gains yesterday after China released data showing a better-than-expected pick-up in the economy for the past four...
NEW YORK: US stocks opened little changed yesterday, a day after the S&P 500 rose to its highest level in five years, as...
LONDON: The US is unlikely to relax soon rules banning exports of most types of its crude oil, despite a huge increase in...
NEW YORK: US industrial giant General Electric yesterday bested quarterly earnings from a year ago, as it reported higher profits in all of...
TOULOUSE, France: European group Airbus lost the crown of the world’s biggest maker of airliners to US giant Boeing last year, but did...
A helicopter airlifts the Aston Martin Vanquish onto the helipad of the Burj Al Arab Hotel, yesterday. The aerial extravaganza was held as...
